Invesco NASDAQ 100 ETF (QQQM) and State Street® Technology Select Sector SPDR® ETF (XLK) share 35 holdings, with roughly 55.7% of their portfolio weight overlapping.
Holdings as of: QQQM October 8, 2026 · XLK October 27, 2026.
Fund pages: QQQM (Invesco NASDAQ 100 ETF) · XLK (State Street® Technology Select Sector SPDR® ETF)
Weight overlap
55.7%
Shared portfolio weight
Shared holdings
35
Securities in both funds
Funds
QQQM · XLK
Compared side by side
Interactive charts, sector exposure, combined allocation, and the full overlap heatmap.
Every holding both funds own, ranked by shared exposure (how much of the position they hold in common). The weight gap shows which fund tilts more heavily into it.
| Holding | In QQQM | In XLK | Weight gap |
|---|---|---|---|
| NVDANVIDIA | 8.34% | 15.22% | 6.88%XLK |
| AAPLAPPLE | 7.46% | 14.62% | 7.16%XLK |
| MSFTMICROSOFT | 5.82% | 11.38% | 5.56%XLK |
| AMDADVANCED MICRO DEVICES | 4.20% | 4.78% | 0.58%XLK |
| MUMICRON TECHNOLOGY | 4.85% | 4.02% | 0.83%QQQM |
| AVGOBROADCOM | 2.57% | 4.70% | 2.13%XLK |
| INTCINTEL | 2.33% | 2.72% | 0.39%XLK |
| PLTRPALANTIR TECHNOLOGIES A | 1.89% | 2.67% | 0.78%XLK |
| CSCOCISCO SYSTEMS | 1.88% | 2.56% | 0.68%XLK |
| AMATAPPLIED MATERIALS | 1.68% | 1.84% | 0.16%XLK |
| LRCXLAM RESEARCH | 1.66% | 1.76% | 0.10%XLK |
| PANWPALO ALTO NETWORKS | 1.35% | 1.91% | 0.56%XLK |
| CRWDCROWDSTRIKE HOLDINGS | 1.12% | 1.59% | 0.47%XLK |
| TXNTEXAS INSTRUMENTS | 1.09% | 1.65% | 0.56%XLK |
| KLACKLA | 1.06% | 1.17% | 0.11%XLK |
| MRVLMARVELL TECHNOLOGY | 1.00% | 1.25% | 0.25%XLK |
| SNDKSANDISK | 0.98% | 1.11% | 0.13%XLK |
| ADIANALOG DEVICES | 0.81% | 1.21% | 0.40%XLK |
| QCOMQUALCOMM | 0.77% | 1.15% | 0.38%XLK |
| STXSEAGATE TECHNOLOGY HOLDINGS | 0.73% | 0.88% | 0.15%XLK |
| WDCWESTERN DIGITAL | 0.59% | 0.80% | 0.21%XLK |
| FTNTFORTINET | 0.57% | 0.67% | 0.10%XLK |
| ADBEADOBE | 0.40% | 0.58% | 0.18%XLK |
| CDNSCADENCE DESIGN SYS | 0.40% | 0.55% | 0.15%XLK |
| SNPSSYNOPSYS | 0.40% | 0.53% | 0.13%XLK |
| LITELUMENTUM HOLDINGS | 0.39% | 0.45% | 0.06%XLK |
| DDOGDATADOG CLASS A | 0.38% | 0.55% | 0.17%XLK |
| INTUINTUIT | 0.35% | 0.52% | 0.17%XLK |
| MPWRMONOLITHIC POWER SYSTEMS | 0.28% | 0.35% | 0.07%XLK |
| TERTERADYNE | 0.26% | 0.30% | 0.04%XLK |
| NXPINXP SEMICONDUCTORS NV | 0.24% | 0.37% | 0.13%XLK |
| ADSKAUTODESK | 0.20% | 0.30% | 0.10%XLK |
| MCHPMICROCHIP TECHNOLOGY | 0.17% | 0.25% | 0.08%XLK |
| ROPROPER TECHNOLOGIES | 0.15% | 0.25% | 0.10%XLK |
| WDAYWORKDAY | 0.15% | 0.24% | 0.09%XLK |
1–20 of 35
How each fund's equity holdings break down by sector, side by side — the clearest read on where the two funds tilt differently.
| Sector | In QQQM | In XLK |
|---|---|---|
Technology | 60.2% | 100.0% |
Communication Services | 12.0% | 0.0% |
Consumer Cyclical | 10.2% | 0.0% |
Consumer Defensive | 5.8% | 0.0% |
Industrials | 5.4% | 0.0% |
Healthcare | 3.7% | 0.0% |
Utilities | 1.1% | 0.0% |
Basic Materials | 0.9% | 0.0% |
Energy | 0.5% | 0.0% |
Financial Services | 0.2% | 0.0% |
Weights are of each fund’s classified equity holdings.
QQQM
XLK
Two ETFs overlap when they hold the same underlying securities. Holding both funds can leave you more concentrated than you think — you may own the same large companies twice, at a combined weight neither fund shows on its own. The weight overlap above is the share of portfolio weight the two funds hold in common: for every security both own, it counts only the smaller of the two weights (the slice you genuinely double up on). 0% means completely different books; 100% means effectively identical funds.