ETF comparison
QQQ vs SPY
US Large Cap Growth vs US Large Cap.
Holdings overlap
86 positions appear in both funds. Buying equal dollars of QQQ and SPY would leave roughly 49.8% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
SPY is 9 bps cheaper than QQQ. On a $100,000 position that's about $86/yr more in fees for QQQ.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with QQQ vs SPY.
Top shared holdings
86 shared in total| # | Holding | In QQQ | In SPY | Overlap |
|---|---|---|---|---|
| 1 | NVIDIA Corp. | 7.60% | 7.30% | 7.30% |
| 2 | Apple Inc. | 6.67% | 7.69% | 6.67% |
| 3 | Microsoft Corp. | 4.35% | 6.22% | 4.35% |
| 4 | Amazon.com, Inc. | 4.02% | 3.94% | 3.94% |
| 5 | Alphabet Inc. | 3.27% | 2.56% | 2.56% |
| 6 | Broadcom Inc. | 2.81% | 2.33% | 2.33% |
| 7 | Meta Platforms, Inc. | 2.62% | 2.09% | 2.09% |
| 8 | Alphabet Inc. | 3.02% | 2.06% | 2.06% |
| 9 | Tesla, Inc. | 3.30% | 1.64% | 1.64% |
| 10 | Micron Technology, Inc. | 5.64% | 1.35% | 1.35% |
| 11 | Advanced Micro Devices, Inc. | 4.10% | 1.20% | 1.20% |
| 12 | Walmart Inc. | 2.39% | 0.87% | 0.87% |
Only in QQQ
16 total- ASML Holding N.V. 0.79%
- ARM Holdings PLC 0.65%
- Shopify Inc. 0.60%
- MercadoLibre, Inc. 0.37%
- Astera Labs, Inc. 0.36%
- Warner Bros. Discovery, Inc. 0.29%
- Nebius Group N.V. 0.26%
- Rocket Lab Corp. 0.25%
- Electronic Arts Inc. 0.22%
- PDD Holdings Inc. 0.22%
Only in SPY
418 total- ELI LILLY + CO 1.71%
- BERKSHIRE HATHAWAY INC CL B 1.63%
- JPMORGAN CHASE + CO 1.41%
- VISA INC CLASS A SHARES 1.12%
- EXXONMOBIL HOLDINGS CORP 1.05%
- JOHNSON + JOHNSON 1.00%
- MASTERCARD INC A 0.82%
- ABBVIE INC 0.79%
- CHEVRON CORP 0.65%
- PROCTER + GAMBLE CO/THE 0.59%
Related comparisons
More comparisons with QQQ
- QQQ vs FELC · Fidelity Enhanced Large Cap Core ETF 49.5%
- QQQ vs SCHK · Schwab 1000 ETF 49.5%
- QQQ vs DYNF · iShares U.S. Equity Factor Rotation Active ETF 48.9%
- QQQ vs DFUS · Dimensional U.S. Equity Market ETF 48.8%
- QQQ vs VONE · Vanguard Russell 1000 Index Fund ETF Shares 48.8%
- QQQ vs ITOT · iShares Core S&P Total U.S. Stock Market ETF 48.4%
More comparisons with SPY
- SPY vs IWX · iShares Russell Top 200 Value ETF 49.5%
- SPY vs QUAL · iShares MSCI USA Quality Factor ETF 46.0%
- SPY vs CGUS · Capital Group Core Equity ETF 44.3%
- SPY vs RSP · Invesco S&P 500 Equal Weight ETF 44.0%
- SPY vs DUHP · DFA U.S. High Relative Profitability Portfolio – ETF Class Shares 43.4%
- SPY vs VTV · Vanguard Morningstar Value ETF 42.5%
Percentages are holdings overlap with the named fund.
Open QQQ or SPY at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.