QQQ vs SMH

Invesco QQQ Trust vs VanEck Semiconductor ETF. Holdings overlap, sector exposure, and key differences compared.

ETF A
QQQ
Invesco QQQ Trust
Holdings50
CategoryLarge Growth
ETF B
SMH
VanEck Semiconductor ETF
Holdings25
CategoryTechnology

Holdings overlap

26.7%
Weighted overlap
13
Shared holdings
37
Unique to QQQ
12
Unique to SMH

QQQ and SMH share 13 holdings, representing 26.7% weighted overlap. These funds are quite different. Combining them provides genuine diversification.

Shared holdings

Each band represents a holding. Shared holdings are connected by ribbons between QQQ and SMH. Band height reflects the holding's weight in the fund. Colour indicates sector.

Band height = weight in ETF · Color = sector · Ribbons = shared holdings
QQQSMHNVDA8.7%AVGO3.3%MU2.5%AMD2.1%LRCX1.7%AMAT1.7%INTC1.6%AAPL7.4%MSFT5.4%AMZN4.9%GOOGL3.6%META3.6%32 more unique35.5%NVDA18.5%AVGO8.0%MU4.7%AMD4.9%LRCX5.0%AMAT4.8%INTC5.4%KLAC5.0%TXN4.5%ADI4.6%QCOM3.6%ASML4.9%MRVL2.5%TSM11.4%SNPS2.3%CDNS2.2%7 more unique5.0%

Sector breakdown

Side-by-side sector exposure. Bars grow outward from the centre. Wider bars mean higher allocation.

QQQ - Invesco QQQ Trust
SMH - VanEck Semiconductor ETF
47.1%
Technology
100.0%
15.2%
Communication Services
10.9%
Consumer Cyclical
7.0%
Consumer Defensive
3.9%
Healthcare
1.3%
Basic Materials
1.2%
Industrials
0.5%
Utilities

Geographic exposure

QQQ

North AmericaEuropeUnited States83.3%United Kin…
North America84.1%Europe2.5%Latin America0.5%

SMH

North AmericaAsia-PacificEuropeUnited States81.0%Taiwan11.4%Netherlands6.0%
North America81.0%Europe7.6%Asia-Pacific11.4%

Top holdings compared

Top shared holdings

HoldingQQQ weightSMH weight
NVDANVIDIA Corporation8.66%18.45%
AVGOBroadcom Inc3.26%7.96%
MUMicron Technology Inc2.54%4.70%
INTCIntel Corporation1.65%5.40%
AMDAdvanced Micro Devices Inc2.06%4.85%
LRCXLam Research Corp1.73%4.97%
AMATApplied Materials Inc1.69%4.76%
KLACKLA Corporation1.21%4.95%
TXNTexas Instruments Incorporated1.04%4.54%
ASMLASML Holding NV ADR0.68%4.88%
ADIAnalog Devices Inc0.92%4.62%
QCOMQualcomm Incorporated0.73%3.61%
MRVLMarvell Technology Group Ltd0.56%2.54%

Unique to QQQ

AAPL7.41%
MSFT5.37%
AMZN4.86%
GOOGL3.59%
META3.59%

Unique to SMH

TSM11.41%
SNPS2.28%
CDNS2.19%
TER1.55%
MPWR1.34%

Key differences

Market capitalisation breakdown shows how each fund is distributed across company sizes.

Mega
51.2%
43.6%
Big
36.7%
46.1%
Medium
11.3%
9.4%
Small
-
0.2%
Micro
-
-
QQQSMH

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