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ETF comparison

QQQ vs XLG

US Large Cap Growth vs US Large Cap.

Invesco QQQ Trust · Invesco S&P 500 Top 50 ETF

Holdings overlap

Weighted by ISIN/CUSIP
51.6 %

25 positions appear in both funds. Buying equal dollars of QQQ and XLG would leave roughly 51.6% of each dollar exposed to the same underlying securities.

QQQ unmatched 48.3% Shared 51.6% XLG unmatched 48.4%

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
77 positions
Shared
25 positions
In XLG only
27 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%
XLG

Invesco S&P 500 Top 50 ETF

Invesco · US Large Cap

79 composite / 100
Expense ratio
0.20%
Net assets
$11.69B
TTM yield
0.64%
Top-10 conc.
60.1%

Sub-score comparison

82
Cost
80
90
Tax efficiency
89
100
Liquidity
100
50
Concentration
28
—
Tracking quality
—
QQQ sub-score XLG

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

Cost difference

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

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 XLG.

Top shared holdings

25 shared in total
# Holding In QQQ In XLG Overlap
1 NVIDIA Corp. 7.60% 12.06% 7.60%
2 Apple Inc. 6.67% 11.26% 6.67%
3 Microsoft Corp. 4.35% 8.56% 4.35%
4 Amazon.com, Inc. 4.02% 6.60% 4.02%
5 Alphabet Inc. 3.27% 5.18% 3.27%
6 Alphabet Inc. 3.02% 4.18% 3.02%
7 Broadcom Inc. 2.81% 4.57% 2.81%
8 Meta Platforms, Inc. 2.62% 3.03% 2.62%
9 Micron Technology, Inc. 5.64% 2.30% 2.30%
10 Tesla, Inc. 3.30% 2.17% 2.17%
11 Advanced Micro Devices, Inc. 4.10% 1.93% 1.93%
12 Walmart Inc. 2.39% 1.21% 1.21%

Only in QQQ

77 total
  • Palo Alto Networks, Inc. 1.21%
  • Marvell Technology, Inc. 1.13%
  • Western Digital Corp. 0.95%
  • Seagate Technology Holdings PLC 0.94%
  • Amgen Inc. 0.85%
  • CrowdStrike Holdings, Inc. 0.84%
  • Analog Devices, Inc. 0.84%
  • ASML Holding N.V. 0.79%
  • T-Mobile US, Inc. 0.79%
  • AppLovin Corp. 0.68%

Only in XLG

27 total
  • JPMorgan Chase & Co. 2.34%
  • Berkshire Hathaway Inc. 2.33%
  • Eli Lilly and Co. 2.25%
  • ExxonMobil Holdings Corp. 1.60%
  • Johnson & Johnson 1.53%
  • Visa Inc. 1.51%
  • Mastercard Inc. 1.15%
  • AbbVie Inc. 1.10%
  • Bank of America Corp. 1.00%
  • UnitedHealth Group Inc. 0.93%

Percentages are holdings overlap with the named fund.

Open QQQ or XLG 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.