QQQ vs SPY

Growth concentration versus broad US large-cap exposure.

QQQ follows the Nasdaq-100, excluding financial companies; SPY follows the S&P 500. Their sector mix and concentration differ. Neither is universally better.

QQQ · View research SPY · View research

Compare the collected holdings

QQQ

Holdings date: 2026-10-09

NVDA · 8.25%
AAPL · 7.34%
GOOGL / GOOG · 5.95%
MSFT · 5.93%
MU · 4.79%
AMZN · 4.23%
AMD · 4.09%
META · 3.19%
TSLA · 3.00%
SPCX · 2.87%

SPY

Holdings date: 2026-10-08

NVDA · 8.34%
AAPL · 7.43%
MSFT · 5.80%
GOOGL / GOOG · 5.50%
AMZN · 3.73%
AVGO · 2.56%
META · 2.38%
MU · 1.75%
TSLA · 1.58%
AMD · 1.51%

Weights are collected snapshots with potentially different dates, not a same-day overlap calculation. Historical performance does not guarantee future returns. Study valuation, earnings and risk separately.

Public metrics comparison

Symbol	TTM PE ≈	From 52W high	Dividend yield	Fund fee	Market date	Earnings basis date
QQQ	34.19×	-1.52%	0.40%	0.20%	2026-10-09	2026-09-18
SPY	25.96×	-0.39%	0.98%	0.09%	2026-10-09	2026-09-18

Missing values are not invented. Holdings, earnings definitions and dates affect PE; this table does not establish which investment to buy. Stocks have no fund management fee but can incur trading costs.