QQQUS large-cap growth
Invesco QQQ Trust, Series 1
105holdings
0.18%annual fee
USmarket
Valuation97 companies covered
29.1×P / E93% by weight
8.90×P / B85% by weight
3.4%Earnings yield
ETF comparisons / QQQ vs USMV
US large-cap growth comparison · QQQ 2026-06-30 · USMV 2026-10-12
QQQ vs USMV
Invesco QQQ Trust, Series 1 compared with iShares MSCI USA Min Vol Factor ETF
Most company exposure is different between these funds.QQQ has 48 companies outside the overlap; USMV has 121.
Do QQQ and USMV overlap?
QQQ and USMV overlap by 25.5% by weight, across 56 shared companies.
USMVequity
iShares MSCI USA Min Vol Factor ETF
179holdings
0.15%annual fee
USmarket
Valuation170 companies covered
24.0×P / E97% by weight
4.24×P / B87% by weight
4.2%Earnings yield
Price development
Both lines rebased to 0% over their shared dates
Largest shared positions
56 companies held in both funds
QQQ weight
USMV weight
| Shared company | QQQ | USMV |
|---|---|---|
| Microsoft Corp MSFT | 4.34% | 1.68% |
| NVIDIA CORP NVDA | 7.58% | 1.56% |
| CISCO SYSTEMS, INC. CSCO | 2.00% | 1.43% |
| PALANTIR TECHNOLOGIES INC-A PLTR | 1.16% | 1.16% |
| Apple Inc AAPL | 6.65% | 0.97% |
| BROADCOM INC AVGO | 2.80% | 0.91% |
| ADVANCED MICRO DEVICES AMD | 4.09% | 0.84% |
| T-MOBILE US, INC. TMUS | 0.78% | 0.85% |
| ANALOG DEVICES, INC. ADI | 0.84% | 0.77% |
| Micron Technology Inc MU | 5.62% | 0.76% |
| Pepsico, Inc. PEP | 0.80% | 0.76% |
| Palo Alto Networks Inc PANW | 1.20% | 0.75% |
| Texas Instruments Inc TXN | 1.17% | 0.73% |
| WALMART INC. WMT | 2.39% | 0.71% |
| Gilead Sciences Inc GILD | 0.68% | 0.88% |
| Linde PLC LIN | 1.04% | 0.63% |
| Applied Materials Inc AMAT | 2.48% | 0.62% |
| Vertex Pharmaceuticals Inc VRTX | 0.54% | 1.34% |
| MARVELL TECHNOLOGY, INC. MRVL | 1.13% | 0.52% |
| Costco Wholesale Corp COST | 1.79% | 0.50% |
| FORTINET, INC. FTNT | 0.49% | 0.94% |
| MONSTER BEVERAGE CORPORATION MNST | 0.41% | 0.77% |
| ALPHABET INC GOOGL 2 share classes | 6.27% | 0.39% |
| ↳ ALPHABET INC-CL A GOOGL | 3.26% | 0.00% |
| ↳ ALPHABET INC-CL C GOOG | 3.02% | 0.39% |
| MERCADOLIBRE INC MELI | 0.37% | 0.38% |
| SYNOPSYS, INC. SNPS | 0.37% | 0.40% |
QQQ and USMV questions
Based on the holdings compared above
How much do QQQ and USMV overlap?
QQQ and USMV overlap by 25.5% by weight, across 56 shared companies.
Which companies do QQQ and USMV both hold?
The largest companies held in both funds are Microsoft Corp, NVIDIA CORP, CISCO SYSTEMS, INC., PALANTIR TECHNOLOGIES INC-A, Apple Inc.
Can I hold both QQQ and USMV?
Holding both means 25.5% 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 USMV cheaper?
QQQ has a 0.18% expense ratio and USMV has 0.15%.
How do QQQ and USMV compare on valuation?
QQQ has a weighted P/E of 29.1 and USMV has a weighted P/E of 24.0.
Compare your own portfolio
Open the analyzerSee the companies and duplicated exposure across every fund you hold.