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etf overlap tool · little overlap

QQQ vs IEFA overlap

0.1% of QQQ and IEFA is the same money, spread over 1 companies both funds hold.

Holdings as of October 16, 2026 · source: Invesco (QQQ), iShares (IEFA) · How we measured all 1,431 pairs

overlapfull holdings, by weight
0.1%of each fund is money the other holds at the same weight, across 1 shared company.
QQQ
100%
0.2% in IEFA
IEFA
100%
0.1% in QQQ
  • same money
  • same companies, extra weight
  • only in this fund
Overlap = the sum, over companies both funds hold, of the smaller of the two weights. Cash and derivatives excluded.
01Shared

The companies you would own twice

held by bothtop 1 of 1
companyQQQIEFA
NBNBISNebius Group NV0.17%0.13%
02Different

What only one of them gives you

only in QQQ100 names
only in IEFA2,617 names
ASASMLASML HOLDING2.56%
HSHSBAHSBC HOLDINGS PLC1.29%
SHSHELSHELL1.21%
NONOVNNOVARTIS AG1.10%
NENESNNESTLE SA1.02%
AZAZNASTRAZENECA PLC1.00%
838306MITSUBISHI UFJ FINANCIAL GROUP0.93%
03Sectors

Where each fund puts its money

sectorsQQQ vs IEFA, share of each fund
Information Technology57.22%10.46%
Financials0.21%23.74%
Industrials3.21%19.21%
Consumer Discretionary10.61%8.67%
Communication Services15.05%3.86%
Health Care4.41%9.72%
Consumer Staples6.17%6.69%
Materials1.00%6.64%
Utilities1.13%3.54%
Energy0.49%4.13%
Real Estate0.00%2.57%
Not classified0.37%0.00%
04Questions

QQQ and IEFA: what people ask

questions4 answered

How much do QQQ and IEFA overlap?

0.1% by weight, as of October 16, 2026: little overlap. 1 companies appear in both funds; they make up 0.2% of QQQ and 0.1% of IEFA.

Which stocks do QQQ and IEFA both hold?

The largest shared positions are NBIS. Ranked by the smaller of the two weights, which is the part you would own twice.

Is it redundant to hold both QQQ and IEFA?

Out of every $100 split evenly between them, about $0 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 100 names only in QQQ, 2,617 only in IEFA. Half in each behaves like 112 equally weighted stocks, against 31 for QQQ alone and 263 for IEFA alone. Whether that duplication is a problem depends on the mix you want; this is a description, not advice.

How is ETF overlap calculated here?

For every company held by both funds we take the smaller of its two weights and add them up. The weights come from the full holdings files Invesco and iShares publish, not a top-10 sample, and companies are matched by their ISIN so share classes stay apart. Sector overlap applies the same rule to the issuers' sector labels; "behaves like N equally weighted stocks" is one over the sum of the squared weights.

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Weights come from each issuer's published holdings file and are matched company by company on their ISIN. Cash, futures and currency positions are left out. This page describes what the funds hold; it is not investment advice.