USPX vs QQEW overlap
USPX and QQEW overlap 22.0% by weight, across 50 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | USPX | QQEW | Overlap |
|---|---|---|---|
| Micron TechMU | 2.02% | 2.33% | 2.02% |
| Nvidia Corp.NVDA | 7.29% | 1.86% | 1.86% |
| Apple Inc.AAPL | 6.59% | 1.82% | 1.82% |
| META Platforms-aMETA | 1.92% | 1.75% | 1.75% |
| Broadcom Inc.AVGO | 2.73% | 1.66% | 1.66% |
| Microsoft Corp.MSFT | 4.31% | 1.63% | 1.63% |
| ADV Micro DeviceAMD | 1.48% | 2.21% | 1.48% |
| Alphabet Inc.-aGOOGL | 3.25% | 0.92% | 0.92% |
| Alphabet Inc.-CGOOG | 2.59% | 0.92% | 0.92% |
| LAM ResearchLRCX | 0.85% | 2.67% | 0.85% |
| KLA Corp.KLAC | 0.61% | 3.08% | 0.61% |
| Netflix Inc.NFLX | 0.47% | 1.63% | 0.47% |
| PALO ALTO NetworPANW | 0.43% | 2.38% | 0.43% |
| Palantir Techn-aPLTR | 0.40% | 1.46% | 0.40% |
| Western DigitalWDC | 0.34% | 2.36% | 0.34% |
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: USPX, SEC Form N-PORT, June 30, 2026; QQEW, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | USPX | QQEW |
|---|---|---|
| Wells Fargo & Company | $40 | $128.1M |
| LPL Financial LLC | $12.0M | $101.2M |
| Bank of New York Mellon Corp | $93.7M | $924K |
| JPMorgan Chase & Co | $32.9M | $8.4M |
| Sequent Planning LLC | $26.8M | $322K |
| Osaic Holdings, Inc. | $3.5M | $19.7M |
| Envestnet Asset Management Inc. | $511K | $13.2M |
| Goldman Sachs Group Inc. | $3.3M | $9.2M |
| Ameriprise Financial Inc. | $11.3M | $735K |
| Cetera Investment Advisers | $1.1M | $10.9M |
| Atria Investments, Inc | $8.5M | $776K |
| Susquehanna International Group, LLP | $583K | $6.5M |
| Private Advisor Group, LLC | $512K | $2.9M |
| O'SHAughnessy Asset Management, LLC | $26K | $2.7M |
| Citigroup Inc. | $191K | $2.2M |
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: USPX institutional holders, QQEW institutional holders.
Frequently asked questions
How much do USPX and QQEW overlap?
22.0% by weight, with 50 holdings in common, using holdings for USPX as of June 30, 2026 and QQEW as of June 30, 2026. The largest shared position is MU.
Do institutions hold both USPX and QQEW?
24 Form 13F filers report positions in both, out of 275 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%.