etf overlap tool · little overlap

SCHD vs QQQM overlap

5.0% of SCHD and QQQM is the same money, spread over 8 companies both funds hold.

Holdings as of October 13, 2026 · source: Schwab (SCHD), Invesco (QQQM) · How we measured all 1,431 pairs

overlapfull holdings, by weight

5.0%of each fund is money the other holds at the same weight, across 8 shared companies.

SCHD

76%

24% in QQQM

QQQM

95%

5.0% in SCHD

same money
same companies, extra weight
only in this fund

Hold SCHD and QQQM with other funds or stocks? The free portfolio optimizer opens SCHD and QQQM beside the rest of what you own: the companies you hold twice, what the funds cost a year, and where the next deposit should go. No account.

01Shared

The companies you would own twice

held by bothtop 8 of 8

companySCHDQQQM

TXNTEXAS INSTRUMENT INC4.71%1.10%

AMGNAMGEN INC3.89%1.02%

QCOMQUALCOMM4.34%0.79%

PEPPEPSICO3.78%0.78%

ADPAUTOMATIC DATA PROCESSING INC2.77%0.50%

CMCSACOMCAST CLASS A1.87%0.34%

FASTFASTENAL1.49%0.26%

PAYXPAYCHEX0.86%0.17%

02Different

What only one of them gives you

only in SCHD92 names

PGPROCTER & GAMBLE4.32%

CVXCHEVRON4.29%

COPCONOCOPHILLIPS4.27%

KOCOCA-COLA4.26%

UNHUNITEDHEALTH GROUP3.94%

MRKMERCK & CO INC3.90%

ABTABBOTT LABORATORIES3.87%

HDHOME DEPOT3.85%

only in QQQM94 names

NVDANVIDIA Corp8.15%

AAPLApple Inc7.92%

MSFTMicrosoft Corp6.21%

MUMicron Technology Inc4.33%

AMZNAmazon.com Inc4.26%

AMDAdvanced Micro Devices Inc3.77%

METAMeta Platforms Inc3.33%

GOOGLAlphabet Inc3.16%

03Sectors

Where each fund puts its money

sectorsSCHD vs QQQM, share of each fund

Information Technology12.35%57.23%

Consumer Staples20.12%6.17%

Health Care18.52%4.41%

Communication Services5.60%15.05%

Consumer Discretionary6.73%10.61%

Energy16.35%0.49%

Industrials11.33%3.21%

Financials8.88%0.21%

Utilities0.09%1.13%

Materials0.00%1.00%

Not classified0.04%0.49%

04Questions

SCHD and QQQM: what people ask

questions4 answered

How much do SCHD and QQQM overlap?

5.0% by weight, as of October 13, 2026: little overlap. 8 companies appear in both funds; they make up 24% of SCHD and 5.0% of QQQM.

Which stocks do SCHD and QQQM both hold?

The largest shared positions are TXN, AMGN, QCOM, PEP and ADP. Ranked by the smaller of the two weights, which is the part you would own twice.

Is it redundant to hold both SCHD and QQQM?

Out of every $100 split evenly between them, about $5 (half in each fund) buys identical positions. The rest is exposure only one of the two funds gives you: 92 names only in SCHD, 94 only in QQQM. Half in each behaves like 61 equally weighted stocks, against 34 for SCHD alone and 32 for QQQM 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 Schwab and Invesco 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.

Hold SCHD and QQQM?Import your positions and see what your funds hold together, company by company, with the fees you pay on each.Import my portfolio

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.