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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

DFUS vs QQQ: how they differ

DFUS and QQQ hold 50% of their weight in the same names, and QQQ returned more over the year.

Dimensional U.S. Equity Market ETF and Invesco QQQ Trust.

What they hold in common

By the books each fund has filed, DFUS and QQQ hold 50% of their money in the same securities at the same weight.

Positions DFUS and QQQ both hold, largest shared weight first
HoldingDFUSQQQ
NVIDIA CORPORATION6.97%8.16%
APPLE INC.5.86%7.29%
MICROSOFT CORPORATION4.52%5.32%
AMAZON.COM, INC.3.84%4.62%
ALPHABET INC.3.31%3.52%
BROADCOM INC.2.90%3.37%
ALPHABET INC.2.74%3.26%
META PLATFORMS, INC.2.01%2.97%
TESLA, INC.1.78%3.46%
MICRON TECHNOLOGY, INC.0.89%4.80%
WALMART INC.0.87%2.48%
ADVANCED MICRO DEVICES, INC.0.86%3.70%
Largest positions each one holds and the other does not
Only in DFUSOnly in QQQ
BERKSHIRE HATHAWAY INC. 1.30%Shopify Inc. 0.64%
JPMORGAN CHASE & CO. 1.26%ASML Holding N.V. 0.62%
ELI LILLY AND COMPANY 1.13%MercadoLibre, Inc. 0.38%
EXXON MOBIL CORPORATION 0.97%PDD Holdings Inc. 0.25%
JOHNSON & JOHNSON 0.83%Strategy Inc. 0.22%
VISA INC. 0.83%ARM Holdings PLC 0.22%
MASTERCARD INCORPORATED 0.63%Ferrovial N.V. 0.21%
CATERPILLAR INC. 0.63%Coca-Cola Europacific Partners PLC 0.18%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and May 31, 2026.

DFUS and QQQ on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
DFUS
Dimensional U.S. Equity Market ETF
QQQ
Invesco QQQ Trust
Where it sitsCore index fundCore index fund
IssuerDimensionalInvesco
What it isU.S. Equity MarketNasdaq-100, book from QQQM
Total return, 1 year+17.5%+23.0%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 5000.0 pts+5.5 pts
Expense ratio0.09%0.18%
Already in the S&P 50090.2%96.7%
Holdings2231101

DFUS in plain words

DFUS is an index equity fund tracking the U.S. Equity Market. Over the year to Sep 11, 2026 it returned +17.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings filed for Apr 30, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 2231 positions, with the top ten at 35.2%.

QQQ in plain words

QQQ is an index equity fund tracking the Nasdaq-100. Over the year to Sep 11, 2026 it returned +23.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for May 31, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 101 positions, with the top ten at 47.5%. It sat 4.1% below its high of Jun 2, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, DFUS or QQQ?
In the year to Sep 12, 2026, with distributions reinvested, DFUS returned +17.5% and QQQ returned +23.0%, so QQQ returned more. One year is one year; the longer windows are in the table.
Which is cheaper, DFUS or QQQ?
DFUS charges 0.09% a year and QQQ charges 0.18%, so DFUS is cheaper. Fees come from each fund's prospectus.
How much do DFUS and QQQ overlap with the S&P 500?
By their latest filed holdings, 90% of DFUS and 97% of QQQ by weight is stocks the S&P 500 already holds. Between the two funds, 50% of their books are the same securities at the same weight.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

DFUS against QQQ, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, DFUS against QQQ, data as of Sep 12, 2026. https://etfiq.com/compare/any/DFUS-QQQ Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources