QQQJ vs FAD overlap
QQQJ and FAD overlap 9.8% by weight, across 38 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (QQQJ: May 31, 2026, FAD: July 31, 2026), so market moves and index changes between those dates lower the number. Funds tracking the same index can read well below their true overlap.
Top shared holdings
| Holding | QQQJ | FAD | Overlap |
|---|---|---|---|
| Incyte Corp.INCY | 0.90% | 0.51% | 0.51% |
| EBAY Inc.EBAY | 2.28% | 0.49% | 0.49% |
| Illumina Inc.ILMN | 1.16% | 0.45% | 0.45% |
| Medpace HoldingsMEDP | 0.59% | 0.42% | 0.42% |
| Talen Energy CORTLN | 0.82% | 0.42% | 0.42% |
| Woodward Inc.WWD | 0.97% | 0.41% | 0.41% |
| Natera Inc.NTRA | 1.47% | 0.38% | 0.38% |
| F5 Inc.FFIV | 1.01% | 0.37% | 0.37% |
| FTAI Aviation LTFTAI | 1.24% | 0.37% | 0.37% |
| Credo TechnologyCRDO | 1.90% | 0.37% | 0.37% |
| Teradyne Inc.TER | 2.73% | 0.37% | 0.37% |
| First Solar Inc.FSLR | 1.53% | 0.35% | 0.35% |
| Macom TechnologyMTSI | 1.27% | 0.32% | 0.32% |
| Astera Labs Inc.ALAB | 2.72% | 0.31% | 0.31% |
| CH RobinsonCHRW | 0.99% | 0.30% | 0.30% |
Overlap by weight adds up the smaller weight of each holding the funds share, so 100% means identical portfolios. Long securities only: derivatives and cash vehicles are left out. Sources: QQQJ, SEC Form N-PORT, May 31, 2026; FAD, SEC Form N-PORT, July 31, 2026.
Largest institutions holding both
| Firm | QQQJ | FAD |
|---|---|---|
| LPL Financial LLC | $28.8M | $55.3M |
| Raymond James Financial Inc. | $54.7M | $25.1M |
| Morgan Stanley | $19.2M | $55.5M |
| Wells Fargo & Company | $18.5M | $42.5M |
| Jones Financial Companies LLLP | $31.0M | $12.0M |
| Osaic Holdings, Inc. | $31.1M | $9.9M |
| UBS Group AG | $23.3M | $3.5M |
| Commonwealth Equity Services, LLC | $4.8M | $13.7M |
| Bank of America Corp. | $7.2M | $8.3M |
| Cambridge Investment Research Advisors, Inc. | $1.2M | $11.7M |
| Truist Financial Corp. | $398K | $9.7M |
| Northwestern Mutual Wealth Management Co | $1.4M | $7.2M |
| Royal Bank of Canada | $3.7M | $4.2M |
| Envestnet Asset Management Inc. | $853K | $6.1M |
| Cetera Investment Advisers | $2.2M | $3.7M |
This compares who owns the funds, not what the funds hold. From SEC Form 13F, for managers with $100M+ in US securities.
Who owns them: QQQJ institutional holders, FAD institutional holders.
Frequently asked questions
How much do QQQJ and FAD overlap?
9.8% by weight, with 38 holdings in common, using holdings for QQQJ as of May 31, 2026 and FAD as of July 31, 2026. The largest shared position is INCY.
Do institutions hold both QQQJ and FAD?
50 Form 13F filers report positions in both, out of 255 that report either one.
How is overlap by weight worked out?
For each holding the two funds share, take the smaller of the two weights, then add those up. Identical portfolios score 100%.