QQQ vs SPYM: fund overlap

ETF comparisons  /  QQQ vs SPYM

US large-cap growth comparison · QQQ 2026-06-30 · SPYM 2026-09-11

QQQ vs SPYM

Invesco QQQ Trust, Series 1 compared with State Street SPDR Portfolio S&P 500 ETF

The funds share a substantial core but differ outside it.QQQ has 18 companies outside the overlap; SPYM has 417.

Do QQQ and SPYM overlap?

QQQ and SPYM overlap by 51.8% by weight, across 86 shared companies.

QQQUS large-cap growth

Invesco QQQ Trust, Series 1

105holdings
0.18%annual fee
USmarket
Valuation97 companies covered
28.8×P / E93% by weight
8.79×P / B85% by weight
3.5%Earnings yield
QQQ holdings and fund profile
SPYMUS equity

State Street SPDR Portfolio S&P 500 ETF

507holdings
0.02%annual fee
USmarket
Valuation492 companies covered
27.5×P / E97% by weight
5.44×P / B85% by weight
3.6%Earnings yield
SPYM holdings and fund profile

Price development

Both lines rebased to 0% over their shared dates

Largest shared positions

86 companies held in both funds

QQQ weight SPYM weight
Shared companyQQQ SPYM
NVIDIA CORP NVDA
7.58%
8.00%
Apple Inc AAPL
6.65%
7.38%
ALPHABET INC GOOGL 2 share classes
6.27%
5.40%
↳ ALPHABET INC-CL A GOOGL3.26%3.00%
↳ ALPHABET INC-CL C GOOG3.02%2.40%
Microsoft Corp MSFT
4.34%
5.57%
AMAZON.COM INC AMZN
4.01%
3.80%
BROADCOM INC AVGO
2.80%
2.59%
META PLATFORMS INC-CLASS A META
2.61%
2.15%
Micron Technology Inc MU
5.62%
1.66%
TESLA INC TSLA
3.29%
1.56%
ADVANCED MICRO DEVICES AMD
4.09%
1.27%
Intel Corp INTC
3.03%
0.77%
WALMART INC. WMT
2.39%
0.71%
CISCO SYSTEMS, INC. CSCO
2.00%
0.67%
Costco Wholesale Corp COST
1.79%
0.61%
PALANTIR TECHNOLOGIES INC-A PLTR
1.16%
0.58%
LAM RESEARCH CORPORATION LRCX
2.34%
0.56%
Applied Materials Inc AMAT
2.48%
0.55%
NETFLIX INC NFLX
1.30%
0.49%
Palo Alto Networks Inc PANW
1.20%
0.41%
Texas Instruments Inc TXN
1.17%
0.37%
SANDISK CORPORATION SNDK
1.45%
0.37%
KLA Corp KLAC
1.70%
0.36%
Linde PLC LIN
1.04%
0.33%
CROWDSTRIKE HOLDINGS INC - A CRWD
0.84%
0.32%
MARVELL TECHNOLOGY, INC. MRVL
1.13%
0.31%

QQQ and SPYM questions

Based on the holdings compared above

How much do QQQ and SPYM overlap?

QQQ and SPYM overlap by 51.8% by weight, across 86 shared companies.

Which companies do QQQ and SPYM both hold?

The largest companies held in both funds are NVIDIA CORP, Apple Inc, ALPHABET INC, Microsoft Corp, AMAZON.COM INC.

Can I hold both QQQ and SPYM?

Holding both means 51.8% of that part of your portfolio is the same companies counted twice. That can suit you or not depending on your goals; this tool reports the overlap rather than giving advice.

Is QQQ or SPYM cheaper?

QQQ has a 0.18% expense ratio and SPYM has 0.02%.

How do QQQ and SPYM compare on valuation?

QQQ has a weighted P/E of 28.8 and SPYM has a weighted P/E of 27.5.

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