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ETF comparison

PRF vs QQQ

US Value vs US Large Cap Growth.

Invesco RAFI US 1000 ETF · Invesco QQQ Trust

Holdings overlap

Weighted by ISIN/CUSIP
29.7 %

87 positions appear in both funds. Buying equal dollars of PRF and QQQ would leave roughly 29.7% of each dollar exposed to the same underlying securities.

PRF unmatched 70.3% Shared 29.7% QQQ unmatched 70.2%

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 PRF only
913 positions
Shared
87 positions
In QQQ only
15 positions

Side by side

PRF

Invesco RAFI US 1000 ETF

Invesco · US Value

81 composite / 100
Expense ratio
0.34%
Net assets
$9.79B
TTM yield
1.32%
Top-10 conc.
22.9%
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

66
Cost
82
88
Tax efficiency
90
100
Liquidity
100
82
Concentration
50
—
Tracking quality
—
PRF sub-score QQQ

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

Cost difference

QQQ is 16 bps cheaper than PRF. On a $100,000 position that's about $160/yr more in fees for PRF.

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 PRF vs QQQ.

Top shared holdings

87 shared in total
# Holding In PRF In QQQ Overlap
1 Apple Inc. 4.34% 6.67% 4.34%
2 Alphabet Inc. 3.66% 3.27% 3.27%
3 Microsoft Corp. 2.63% 4.35% 2.63%
4 Amazon.com, Inc. 2.34% 4.02% 2.34%
5 Intel Corp. 1.78% 3.04% 1.78%
6 Meta Platforms, Inc. 1.38% 2.62% 1.38%
7 Micron Technology, Inc. 0.88% 5.64% 0.88%
8 Cisco Systems, Inc. 0.85% 2.01% 0.85%
9 Walmart Inc. 0.75% 2.39% 0.75%
10 NVIDIA Corp. 0.60% 7.60% 0.60%
11 Broadcom Inc. 0.56% 2.81% 0.56%
12 Applied Materials, Inc. 0.45% 2.49% 0.45%

Only in PRF

913 total
  • ExxonMobil Holdings Corp. 1.86%
  • Berkshire Hathaway Inc. 1.82%
  • JPMorgan Chase & Co. 1.71%
  • UnitedHealth Group Inc. 1.33%
  • Chevron Corp. 1.30%
  • Bank of America Corp. 1.27%
  • Johnson & Johnson 1.13%
  • Citigroup Inc. 0.90%
  • Wells Fargo & Co. 0.84%
  • Merck & Co., Inc. 0.78%

Only in QQQ

15 total
  • Alphabet Inc. 3.02%
  • ASML Holding N.V. 0.79%
  • ARM Holdings PLC 0.65%
  • Shopify Inc. 0.60%
  • MercadoLibre, Inc. 0.37%
  • Astera Labs, Inc. 0.36%
  • NXP Semiconductors N.V. 0.31%
  • Nebius Group N.V. 0.26%
  • Rocket Lab Corp. 0.25%
  • PDD Holdings Inc. 0.22%

Percentages are holdings overlap with the named fund.

Open PRF 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.