VIG vs QQQM overlap
VIG and QQQM overlap 30.1% by weight, across 27 shared holdings.
Pick 2 to 4 ETFs.
These funds report on different dates (VIG: July 31, 2026, QQQM: May 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 | VIG | QQQM | Overlap |
|---|---|---|---|
| Apple Inc.AAPL | 4.45% | 7.26% | 4.45% |
| Microsoft Corp.MSFT | 4.34% | 5.30% | 4.34% |
| Broadcom Inc.AVGO | 4.63% | 3.36% | 3.36% |
| Walmart Inc.WMT | 2.11% | 2.47% | 2.11% |
| Cisco SystemsCSCO | 1.98% | 2.08% | 1.98% |
| Costco WholesaleCOST | 1.83% | 1.86% | 1.83% |
| LAM ResearchLRCX | 1.58% | 1.74% | 1.58% |
| Texas InstrumentTXN | 1.08% | 1.21% | 1.08% |
| KLA Corp.KLAC | 1.03% | 1.10% | 1.03% |
| Linde PLCLIN | 0.96% | 1.01% | 0.96% |
| Pepsico Inc.PEP | 0.82% | 0.86% | 0.82% |
| Amgen Inc.AMGN | 0.90% | 0.79% | 0.79% |
| Analog DevicesADI | 0.78% | 0.88% | 0.78% |
| Gilead SciencesGILD | 0.70% | 0.73% | 0.70% |
| Qualcomm Inc.QCOM | 0.67% | 1.17% | 0.67% |
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: VIG, SEC Form N-PORT, July 31, 2026; QQQM, SEC Form N-PORT, May 31, 2026.
Largest institutions holding both
| Firm | VIG | QQQM |
|---|---|---|
| Bank of America Corp. | $5.1B | $514.3M |
| LPL Financial LLC | $1.7B | $3.6B |
| Morgan Stanley | $3.1B | $1.6B |
| Envestnet Asset Management Inc. | $609.8M | $2.3B |
| Raymond James Financial Inc. | $1.5B | $1.0B |
| Wells Fargo & Company | $2.4B | $128.8M |
| Wealthfront Advisers LLC | $2.2B | $89.0M |
| Jones Financial Companies LLLP | $544.0M | $1.2B |
| UBS Group AG | $1.5B | $226.9M |
| Northwestern Mutual Wealth Management Co | $359.6M | $1.2B |
| Ameriprise Financial Inc. | $544.4M | $935.7M |
| HB Wealth Management, LLC | $1.4B | $799K |
| First Command Advisory Services, Inc. | $1.6M | $1.4B |
| Royal Bank of Canada | $989.0M | $285.2M |
| Cetera Investment Advisers | $304.1M | $722.8M |
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: VIG institutional holders, QQQM institutional holders.
Frequently asked questions
How much do VIG and QQQM overlap?
30.1% by weight, with 27 holdings in common, using holdings for VIG as of July 31, 2026 and QQQM as of May 31, 2026. The largest shared position is AAPL.
Do institutions hold both VIG and QQQM?
921 Form 13F filers report positions in both, out of 3,028 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%.