Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
QQQ vs SPYG: how they differ
QQQ and SPYG hold 58% of their weight in the same names, and QQQ returned more over the year.
Invesco QQQ Trust and State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF.
What they hold in common
By the books each fund has filed, QQQ and SPYG hold 58% of their money in the same securities at the same weight.
| Holding | QQQ | SPYG |
|---|---|---|
| NVIDIA Corp. | 8.16% | 13.66% |
| Apple Inc. | 7.29% | 5.99% |
| Microsoft Corp. | 5.32% | 7.81% |
| Micron Technology, Inc. | 4.80% | 3.67% |
| Alphabet Inc. | 3.52% | 5.91% |
| Amazon.com, Inc. | 4.62% | 3.48% |
| Broadcom Inc. | 3.37% | 5.04% |
| Alphabet Inc. | 3.26% | 4.71% |
| Meta Platforms, Inc. | 2.97% | 3.49% |
| Advanced Micro Devices, Inc. | 3.70% | 2.67% |
| Tesla, Inc. | 3.46% | 2.07% |
| Applied Materials, Inc. | 1.57% | 1.62% |
| Only in QQQ | Only in SPYG |
|---|---|
| Intel Corp. 2.52% | Eli Lilly & Co 2.67% |
| Walmart Inc. 2.48% | Berkshire Hathaway Inc 2.58% |
| Costco Wholesale Corp. 1.86% | JPMorgan Chase & Co 1.68% |
| Texas Instruments Inc. 1.22% | Caterpillar Inc 1.38% |
| QUALCOMM Inc. 1.18% | Johnson & Johnson 1.02% |
| Linde PLC 1.01% | GE Vernova Inc 0.89% |
| T-Mobile US, Inc. 0.91% | Visa Inc 0.88% |
| Analog Devices, Inc. 0.89% | Mastercard Inc 0.78% |
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 | SPYG State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | State Street |
| What it is | Nasdaq-100, book from QQQM | SPDR Portfolio S&P 500 Growth |
| Total return, 1 year | +23.0% | +17.9% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | +0.4 pts |
| Expense ratio | 0.18% | 0.04% |
| Already in the S&P 500 | 96.7% | 100.0% |
| Holdings | 101 | 147 |
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.
SPYG in plain words
SPYG is an index equity fund tracking the SPDR Portfolio S&P 500 Growth. Over the year to Sep 11, 2026 it returned +17.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 147 positions, with the top ten at 56.4%.
Questions people ask
- Which returned more over the last year, QQQ or SPYG?
- In the year to Sep 12, 2026, with distributions reinvested, QQQ returned +23.0% and SPYG returned +17.9%, so QQQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, QQQ or SPYG?
- QQQ charges 0.18% a year and SPYG charges 0.04%, so SPYG is cheaper. Fees come from each fund's prospectus.
- How much do QQQ and SPYG overlap with the S&P 500?
- By their latest filed holdings, 97% of QQQ and 100% of SPYG by weight is stocks the S&P 500 already holds. Between the two funds, 58% 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.
Cite this page. ETFIQ, QQQ against SPYG, data as of Sep 12, 2026. https://etfiq.com/compare/any/QQQ-SPYG Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources