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ETF comparison

QQQ vs VO

US Large Cap Growth vs US Mid Cap.

Invesco QQQ Trust · Vanguard Morningstar Mid-Cap ETF

Holdings overlap

Weighted by ISIN/CUSIP
10.9 %

41 positions appear in both funds. Buying equal dollars of QQQ and VO would leave roughly 10.9% of each dollar exposed to the same underlying securities.

QQQ unmatched 89.0% Shared 10.9% VO unmatched 88.7%

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
61 positions
Shared
41 positions
In VO only
241 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%
VO

Vanguard Morningstar Mid-Cap ETF

Vanguard · US Mid Cap

96 composite / 100
Expense ratio
0.030%
Net assets
$216.43B
whole fund, 5 share classes
TTM yield
1.00%
Top-10 conc.
9.5%

Sub-score comparison

82
Cost
97
90
Tax efficiency
88
100
Liquidity
100
50
Concentration
100
—
Tracking quality
—
QQQ sub-score VO

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

Cost difference

VO is 15 bps cheaper than QQQ. On a $100,000 position that's about $150/yr more in fees for QQQ.

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 VO.

Top shared holdings

41 shared in total
# Holding In QQQ In VO Overlap
1 Western Digital Corp. 0.95% 1.06% 0.95%
2 Seagate Technology Holdings PLC 0.94% 1.05% 0.94%
3 Fortinet, Inc. 0.49% 0.46% 0.46%
4 Constellation Energy Corp. 0.39% 0.78% 0.39%
5 Datadog, Inc. 0.37% 0.83% 0.37%
6 Astera Labs, Inc. 0.36% 0.36% 0.36%
7 DoorDash, Inc. 0.33% 0.66% 0.33%
8 Teradyne, Inc. 0.33% 0.73% 0.33%
9 American Electric Power Co., Inc. 0.32% 0.36% 0.32%
10 Ross Stores, Inc. 0.30% 0.66% 0.30%
11 Monolithic Power Systems, Inc. 0.29% 0.62% 0.29%
12 Warner Bros. Discovery, Inc. 0.29% 0.61% 0.29%

Only in QQQ

61 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%

Only in VO

241 total
  • Vertiv Holdings Co 1.22%
  • Quanta Services Inc 1.04%
  • Howmet Aerospace Inc 1.04%
  • Cummins Inc 0.95%
  • Bloom Energy Corp 0.79%
  • Robinhood Markets Inc 0.77%
  • Cloudflare Inc 0.76%
  • Valero Energy Corp 0.75%
  • Coherent Corp 0.75%
  • Royal Caribbean Cruises Ltd 0.74%

Percentages are holdings overlap with the named fund.

Open QQQ or VO 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.