Mega-caps
A few companies carry a large share of both SPY and QQQ, so a big move in one of them shows up in the index. Weights are percent of each ETF; they haven't been filled in yet.
Mega-caps
A handful of names that move SPY and QQQ on their own.
- NVDA
NVIDIA
AI capex bellwether; its earnings move the whole semis complex.
SPY — · QQQ —2 posts - AAPL
Apple
Consumer and buyback flagship; tends to steady the index.
SPY — · QQQ —1 post - MSFT
Microsoft
Cloud and AI software; low-beta anchor for QQQ.
SPY — · QQQ —0 posts - AMZN
Amazon
Retail plus AWS; reads on both consumers and cloud.
SPY — · QQQ —1 post - GOOGL
Alphabet
Ads and cloud; search share is the recurring debate.
SPY — · QQQ —1 post - META
Meta Platforms
Ad cycle and AI spend; high beta for its size.
SPY — · QQQ —0 posts - AVGO
Broadcom
Custom AI chips and networking; second semis bellwether.
SPY — · QQQ —0 posts - TSLA
Tesla
Retail-flow and options-driven; large gamma effects on its own.
SPY — · QQQ —0 posts
Not financial advice. Educational analysis and opinion only, not a recommendation to trade.Full disclosures