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ETF comparison

QQQ vs SPHB

US Large Cap Growth vs US Large Cap.

Invesco QQQ Trust · Invesco S&P 500 High Beta ETF

Holdings overlap

Weighted by ISIN/CUSIP
24.0 %

31 positions appear in both funds. Buying equal dollars of QQQ and SPHB would leave roughly 24.0% of each dollar exposed to the same underlying securities.

QQQ unmatched 75.9% Shared 24.0% SPHB unmatched 78.1%

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 QQQ only
71 positions
Shared
31 positions
In SPHB only
70 positions

Side by side

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%
SPHB

Invesco S&P 500 High Beta ETF

Invesco · US Large Cap

75 composite / 100
Expense ratio
0.25%
Net assets
$950.6M
TTM yield
0.56%
Top-10 conc.
17.4%

Sub-score comparison

82
Cost
75
90
Tax efficiency
89
100
Liquidity
56
50
Concentration
89
—
Tracking quality
—
QQQ sub-score SPHB

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

Cost difference

QQQ is 7 bps cheaper than SPHB. On a $100,000 position that's about $70/yr more in fees for SPHB.

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 SPHB.

Top shared holdings

31 shared in total
# Holding In QQQ In SPHB Overlap
1 Micron Technology, Inc. 5.64% 1.92% 1.92%
2 Advanced Micro Devices, Inc. 4.10% 1.50% 1.50%
3 Sandisk Corp. 1.46% 2.20% 1.46%
4 Lam Research Corp. 2.35% 1.45% 1.45%
5 KLA Corp. 1.71% 1.23% 1.23%
6 Tesla, Inc. 3.30% 1.20% 1.20%
7 Applied Materials, Inc. 2.49% 1.19% 1.19%
8 Palantir Technologies Inc. 1.16% 1.19% 1.16%
9 Intel Corp. 3.04% 1.14% 1.14%
10 Broadcom Inc. 2.81% 1.10% 1.10%
11 Western Digital Corp. 0.95% 1.33% 0.95%
12 NVIDIA Corp. 7.60% 0.94% 0.94%

Only in QQQ

71 total
  • Apple Inc. 6.67%
  • Microsoft Corp. 4.35%
  • Alphabet Inc. 3.27%
  • Alphabet Inc. 3.02%
  • Walmart Inc. 2.39%
  • Cisco Systems, Inc. 2.01%
  • Costco Wholesale Corp. 1.80%
  • Netflix, Inc. 1.30%
  • Palo Alto Networks, Inc. 1.21%
  • Texas Instruments Inc. 1.17%

Only in SPHB

70 total
  • Super Micro Computer, Inc. 1.96%
  • Robinhood Markets, Inc. 1.95%
  • Coinbase Global, Inc. 1.62%
  • Dell Technologies Inc. 1.57%
  • Coherent Corp. 1.53%
  • United Airlines Holdings, Inc. 1.38%
  • Ciena Corp. 1.32%
  • Arista Networks, Inc. 1.26%
  • Norwegian Cruise Line Holdings Ltd. 1.24%
  • Hewlett Packard Enterprise Co. 1.24%

Percentages are holdings overlap with the named fund.

Open QQQ or SPHB 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.