QQQ vs VGT: Grades, Fees and Holdings Compared

Invesco QQQ Trust, Series 1

QQQANasdaq

Vanguard Information Technology ETF

VGTANYSE Arca

Overlap

53.5%by weight

Expense ratio

VGT −0.09pt a year

QQQ0.18%VGT0.09%

Avg volume · 30D

QQQ 8.7×the volume

QQQ36.9MVGT4.23M

10Y return · a year

VGT +3.8pt

QQQ+20.8%VGT+24.6%

QQQ vs VGT Performance

Oct 28, 2021 – Oct 28, 2026

+94.6%QQQ+136.3%VGT

Expense ratio: QQQ 0.18%; VGT 0.09%, better
Fund size: QQQ $477B; VGT $178B
1Y total return: QQQ +15.2%; VGT +24.7%, better
Yield (12M): QQQ 0.43%, better; VGT 0.38%
Holdings: QQQ 105; VGT 321
Avg volume (30D): QQQ 36.9M sh, better; VGT 4.23M sh
NAV per share: QQQ $712.04; VGT $122.79
52W range

ETF.net Grade

Pillar letters and Scores for QQQ, VGT, with each pillar’s weight
Pillar	QQQ	VGT
Cost30% weight	B64	A92
Mission25% weight	A100	A84
Risk15% weight	C49	B55
Tradability15% weight	A93	B57
Holdings10% weight	B61	C41
Durability5% weight	A81	A93

Where each fund ranks

How we build Categories ›

Different Categories. Their Grades do not compare head to head.

Nasdaq-100⁠

Category · 10 funds

See all 10 ›

QQQ ranks 2nd of 10 funds in the Nasdaq-100 Category.

Rank 1AQQQMInvesco NASDAQ 100 ETFScore 77
Rank 2AQQQInvesco QQQ Trust, Series 1Score 75
Rank 3AIQQiShares Nasdaq 100 ETFScore 71

Technology (Broad)⁠

Category · 23 funds

See all 23 ›

VGT ranks 3rd of 23 funds in the Technology (Broad) Category.

Rank 1AXLKState Street Technology Select Sector SPDR ETFScore 80
Rank 2AFTECFidelity MSCI Information Technology Index ETFScore 77
Rank 3AVGTVanguard Information Technology ETFScore 70
Rank 4BRSPTInvesco S&P 500 Equal Weight Technology ETFScore 68

Our read on each fund

ETF.net Research

QQQAInvesco QQQ Trust, Series 1

VGTAVanguard Information Technology ETF

In short

QQQ The 1999 original. QQQ tracks the Nasdaq-100, roughly 100 of the largest non-financial companies listed on the Nasdaq, and has become one of the most heavily traded funds on the market.

VGT Vanguard's technology sleeve, indexed since 2004: roughly 300 US tech stocks running from megacap giants down to small caps, for 0.09% a year. Broad coverage of the sector rather than just its household names.

Stated mandate

QQQ The trust is designed to match the pre-expense investment performance of the Nasdaq-100 Index.

VGT The fund seeks to track an index measuring the investment return of information technology stocks. It uses an indexing approach for large-, mid-, and small-capitalization U.S. technology companies and normally invests at least 80% of assets in target-index stocks.

Why people hold it

QQQ Launched in 1999, it is one of the longest-running ETFs in the US and one of the most actively traded, which usually means tight spreads and easy fills at size.
The mandate is simple: match the Nasdaq-100 before expenses. Tracking has stayed about as close to the index as this structure allows.
At 0.18%, the fee sits below the typical Nasdaq-100 tracker, and the fund is one of the largest ETFs in existence.
The index screens out financial companies, so you own Nasdaq-listed tech, consumer and healthcare heavyweights rather than a broad slice of the market.nasdaq.com

VGT Casts a wide net: about 300 US technology stocks across large, mid and small caps, not just the megacap names everyone already knows.vanguard.com
Charges 0.09% a year, roughly a quarter of what the typical technology sector ETF asks.
One of the largest and most actively traded sector funds around, and it has followed its index closely.
Running since 2004 and among the strongest implementations in its technology peer group. Pays quarterly.

Worth knowing

QQQ Invesco's own QQQM follows the same index for 0.15%. QQQ's edge is trading depth, not price.
About 100 market-cap-weighted names with no financials: the biggest few carry a lot of the index, and sector swings land harder than in a total-market fund.nasdaq.com
Income is a side effect here, not the point. Distributions are paid quarterly and the index leans toward growth companies.nasdaq.com

VGT Weighted by market value, so the biggest platform companies drive most of the return. The small caps are along for the ride.
One sector, one country: US technology only, which means bigger swings than a total market fund.
If the last basis point matters, XLK and FTEC list at 0.08%.

Full QQQ profile⁠

Full VGT profile⁠

QQQ vs VGT Holdings

Holdings as of Oct 28, 2026 for QQQ and Oct 27, 2026 for VGT

How QQQ and VGT differ

Overlap by weight

53.5%

Shared holdings make up 78.6% of VGT and 56.1% of QQQ.

Level by level

Holdings38 in both53.5%
Sector10 Sectors59.2%
Countryby domicile96.2%
Asset classEquity100%

Sector

Sector weights in QQQ and VGT, widest gap first
Sector	More in QQQMore in VGT	QQQ	VGT
Technology	VGT +40.6 points	58.7%	99.3%
Communication	QQQ +11.6 points	11.6%	0.0%
Consumer Discretionary	QQQ +10.4 points	10.5%	0.1%
Consumer Staples	QQQ +6.3 points	6.3%	0.0%
Industrials	QQQ +5.5 points	5.8%	0.3%
Health Care	QQQ +4.4 points	4.4%	0.0%
Utilities	QQQ +1.1 points	1.1%	0.0%
Materials	QQQ +1.0 points	1.0%	0.0%
Energy	QQQ +0.5 points	0.5%	0.0%
Financials	VGT +0.1 points	0.2%	0.3%

Country, concentration and asset class

Country by domicile

Country weights in QQQ and VGT, widest gap first
Country	More in QQQMore in VGT	QQQ	VGT
United States	VGT +2.9 points	94.8%	97.7%
United Kingdom	QQQ +1.6 points	1.6%	0.0%
Canada	QQQ +1.1 points	1.1%	0.0%
Netherlands	QQQ +1.0 points	1.3%	0.3%
Ireland	VGT +0.5 points	0.2%	0.7%
Other countries (4)	VGT +0.3 points	1.0%	1.3%

Concentration

Weight in the 10 largest Holdings

QQQ46.7%
VGT63.6%

Securities held

QQQ101
VGT319

Asset class

QQQ: Equity
VGT: Equity

Holdings

Only in QQQ63
In both38
Only in VGT281

Only in QQQ

63 securities, 43.8% of QQQ by weight

Amazon.com Inc4.25%
Tesla Inc3.33%
Alphabet Inc2.93%
Meta Platforms Inc2.87%
Space Exploration Technologies Corp2.74%
Alphabet Inc2.72%
Walmart Inc2.49%
Costco Wholesale Corp1.89%
Netflix Inc1.12%
Amgen Inc1.04%
Linde PLC1.01%
Shopify Inc0.86%
Gilead Sciences Inc0.85%
PepsiCo Inc0.78%
Intuitive Surgical Inc0.68%
T-Mobile US Inc0.68%
ASML Holding NV0.66%
Vertex Pharmaceuticals Inc0.57%
Starbucks Corp0.50%
Automatic Data Processing Inc0.50%
Booking Holdings Inc0.48%
Marriott International Inc/MD0.44%
ARM Holdings PLC0.42%
CSX Corp0.42%
Constellation Energy Corp0.39%
Monster Beverage Corp0.38%
Cintas Corp0.37%
MercadoLibre Inc0.37%
Moderna Inc0.36%
Regeneron Pharmaceuticals Inc0.35%
AppLovin Corp0.34%
Mondelez International Inc0.34%
Comcast Corp0.33%
Ross Stores Inc0.32%
O'Reilly Automotive Inc0.31%
American Electric Power Co Inc0.30%
Airbnb Inc0.30%
DoorDash Inc0.30%
Honeywell International Inc0.30%
Fastenal Co0.25%
Baker Hughes Co0.25%
Diamondback Energy Inc0.25%
PACCAR Inc0.23%
Honeywell Aerospace Inc0.23%
PDD Holdings Inc0.22%
Xcel Energy Inc0.21%
Coca-Cola Europacific Partners PLC0.21%
PayPal Holdings Inc0.21%
Keurig Dr Pepper Inc0.20%
Exelon Corp0.20%

Only in VGT

281 securities, 21.4% of VGT by weight

Oracle Corp0.86%
Arista Networks Inc0.85%
Amphenol Corp0.80%
International Business Machines Corp0.77%
Salesforce Inc0.72%
Dell Technologies Inc0.65%
ServiceNow Inc0.54%
Corning Inc0.49%
Snowflake Inc0.45%
Accenture PLC0.45%
Cloudflare Inc0.45%
Hewlett Packard Enterprise Co0.36%
Motorola Solutions Inc0.31%
Keysight Technologies Inc0.27%
TE Connectivity PLC0.27%
Ciena Corp0.21%
Twilio Inc0.21%
Coherent Corp0.21%
Everpure Inc0.20%
NetApp Inc0.19%
Okta Inc0.19%
Flex Ltd0.19%
SLBBH11420.18%
Credo Technology Group Holding Ltd0.15%
HP Inc0.15%
Atlassian Corp0.15%
Jabil Inc0.15%
ON Semiconductor Corp0.14%
Teledyne Technologies Inc0.14%
F5 Inc0.14%
Cognizant Technology Solutions Corp0.14%
Qnity Electronics Inc0.13%
MongoDB Inc0.13%
Super Micro Computer Inc0.13%
Entegris Inc0.13%
VeriSign Inc0.13%
Semtech Corp0.12%
Zoom Communications Inc0.11%
Rubrik Inc0.11%
Nutanix Inc0.11%
Zscaler Inc0.11%
TD SYNNEX Corp0.11%
Zebra Technologies Corp0.11%
Lattice Semiconductor Corp0.11%
MACOM Technology Solutions Holdings Inc0.11%
MKS Inc0.10%
Dynatrace Inc0.10%
CDW Corp/DE0.10%
First Solar Inc0.10%
Skyworks Solutions Inc0.10%

Weight gaps

All 38 Holdings in both funds, largest gap first.

Holding weights in QQQ and VGT, widest gap first
Holding	More in QQQMore in VGT	QQQ	VGT
NVIDIA CorpNVDA	VGT +9.42 points	8.17%	17.59%
Apple IncAAPL	VGT +8.04 points	7.88%	15.92%
Microsoft CorpMSFT	VGT +5.02 points	6.14%	11.16%
Broadcom IncAVGO	VGT +1.58 points	2.53%	4.11%
Palantir Technologies IncPLTR	QQQ +0.41 points	1.96%	1.55%
Cisco Systems IncCSCO	QQQ +0.28 points	1.88%	1.60%
Lam Research CorpLRCX	VGT +0.27 points	1.29%	1.56%
Advanced Micro Devices IncAMD	QQQ +0.25 points	3.93%	3.68%
Texas Instruments IncTXN	QQQ +0.23 points	1.21%	0.98%
Applied Materials IncAMAT	VGT +0.18 points	1.35%	1.53%
Palo Alto Networks IncPANW	QQQ +0.17 points	1.41%	1.24%
Crowdstrike Holdings IncCRWD	QQQ +0.16 points	1.18%	1.02%
Sandisk CorpSNDK	VGT +0.15 points	0.82%	0.97%
Seagate Technology Holdings PLCSTX	VGT +0.14 points	0.65%	0.79%
Analog Devices IncADI	QQQ +0.13 points	0.88%	0.75%
Intel CorpINTC	QQQ +0.12 points	2.11%	1.99%
Fortinet IncFTNT	QQQ +0.12 points	0.58%	0.46%
KLA CorpKLAC	VGT +0.12 points	0.86%	0.98%
CoreWeave IncCRWV	QQQ +0.12 points	0.12%	<0.01%
Intuit IncINTU	QQQ +0.09 points	0.39%	0.30%
QUALCOMM IncQCOM	QQQ +0.07 points	0.83%	0.76%
Synopsys IncSNPS	QQQ +0.06 points	0.39%	0.33%
Strategy IncMSTR	QQQ +0.06 points	0.22%	0.16%
Teradyne IncTER	VGT +0.05 points	0.22%	0.27%
Micron Technology IncMU	QQQ +0.04 points	4.50%	4.46%
Datadog IncDDOG	QQQ +0.04 points	0.40%	0.36%
Marvell Technology IncMRVL	QQQ +0.04 points	0.92%	0.88%
Adobe IncADBE	QQQ +0.03 points	0.42%	0.39%
Lumentum Holdings IncLITE	QQQ +0.03 points	0.33%	0.30%
Cadence Design Systems IncCDNS	QQQ +0.03 points	0.41%	0.38%
Western Digital CorpWDC	VGT +0.02 points	0.59%	0.61%
Autodesk IncADSK	QQQ +0.02 points	0.22%	0.20%
Roper Technologies IncROP	QQQ +0.02 points	0.18%	0.16%
NXP Semiconductors NVNXPI	QQQ +0.01 points	0.27%	0.26%
Monolithic Power Systems IncMPWR	VGT +0.01 points	0.26%	0.27%
Astera Labs IncALAB	VGT +0.02 points	0.21%	0.23%
Workday IncWDAY	VGT +0.01 points	0.17%	0.18%
Microchip Technology IncMCHP	Same weight	0.19%	0.19%

All 102 QQQ holdings⁠All 310 VGT holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

QQQ vs VGT Cost

Overpaying QQQ vs VGT

$1,851

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

QQQ 0.18%
$3,749
VGT 0.09%
$1,898

Amount$10,000

Years30 years

Cost over time

QQQ 0.18%
VGT 0.09%
Overpaying

Year by year

Year	QQQ	VGT	Overpaying
10	$328	$165	$163
20	$1,281	$646	$635
30	$3,749	$1,898	$1,851

Expense ratio

0.18%QQQ
0.09%VGT, cheaper

Different Categories, so each fee sits in its own Category’s range.

QQQ among 10 Nasdaq-100 funds

QQQ0.18%

0.10%0.58%

Middle half of Nasdaq-100 funds
Median 0.20%

QQQ 4th cheapest of 10 funds

VGT among 23 Technology (Broad) funds

VGT0.09%

0.08%1.00%

Middle half of Technology (Broad) funds
Median 0.45%

VGT 3rd cheapest of 23 funds

QQQ vs VGT Dividends

Last 12 months to Oct 28, 2026

Yield (12M): QQQ 0.43%, better; VGT 0.38%
Payout (12M): QQQ $3.09; VGT $0.47
Last payment: QQQ $0.75; VGT $0.15
Ex-dividend: QQQ Sep 21, 2026; VGT Sep 23, 2026
Paid on: QQQ Oct 8, 2026; VGT Sep 25, 2026
Frequency: QQQ Quarterly; VGT Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

QQQQuarterly · 40 paymentsAll QQQ payments⁠

VGTQuarterly · 39 paymentsAll VGT payments⁠

QQQ vs VGT Risk

Fall from peak · 5 years

Risk facts

VolatilityStd dev, 3 years: QQQ 17.3%, betterVGT 21.6%
Return per unit of riskSharpe ratio, 3 years: QQQ 1.27VGT 1.30, better
Worst fallMax drawdown, 5 years: QQQ −35.1%VGT −35.1%
Market sensitivityBeta, 5 years: QQQ 1.23VGT 1.35; Market = 1

QQQ and VGT in the news

All news⁠

Head-to-Head
QQQ vs. VGT: choose VGT for technology, QQQ for the Nasdaq-100
Oct 23, 2026QQQVGT
Head-to-Head
Vanguard Information Technology ETF holds NVIDIA, Apple and Microsoft at twice the weight of Invesco QQQ Trust, Series 1
Oct 10, 2026QQQVGT
Opening Bell
Alphabet posted a cash outflow, and Nasdaq futures are down 1%
3 hours agoQQQ
Closing Bell
Boeing plummets 10.7%, but Chip stocks lift S&P 500 on Broadcom deal
Oct 27, 2026QQQ
Top Movers
The biggest fund drop Tuesday was a WisdomTree payout, not a selloff
Oct 27, 2026QQQ
New ETFs
Liquid Strategies' new Nasdaq income ETF is selling S&P 500 puts
Oct 27, 2026QQQ

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