SPYG vs QQQM overlap
SPYG and QQQM overlap 58.0% by weight, across 48 shared holdings.
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Top shared holdings
| Holding | SPYG | QQQM | Overlap |
|---|---|---|---|
| Nvidia Corp.NVDA | 13.65% | 8.13% | 8.13% |
| Apple Inc.AAPL | 5.99% | 7.26% | 5.99% |
| Microsoft Corp.MSFT | 7.80% | 5.30% | 5.30% |
| Micron TechMU | 3.67% | 4.78% | 3.67% |
| Alphabet Inc.-aGOOGL | 5.90% | 3.51% | 3.51% |
| Amazon.COM Inc.AMZN | 3.48% | 4.60% | 3.48% |
| Broadcom Inc.AVGO | 5.04% | 3.36% | 3.36% |
| Alphabet Inc.-CGOOG | 4.70% | 3.24% | 3.24% |
| META Platforms-aMETA | 3.48% | 2.96% | 2.96% |
| ADV Micro DeviceAMD | 2.67% | 3.68% | 2.67% |
| Tesla Inc.TSLA | 2.07% | 3.45% | 2.07% |
| Applied MaterialAMAT | 1.62% | 1.56% | 1.56% |
| LAM ResearchLRCX | 1.53% | 1.74% | 1.53% |
| KLA Corp.KLAC | 1.11% | 1.10% | 1.10% |
| Sandisk Corp.SNDK | 0.95% | 1.09% | 0.95% |
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: SPYG, SEC Form N-PORT, June 30, 2026; QQQM, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | SPYG | QQQM |
|---|---|---|
| LPL Financial LLC | $4.8B | $3.6B |
| Envestnet Asset Management Inc. | $1.1B | $2.3B |
| Morgan Stanley | $1.1B | $1.6B |
| Ameriprise Financial Inc. | $1.3B | $935.7M |
| Financial Engines Advisors L.L.C. | $1.9B | $4.4M |
| Goldman Sachs Group Inc. | $1.9B | $31.1M |
| Bank of America Corp. | $1.2B | $514.3M |
| Raymond James Financial Inc. | $515.2M | $1.0B |
| Northwestern Mutual Wealth Management Co | $273.1M | $1.2B |
| First Command Advisory Services, Inc. | $79.6M | $1.4B |
| Jones Financial Companies LLLP | $180.5M | $1.2B |
| Allworth Financial LP | $1.3B | $4.6M |
| Cetera Investment Advisers | $388.4M | $722.8M |
| Vantagepoint Investment Advisers LLC | $501.2M | $580.6M |
| Invesco Ltd. | $1.7M | $975.5M |
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: SPYG institutional holders, QQQM institutional holders.
Frequently asked questions
How much do SPYG and QQQM overlap?
58.0% by weight, with 48 holdings in common, using holdings for SPYG as of June 30, 2026 and QQQM as of May 31, 2026. The largest shared position is NVDA.
Do institutions hold both SPYG and QQQM?
704 Form 13F filers report positions in both, out of 2,061 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%.