Compare ETFs
Fees, size, distributions, currency exposure and holdings overlap for two to four funds, side by side.
Side by side
| Measure | FMKTThe Free Markets ETF | QQQInvesco QQQ Trust, Series 1 |
|---|---|---|
| Market | USNYSE Arca | USNasdaq |
| Issuer | Not identified | Invesco |
| Asset class | Equity · US | Equity · US |
| Expense ratio | 0.76%Expense ratio, filed 3 Jun 2025 | 0.18%Expense ratio, filed 19 Dec 2025 |
| Net assets | $15.0MAs of 31 May 2026 | $490.1BAs of 30 Jun 2026 |
| Holdings | 51As of 31 May 2026 | 105As of 30 Jun 2026 |
| 12-month distribution yield | 2.19% | 0.43% |
| Distributions | Irregular$0.4640 in 12 months | Quarterly$3.0910 in 12 months |
| Last price | $21.1520 Oct 2026, 13:49 UTC | $717.6320 Oct 2026, 20:00 UTC |
Holdings overlap
Weighted overlap is the sum, over the securities both funds hold, of the smaller of the two weights. 0% means no shared holdings; 100% means identical portfolios.
| Fund | FMKT | QQQ |
|---|---|---|
| FMKT | Same fund | 9.5% |
| QQQ | 9.5% | Same fund |
FMKT and QQQ
- Weighted overlap
- 9.5%
- Holdings in common
- 8
- FMKT holdings also in QQQ
- 16.0% by count
- QQQ holdings also in FMKT
- 7.8% by count
| Holding | Weight in FMKT | Weight in QQQ | Overlap | Matched by |
|---|---|---|---|---|
| Microsoft Corp US5949181045 | 2.65% | 4.35% | 2.65% | ISIN |
| Cisco Systems Inc US17275R1023 | 2.73% | 2.01% | 2.01% | ISIN |
| Intel Corp US4581401001 | 1.68% | 3.04% | 1.68% | ISIN |
| Palo Alto Networks Inc US6974351057 | 3.32% | 1.21% | 1.21% | ISIN |
| Palantir Technologies Inc US69608A1088 | 2.68% | 1.16% | 1.16% | ISIN |
| American Electric Power Co Inc US0255371017 | 2.15% | 0.32% | 0.32% | ISIN |
| Baker Hughes Co US05722G1004 | 0.98% | 0.24% | 0.24% | ISIN |
| Exelon Corp US30161N1019 | 0.66% | 0.21% | 0.21% | ISIN |
How overlap is measured
Each fund's latest public Form N-PORT report lists its positions with the percent of net assets each one makes up. For every security both funds hold, the smaller of its two weights is counted, and those are added up. If fund A holds a stock at 6% and fund B at 4%, that stock adds 4 percentage points.
Securities are matched by ISIN first, then by CUSIP (a US or Canadian ISIN contains the CUSIP), and only as a last resort by issuer name, for non-debt holdings where one fund gives no identifier. Repeated lines of the same security in one fund are added together, and each security is matched once.
Cash funds, repurchase agreements, derivative contracts and short positions are left out because their reported value is not comparable exposure. For funds with more than 2,000 positions only the largest 2,000 are stored, so the result is a lower bound and the possible extra is shown. Reports can be for different month ends, and funds trade between reports.
The count-based shares show how many of one fund's holdings the other also holds, which can be high even when overlap by weight is low. Read more in where the ETF data comes from.
Currency exposure
| Currency | FMKT | QQQ |
|---|---|---|
| US dollar (USD) | 100.0% | 100.3% |