Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
QQQ vs SDY: how they differ
QQQ and SDY hold 7% of their weight in the same names, and QQQ returned more over the year.
Invesco QQQ Trust and State Street(R) SPDR(R) S&P(R) Dividend ETF.
What they hold in common
By the books each fund has filed, QQQ and SDY hold 7% of their money in the same securities at the same weight.
| Holding | QQQ | SDY |
|---|---|---|
| Texas Instruments Inc. | 1.22% | 1.56% |
| QUALCOMM Inc. | 1.18% | 1.57% |
| PepsiCo, Inc. | 0.87% | 1.33% |
| Analog Devices, Inc. | 0.89% | 0.61% |
| Automatic Data Processing, Inc. | 0.39% | 1.54% |
| CSX Corp. | 0.37% | 0.62% |
| Microsoft Corp. | 5.32% | 0.36% |
| Cintas Corp. | 0.30% | 0.43% |
| Walmart Inc. | 2.48% | 0.29% |
| Microchip Technology Inc. | 0.23% | 1.32% |
| Fastenal Co. | 0.22% | 0.91% |
| Xcel Energy Inc. | 0.22% | 1.26% |
| Only in QQQ | Only in SDY |
|---|---|
| NVIDIA Corp. 8.16% | Verizon Communications Inc 2.15% |
| Apple Inc. 7.29% | Realty Income Corp 2.14% |
| Micron Technology, Inc. 4.80% | Kenvue Inc 1.76% |
| Amazon.com, Inc. 4.62% | Kimberly-Clark Corp 1.75% |
| Advanced Micro Devices, Inc. 3.70% | AbbVie Inc 1.63% |
| Alphabet Inc. 3.52% | Target Corp 1.55% |
| Tesla, Inc. 3.46% | Edison International 1.45% |
| Broadcom Inc. 3.37% | Sysco Corp 1.41% |
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 Jun 30, 2026 and May 31, 2026.
| QQQ Invesco QQQ Trust | SDY State Street(R) SPDR(R) S&P(R) Dividend ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | State Street |
| What it is | Nasdaq-100, book from QQQM | SPDR S&P Dividend |
| Total return, 1 year | +23.0% | +11.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | −6.5 pts |
| Expense ratio | 0.18% | 0.35% |
| Already in the S&P 500 | 96.7% | 84.6% |
| Holdings | 101 | 155 |
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.
SDY in plain words
SDY is an index equity fund tracking the SPDR S&P Dividend. Over the year to Sep 11, 2026 it returned +11.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.35% a year. By its holdings filed for Jun 30, 2026, 85% of the fund by weight is stocks the S&P 500 also holds, across 155 positions, with the top ten at 17.1%. It sat 3.9% below its high of Aug 24, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, QQQ or SDY?
- In the year to Sep 12, 2026, with distributions reinvested, QQQ returned +23.0% and SDY returned +11.0%, so QQQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, QQQ or SDY?
- QQQ charges 0.18% a year and SDY charges 0.35%, so QQQ is cheaper. Fees come from each fund's prospectus.
- How much do QQQ and SDY overlap with the S&P 500?
- By their latest filed holdings, 97% of QQQ and 85% of SDY by weight is stocks the S&P 500 already holds. Between the two funds, 7% of their books are the same securities at the same weight.
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Where these figures came from
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Cite this page. ETFIQ, QQQ against SDY, data as of Sep 12, 2026. https://etfiq.com/compare/any/QQQ-SDY Free to use with attribution; the underlying files are at Open data.
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