QQQM vs XLK: holdings overlap, shared companies and scores

As of September 11, 2026, QQQM and XLK overlap 55.5% by weight. Invesco NASDAQ 100 ETF (QQQM): NASDAQ 100 large-cap stocks. State Street Technology Select Sector SPDR ETF (XLK): U.S. technology sector.

Updated September 11, 2026

How much do QQQM and XLK overlap?

As of September 11, 2026, QQQM and XLK overlap 55.5% by weight.

56% of QQQM is already inside XLK.

84% of XLK is already inside QQQM.

QQQM holds 102 companies and XLK holds 72; 35 are in both.

Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.

How does ETF Copilot score QQQM and XLK?

As of September 11, 2026, ETF Copilot scores QQQM 6.6 out of 10 and XLK 6.6 out of 10.

They differ most on Risk: QQQM 5.4 and XLK 2.0.

The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.

QQQM vs XLK — ETF Copilot factor scores, 0–10
Factor	QQQM	XLK
Growth	6.2	8.4
Valuation	2.9	1.3
Risk	5.4	2.0
Quality	9.2	9.6
Return	8.4	9.5

XLK is the cheaper of the two at 0.08% a year

As of September 11, 2026, QQQM charges 0.15% a year, yields 0.64% and holds $104.9B in assets across 102 positions.

As of September 11, 2026, XLK charges 0.08% a year, yields 0.60% and holds $122.5B in assets across 72 positions.

QQQM vs XLK — cost, income and size
Measure	QQQM	XLK
Expense ratio	0.15%	0.08%
Dividend yield	0.64%	0.60%
Assets under management	$104.9B	$122.5B
Holdings	102	72

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Where QQQM and XLK trade against their own history

QQQM trades at 30.8 times earnings, against its own median of 26.0, and is more expensive than 89% of its own 72 monthly readings since 2020.

XLK trades at 35.5 times earnings, against its own median of 28.2, and is more expensive than 86% of its own 114 monthly readings since 2017.

What moved XLK this week

XLK rose 0.9% in the week to September 11, 2026. The holdings that moved it most were Advanced Micro Devices (+13.1%), Intel (+12.3%) and Marvell Technology (+13.1%); Nvidia (−4.4%) pushed the other way.

What do QQQM and XLK each hold?

What's inside QQQM: Tech 68%, Magnificent 7 39%.

47% of QQQM is its ten largest holdings.

What's inside XLK: Tech 100%, Semiconductors 44%.

61% of XLK is its ten largest holdings.

Compare with similar funds

Cite this

ETF Copilot, “QQQM vs XLK holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/qqqm-vs-xlk