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ETF comparison

IWX vs QQQ

US Value vs US Large Cap Growth.

iShares Russell Top 200 Value ETF · Invesco QQQ Trust

Holdings overlap

Weighted by ISIN/CUSIP
31.9 %

35 positions appear in both funds. Buying equal dollars of IWX and QQQ would leave roughly 31.9% of each dollar exposed to the same underlying securities.

IWX unmatched 68.0% Shared 31.9% QQQ unmatched 68.1%

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 IWX only
116 positions
Shared
35 positions
In QQQ only
67 positions

Side by side

IWX

iShares Russell Top 200 Value ETF

iShares · US Value

79 composite / 100
Expense ratio
0.20%
Net assets
$3.67B
TTM yield
1.36%
Top-10 conc.
39.0%
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

80
Cost
82
88
Tax efficiency
90
81
Liquidity
100
59
Concentration
50
—
Tracking quality
—
IWX sub-score QQQ

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

Cost difference

QQQ is 2 bps cheaper than IWX. On a $100,000 position that's about $20/yr more in fees for IWX.

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 IWX vs QQQ.

Top shared holdings

35 shared in total
# Holding In IWX In QQQ Overlap
1 APPLE INC 7.53% 6.67% 6.67%
2 MICROSOFT CORP 5.44% 4.35% 4.35%
3 AMAZON.COM INC 8.32% 4.02% 4.02%
4 INTEL CORP 2.40% 3.04% 2.40%
5 CISCO SYSTEMS INC 1.82% 2.01% 1.82%
6 WALMART INC 1.78% 2.39% 1.78%
7 LINDE PLC 0.94% 1.04% 0.94%
8 COSTCO WHOLESALE CORP 0.92% 1.80% 0.92%
9 META PLATFORMS INC 0.88% 2.62% 0.88%
10 QUALCOMM INC 0.77% 0.84% 0.77%
11 ANALOG DEVICES INC 0.71% 0.84% 0.71%
12 PEPSICO INC 0.64% 0.80% 0.64%

Only in IWX

116 total
  • BERKSHIRE HATHAWAY INC 3.66%
  • JP MORGAN CHASE & COMPANY 3.44%
  • JOHNSON & JOHNSON 2.40%
  • EXXONMOBIL HOLDINGS CORP 2.23%
  • ABBVIE INC 1.61%
  • UNITEDHEALTH GROUP INC 1.47%
  • BANK OF AMERICA CORP 1.38%
  • PROCTER & GAMBLE COMPANY (THE) 1.34%
  • MERCK & COMPANY INC 1.25%
  • CHEVRON CORP 1.21%

Only in QQQ

67 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 IWX 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.