Data as of Sep 4, 2026. Both funds on the fields they both publish, from the same sources.
QQQ vs XT
Invesco QQQ Trust and iShares Future Exponential Technologies ETF.
What they hold in common
By the books each fund has filed, QQQ and XT hold 33% of their money in the same securities at the same weight.
| Holding | QQQ | XT |
|---|---|---|
| NVIDIA Corp. | 8.16% | 4.02% |
| Microsoft Corp. | 5.32% | 3.62% |
| Tesla, Inc. | 3.46% | 3.52% |
| Amazon.com, Inc. | 4.62% | 3.18% |
| Alphabet Inc. | 3.52% | 2.84% |
| Broadcom Inc. | 3.37% | 2.23% |
| Meta Platforms, Inc. | 2.97% | 1.67% |
| Texas Instruments Inc. | 1.22% | 5.05% |
| Cisco Systems, Inc. | 2.09% | 1.16% |
| Palo Alto Networks, Inc. | 1.01% | 1.29% |
| Analog Devices, Inc. | 0.89% | 4.00% |
| CrowdStrike Holdings, Inc. | 0.81% | 0.93% |
| Only in QQQ | Only in XT |
|---|---|
| Apple Inc. 7.29% | ELI LILLY AND COMPANY 3.41% |
| Alphabet Inc. 3.26% | JOHNSON & JOHNSON 2.67% |
| Intel Corp. 2.52% | Taiwan Semiconductor Manufacturing Compa 2.36% |
| Walmart Inc. 2.48% | Infineon Technologies AG 1.87% |
| Costco Wholesale Corp. 1.86% | ABBVIE INC. 1.79% |
| Lam Research Corp. 1.75% | Iberdrola, S.A. 1.53% |
| Netflix, Inc. 1.59% | ASTRAZENECA PLC 1.50% |
| Applied Materials, Inc. 1.57% | Roche Holding AG 1.48% |
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 as filed for Apr 30, 2026 and May 31, 2026.
| QQQ Invesco QQQ Trust | XT iShares Future Exponential Technologies ETF | |
|---|---|---|
| Where it sits | Core fund | Themes desk |
| Issuer | Invesco | iShares |
| What it is | Nasdaq-100, book from QQQM | Broad innovation and megatrends |
| Total return, 1 year | +25.6% | +31.3% |
| S&P 500 over the same days | +20.0% | +20.0% |
| Gap to the S&P 500 | +5.6 pts | +11.3 pts |
| Expense ratio | 0.18% | 0.46% |
| Already in the S&P 500 | 96.7% | 65.9% |
| Holdings | 101 | 218 |
QQQ in plain words
QQQ is a index equity fund tracking Nasdaq-100, book from QQQM. Over the year to Sep 4, 2026 it returned +25.6% with distributions reinvested, against +20.0% for the S&P 500 and +25.6% 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 3.5% below its high of Jun 2, 2026 on Sep 4, 2026.
XT in plain words
By weight, 66% of XT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 67%. The top ten holdings are 35% of the fund across 218 positions, as filed for Apr 30, 2026. Over the year to Sep 4, 2026 the fund returned +31.3% with distributions reinvested against +20.0% for the S&P 500, so a holder was ahead by 11.3 pts.
Questions people ask
- Which returned more over the last year, QQQ or XT?
- In the year to Sep 4, 2026, with distributions reinvested, QQQ returned +25.6% and XT returned +31.3%, so XT returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, QQQ or XT?
- QQQ charges 0.18% a year and XT charges 0.46%, so QQQ is cheaper. Fees come from each fund's prospectus.
- How much do QQQ and XT overlap with the S&P 500?
- By their latest filed holdings, 97% of QQQ and 66% of XT by weight is stocks the S&P 500 already holds. Between the two funds, 33% of their books are the same securities at the same weight.
- Are QQQ and XT the same kind of fund?
- No. QQQ is an index ETF and XT is a thematic ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
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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 XT, data as of Sep 4, 2026. https://etfiq.com/compare/any/QQQ-XT.html Free to use with attribution; the underlying files are at Open data.
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