QQQM vs VT: Correlation & Overlap
Measured on weekly returns over the past three years, Invesco Nasdaq 100 ETF (QQQM) and Vanguard Total World Stock ETF (VT) carry a correlation of 0.90, a very strong link. Looking through to holdings, 31.9% of the two portfolios is the same by weight.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQM and VT?
On 3 years of weekly data the QQQM/VT correlation comes out at 0.90, very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.88 lands near the 3-year figure. The 5-year figure is 0.90, and annualized covariance runs at 243.2 %².
By 3-year correlation, VT places #15 of the 103 assets tracked against QQQM. Twelve-month performance is nearly a tie, at +26.4% for QQQM and +22.7% for VT. Stability stands out here, with the rolling one-year correlation confined to 0.80 through 0.95.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
QQQM vs VT: side by side
| QQQM (Invesco Nasdaq 100 ETF) | VT (Vanguard Total World Stock ETF) | |
|---|---|---|
| 1-year return | +26.4% | +22.7% |
| 5-year return | +96.1% | +67.7% |
| Volatility (ann.) | 19.5% | 13.9% |
| Beta vs S&P 500 | 1.28 | 0.92 |
| Max drawdown (3Y) | -22.7% | -16.5% |
| Dividend yield | 0.46% | 1.59% |
| Expense ratio | 0.15% | 0.06% |
| Assets under management | $97.1B | $97.9B |
| Sector / category | ETF · US Growth & Tech | ETF · Global |
QQQM is a Large Growth fund from Invesco: $97.1B under management, 105 holdings, a 0.15% expense ratio, a 0.46% trailing dividend yield. VT is a Global Large-Stock Blend fund from Vanguard: $97.9B under management, 5308 holdings, a 0.06% expense ratio, a 1.59% trailing dividend yield.
Portfolio overlap between QQQM and VT
The two portfolios partially overlap. Weighing the shared positions, 31.9% of the two funds is identical, spread across 101 common holdings. That shared book is a large part of why the returns line up.
| Common holding | Weight in QQQM | Weight in VT |
|---|---|---|
| NVDA | 8.15% | 4.20% |
| AAPL | 7.39% | 4.00% |
| MSFT | 5.93% | 3.09% |
| AMZN | 4.50% | 2.36% |
| GOOGL | 3.20% | 1.89% |
| AVGO | 2.71% | 1.62% |
| GOOG | 2.97% | 1.49% |
| META | 2.74% | 1.10% |
| MU | 4.69% | 0.83% |
| TSLA | 2.77% | 0.81% |
| AMD | 3.48% | 0.69% |
| ASML | 0.71% | 0.57% |
| WMT | 2.26% | 0.44% |
| CSCO | 1.96% | 0.41% |
| COST | 1.88% | 0.38% |
Largest positions held only by QQQM: ARM (0.47%), NQU6 (0.14%), AGPXX (0.12%), USD (0.00%). Only by VT: 2330 (1.61%), JPM (0.84%), LLY (0.82%), BRK.B (0.75%), 005930 (0.72%).
Overlap = sum of the smaller of the two weights across common holdings, from issuer disclosures as of 2026-08-26. Top 15 common positions shown.
Year-by-year returns
| Year | QQQM | VT |
|---|---|---|
| 2022 | -32.5% | -18.0% |
| 2023 | +55.0% | +22.0% |
| 2024 | +25.7% | +16.5% |
| 2025 | +20.9% | +22.4% |
| 2026 | +17.7% | +15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QQQM and VT good diversifiers for each other?
No: a correlation of 0.90 means QQQM and VT tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between QQQM and VT?
Using weekly returns as of 2026-08-27: 0.90 over 3 years, with 0.88 over the last year and 0.90 over 5 years.
Is VT a good diversifier for QQQM?
No: a correlation of 0.90 means QQQM and VT tend to fall together, which is precisely when diversification is supposed to help.
How much do QQQM and VT overlap?
The two funds share 101 holdings amounting to 31.9% of weight, per issuer portfolio files dated 2026-08-26.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/qqqm-vs-vt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/qqqm-vs-vt/)
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Related comparisons
Hubs: QQQM correlations · VT correlations
