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ETF comparison

IWR vs QQQ

US Mid Cap vs US Large Cap Growth.

iShares Russell Mid-Cap ETF · Invesco QQQ Trust

Holdings overlap

Weighted by ISIN/CUSIP
6.0 %

29 positions appear in both funds. Buying equal dollars of IWR and QQQ would leave roughly 6.0% of each dollar exposed to the same underlying securities.

IWR unmatched 93.8% Shared 6.0% QQQ unmatched 93.9%

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 IWR only
795 positions
Shared
29 positions
In QQQ only
73 positions

Side by side

IWR

iShares Russell Mid-Cap ETF

iShares · US Mid Cap

90 composite / 100
Expense ratio
0.18%
Net assets
$54.90B
TTM yield
1.16%
Top-10 conc.
5.6%
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
100
Concentration
50
—
Tracking quality
—
IWR 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 IWR vs QQQ.

Top shared holdings

29 shared in total
# Holding In IWR In QQQ Overlap
1 Datadog, Inc. 0.62% 0.37% 0.37%
2 Astera Labs, Inc. 0.53% 0.36% 0.36%
3 Teradyne, Inc. 0.55% 0.33% 0.33%
4 Warner Bros Discovery, Inc. 0.46% 0.29% 0.29%
5 Lumentum Holdings, Inc. 0.44% 0.29% 0.29%
6 Rocket Lab Corp. 0.39% 0.25% 0.25%
7 Fastenal Co. 0.40% 0.24% 0.24%
8 Baker Hughes Co. 0.40% 0.24% 0.24%
9 Electronic Arts, Inc. 0.37% 0.22% 0.22%
10 Xcel Energy, Inc. 0.36% 0.22% 0.22%
11 Diamondback Energy, Inc. 0.24% 0.21% 0.21%
12 Microchip Technology, Inc. 0.35% 0.21% 0.21%

Only in IWR

795 total
  • Snowflake, Inc. 0.61%
  • Royal Caribbean Cruises Ltd. 0.58%
  • Cloudflare, Inc. 0.56%
  • Robinhood Markets, Inc. 0.56%
  • Marathon Petroleum Corp. 0.54%
  • Simon Property Group, Inc. 0.52%
  • United Rentals, Inc. 0.51%
  • Coherent Corp. 0.50%
  • Comfort Systems USA, Inc. 0.50%
  • Phillips 66 0.49%

Only in QQQ

73 total
  • NVIDIA Corp. 7.60%
  • Apple Inc. 6.67%
  • Micron Technology, Inc. 5.64%
  • Microsoft Corp. 4.35%
  • Advanced Micro Devices, Inc. 4.10%
  • Amazon.com, Inc. 4.02%
  • Tesla, Inc. 3.30%
  • Alphabet Inc. 3.27%
  • Intel Corp. 3.04%
  • Alphabet Inc. 3.02%

Percentages are holdings overlap with the named fund.

Open IWR 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.