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ETF comparison

IWD vs QQQ

US Value vs US Large Cap Growth.

iShares Russell 1000 Value ETF · Invesco QQQ Trust

Holdings overlap

Weighted by ISIN/CUSIP
26.9 %

52 positions appear in both funds. Buying equal dollars of IWD and QQQ would leave roughly 26.9% of each dollar exposed to the same underlying securities.

IWD unmatched 72.9% Shared 26.9% QQQ unmatched 73.0%

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.

In IWD only
818 positions
Shared
52 positions
In QQQ only
50 positions

Side by side

IWD

iShares Russell 1000 Value ETF

iShares · US Value

87 composite / 100
Expense ratio
0.18%
Net assets
$80.96B
TTM yield
1.37%
Top-10 conc.
27.8%
QQQ

Invesco QQQ Trust

Invesco · US Large Cap Growth

83 composite / 100
Expense ratio
0.18%
Net assets
$498.95B
TTM yield
0.44%
Top-10 conc.
45.0%

Sub-score comparison

82
Cost
82
88
Tax efficiency
90
100
Liquidity
100
75
Concentration
50
—
Tracking quality
—
IWD sub-score QQQ

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

Expense ratios are effectively identical (0.18% vs 0.18%).

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 IWD vs QQQ.

Top shared holdings

52 shared in total
# Holding In IWD In QQQ Overlap
1 APPLE INC. 5.37% 6.67% 5.37%
2 AMAZON.COM, INC. 5.93% 4.02% 4.02%
3 MICROSOFT CORPORATION 3.88% 4.35% 3.88%
4 INTEL CORPORATION 1.72% 3.04% 1.72%
5 CISCO SYSTEMS, INC. 1.30% 2.01% 1.30%
6 WALMART INC. 1.27% 2.39% 1.27%
7 LINDE PUBLIC LIMITED COMPANY 0.67% 1.04% 0.67%
8 COSTCO WHOLESALE CORPORATION 0.65% 1.80% 0.65%
9 META PLATFORMS, INC. 0.63% 2.62% 0.63%
10 QUALCOMM INCORPORATED 0.55% 0.84% 0.55%
11 ANALOG DEVICES, INC. 0.50% 0.84% 0.50%
12 Pepsico, Inc. 0.46% 0.80% 0.46%

Only in IWD

818 total
  • BERKSHIRE HATHAWAY INC. 2.61%
  • JPMORGAN CHASE & CO. 2.45%
  • JOHNSON & JOHNSON 1.71%
  • EXXON MOBIL CORPORATION 1.59%
  • ABBVIE INC. 1.15%
  • UNITEDHEALTH GROUP INCORPORATED 1.05%
  • BANK OF AMERICA CORPORATION 0.98%
  • THE PROCTER & GAMBLE COMPANY 0.96%
  • MERCK & CO., INC. 0.89%
  • CHEVRON CORPORATION 0.86%

Only in QQQ

50 total
  • NVIDIA Corp. 7.60%
  • Micron Technology, Inc. 5.64%
  • Advanced Micro Devices, Inc. 4.10%
  • Tesla, Inc. 3.30%
  • Alphabet Inc. 3.27%
  • Alphabet Inc. 3.02%
  • Broadcom Inc. 2.81%
  • Applied Materials, Inc. 2.49%
  • Lam Research Corp. 2.35%
  • KLA Corp. 1.71%

Percentages are holdings overlap with the named fund.

Open IWD or QQQ 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.