Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
QQQ vs VLUE: how they differ
QQQ and VLUE hold 15% of their weight in the same names, and VLUE returned more over the year.
Invesco QQQ Trust and iShares MSCI USA Value Factor ETF.
What they hold in common
By the books each fund has filed, QQQ and VLUE hold 15% of their money in the same securities at the same weight.
| Holding | QQQ | VLUE |
|---|---|---|
| Micron Technology, Inc. | 4.80% | 11.63% |
| Intel Corp. | 2.52% | 9.29% |
| Cisco Systems, Inc. | 2.09% | 4.97% |
| Applied Materials, Inc. | 1.57% | 3.67% |
| QUALCOMM Inc. | 1.18% | 1.80% |
| Western Digital Corp. | 0.79% | 1.89% |
| Comcast Corp. | 0.39% | 1.50% |
| CSX Corp. | 0.37% | 0.64% |
| NXP Semiconductors N.V. | 0.36% | 1.00% |
| PACCAR Inc. | 0.26% | 0.91% |
| Diamondback Energy, Inc. | 0.24% | 0.46% |
| Strategy Inc. | 0.22% | 0.30% |
| Only in QQQ | Only in VLUE |
|---|---|
| NVIDIA Corp. 8.16% | GENERAL MOTORS COMPANY 3.16% |
| Apple Inc. 7.29% | VERIZON COMMUNICATIONS INC. 2.66% |
| Microsoft Corp. 5.32% | AT&T INC. 2.53% |
| Amazon.com, Inc. 4.62% | CITIGROUP INC. 1.94% |
| Advanced Micro Devices, Inc. 3.70% | BANK OF AMERICA CORPORATION 1.88% |
| Alphabet Inc. 3.52% | FEDEX CORPORATION 1.69% |
| Tesla, Inc. 3.46% | MERCK & CO., INC. 1.57% |
| Broadcom Inc. 3.37% | FORD MOTOR COMPANY 1.50% |
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.
| QQQ Invesco QQQ Trust | VLUE iShares MSCI USA Value Factor ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | iShares |
| What it is | Nasdaq-100, book from QQQM | MSCI USA Value Factor |
| Total return, 1 year | +23.0% | +69.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | +51.9 pts |
| Expense ratio | 0.18% | 0.15% |
| Already in the S&P 500 | 96.7% | 96.9% |
| Holdings | 101 | 148 |
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.
VLUE in plain words
VLUE is an index equity fund tracking the MSCI USA Value Factor. Over the year to Sep 11, 2026 it returned +69.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Apr 30, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 148 positions, with the top ten at 43.6%.
Questions people ask
- Which returned more over the last year, QQQ or VLUE?
- In the year to Sep 12, 2026, with distributions reinvested, QQQ returned +23.0% and VLUE returned +69.4%, so VLUE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, QQQ or VLUE?
- QQQ charges 0.18% a year and VLUE charges 0.15%, so VLUE is cheaper. Fees come from each fund's prospectus.
- How much do QQQ and VLUE overlap with the S&P 500?
- By their latest filed holdings, 97% of QQQ and 97% of VLUE by weight is stocks the S&P 500 already holds. Between the two funds, 15% 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 VLUE, data as of Sep 12, 2026. https://etfiq.com/compare/any/QQQ-VLUE Free to use with attribution; the underlying files are at Open data.
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