Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
QQQ vs VWO: how they differ
QQQ and VWO hold 0% of their weight in the same names, and QQQ returned more over the year.
Invesco QQQ Trust and Vanguard Emerging Markets Stock Index Fund.
What they hold in common
By the books each fund has filed, QQQ and VWO hold 0% of their money in the same securities at the same weight.
| Only in QQQ | Only in VWO |
|---|---|
| NVIDIA Corp 8.52% | Taiwan Semiconductor Manufacturing Co Lt 14.73% |
| Apple Inc 7.72% | Tencent Holdings Ltd 3.28% |
| Microsoft Corp 5.89% | Alibaba Group Holding Ltd 2.57% |
| Micron Technology Inc 4.90% | Delta Electronics Inc 1.18% |
| Amazon.com Inc 4.36% | MediaTek Inc 1.07% |
| Advanced Micro Devices Inc 3.65% | Reliance Industries Ltd 0.90% |
| Alphabet Inc 3.12% | HDFC Bank Ltd 0.81% |
| Meta Platforms Inc 3.07% | Hon Hai Precision Industry Co Ltd 0.75% |
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 Sep 10, 2026.
| QQQ Invesco QQQ Trust | VWO Vanguard Emerging Markets Stock Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | Vanguard |
| What it is | Nasdaq-100 | Emerging markets |
| Total return, 1 year | +23.0% | +15.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | −1.9 pts |
| Expense ratio | 0.18% | 0.06% |
| Already in the S&P 500 | 96.7% | 0.0% |
| Holdings | 105 | 6355 |
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 Sep 10, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 105 positions, with the top ten at 47.0%. It sat 4.1% below its high of Jun 2, 2026 on Sep 11, 2026.
VWO in plain words
VWO is an index equity fund tracking the Emerging markets. Over the year to Sep 11, 2026 it returned +15.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.06% a year. By its holdings filed for Apr 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 6355 positions, with the top ten at 26.8%.
Questions people ask
- Which returned more over the last year, QQQ or VWO?
- In the year to Sep 13, 2026, with distributions reinvested, QQQ returned +23.0% and VWO returned +15.6%, so QQQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, QQQ or VWO?
- QQQ charges 0.18% a year and VWO charges 0.06%, so VWO is cheaper. Fees come from each fund's prospectus.
- How much do QQQ and VWO overlap with the S&P 500?
- By their latest filed holdings, 97% of QQQ and 0% of VWO by weight is stocks the S&P 500 already holds. Between the two funds, 0% 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 VWO, data as of Sep 13, 2026. https://etfiq.com/compare/any/qqq-vs-vwo Free to use with attribution; the underlying files are at Open data.
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