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ETF comparison

QQQ vs VOE

US Large Cap Growth vs US Value.

Invesco QQQ Trust · Vanguard Morningstar Mid-Cap Value ETF

Holdings overlap

Weighted by ISIN/CUSIP
3.1 %

15 positions appear in both funds. Buying equal dollars of QQQ and VOE would leave roughly 3.1% of each dollar exposed to the same underlying securities.

QQQ unmatched 96.8% Shared 3.1% VOE unmatched 96.3%

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
87 positions
Shared
15 positions
In VOE only
155 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%
VOE

Vanguard Morningstar Mid-Cap Value ETF

Vanguard · US Value

95 composite / 100
Expense ratio
0.050%
Net assets
$36.74B
whole fund, 3 share classes
TTM yield
1.87%
Top-10 conc.
12.6%

Sub-score comparison

82
Cost
95
90
Tax efficiency
87
100
Liquidity
100
50
Concentration
96
—
Tracking quality
—
QQQ sub-score VOE

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

Cost difference

VOE is 13 bps cheaper than QQQ. On a $100,000 position that's about $130/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 VOE.

Top shared holdings

15 shared in total
# Holding In QQQ In VOE Overlap
1 American Electric Power Co., Inc. 0.32% 0.64% 0.32%
2 Warner Bros. Discovery, Inc. 0.29% 1.10% 0.29%
3 Regeneron Pharmaceuticals, Inc. 0.28% 0.55% 0.28%
4 PACCAR Inc. 0.27% 1.09% 0.27%
5 Baker Hughes Co. 0.24% 0.95% 0.24%
6 Electronic Arts Inc. 0.22% 0.44% 0.22%
7 Xcel Energy Inc. 0.22% 0.86% 0.22%
8 Diamondback Energy, Inc. 0.21% 0.60% 0.21%
9 Exelon Corp. 0.21% 0.82% 0.21%
10 Keurig Dr Pepper Inc. 0.19% 0.73% 0.19%
11 PayPal Holdings, Inc. 0.16% 0.39% 0.16%
12 Roper Technologies, Inc. 0.15% 0.59% 0.15%

Only in QQQ

87 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 VOE

155 total
  • Cummins Inc 1.70%
  • Valero Energy Corp 1.33%
  • Marathon Petroleum Corp 1.29%
  • CRH PLC 1.23%
  • United Rentals Inc 1.22%
  • SLB Ltd 1.20%
  • General Motors Co 1.20%
  • Simon Property Group Inc 1.19%
  • Phillips 66 1.17%
  • Digital Realty Trust Inc 1.09%

Percentages are holdings overlap with the named fund.

Open QQQ or VOE 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.