ABFL vs QQQ
Abacus FCF Leaders ETF vs Invesco QQQ Trust, Series 1
Which is better, ABFL or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. ABFL is less concentrated, with 33.0% of the fund in its ten largest positions against 46.5%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ABFL | QQQ |
|---|---|---|
| Expense Ratio | 0.49% | 0.18%Best |
| AUM | $528M | $483.5B |
| Dividend Yield | 0.54% | 0.44% |
| Holdings | 60 | 107 |
| YTD Return | +12.44% | +17.95%Best |
| 1Y Return | +11.49% | +21.77%Best |
| 3Y Return (annualized) | +16.14% | +25.63%Best |
| 5Y Return (annualized) | +10.84% | +15.24%Best |
| Volatility (annualized) | 15.8%Best | 19.0% |
| Max Drawdown | -35.0%Best | -35.1% |
| $10,000 over 5 years | $16,729 | $20,324Best |
| Top 10 Weight | 33.0%Best | 46.5% |
| Fund Family | FCF Advisors | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Sep 27, 2016 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Sep 28, 2016 to Sep 18, 2026 (10 years).
ABFL vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 10 years both funds cover.
ABFL vs QQQ Performance
Abacus FCF Leaders ETF (ABFL) is an ETF from FCF Advisors and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year ABFL returned +11.49% while QQQ returned +21.77%. Year to date, ABFL is up 12.44% versus a gain of 17.95% for QQQ.
Over three years, ABFL compounded at +16.14% per year against +25.63% for QQQ; over five years the annualized figures are +10.84% and +15.24% respectively. Across the full 10-year window we track, QQQ has the edge at +20.23% annualized vs +13.88%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 19.0% compared with 15.8% for ABFL. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -35.0% for ABFL and -35.1% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ABFL charges 0.49% per year while QQQ charges 0.18%. On a $10,000 position that is $49 vs $18 annually, a gap of $31 per year that compounds over a long holding period. On income, ABFL currently yields 0.54% against 0.44% for QQQ.
Holdings Overlap
35.2% of ABFL's money is in holdings QQQ also owns. 29.1% of QQQ's money is in holdings ABFL also owns.
The two portfolios partly overlap.
15 positions in common, counted across the 56 positions we hold weights for in ABFL and 102 in QQQ, against full books of 60 and 107.
What only one of them owns
Our book lists 81 positions for QQQ that do not appear in our book for ABFL (68.5% of the fund), and 39 for ABFL that do not appear in QQQ (60.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ABFL | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 4.97% | 8.44% | 3.47% |
| AAPLApple, Inc | 5.23% | 7.27% | 2.04% |
| AVGOBroadcom Inc | 3.48% | 3.16% | 0.32% |
| LRCXLrcx Uw Equity | 2.61% | 1.69% | 0.92% |
| PANWPalo Alto Networks, Inc | 2.56% | 1.30% | 1.26% |
| KLACKla Corp | 2.32% | 1.11% | 1.21% |
| BKNGBooking Holdings, Inc. | 2.36% | 0.70% | 1.66% |
| SNDKSandisk Corp/De | 1.84% | 0.88% | 0.96% |
| ADPAutomatic Data Processing, Inc. | 1.99% | 0.47% | 1.52% |
| GILDGilead Sciences | 1.69% | 0.72% | 0.97% |
35.2% of ABFL is already inside QQQ.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ABFL or QQQ?
ABFL has an expense ratio of 0.49% while QQQ charges 0.18%. QQQ is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, ABFL or QQQ?
Over the past year ABFL returned +11.49% vs +21.77% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (10 years), ABFL annualized +13.88% vs +20.23% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ABFL or QQQ?
QQQ has been the more volatile fund at 19.0% annualized versus 15.8% for ABFL. Worst drawdown: ABFL -35.0% vs QQQ -35.1%.
Should I hold both ABFL and QQQ?
ABFL and QQQ have a monthly-return correlation of 0.86, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ABFL and QQQ?
35.2% of ABFL's money is in holdings QQQ also owns. 29.1% of QQQ's is in holdings ABFL also owns. They hold 15 positions in common, counted across the 56 positions we hold weights for in ABFL and 102 in QQQ.
Which pays a higher dividend, ABFL or QQQ?
ABFL yields 0.54% while QQQ yields 0.44%, so ABFL currently pays the higher dividend yield.
Is QQQ better than ABFL?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. ABFL is less concentrated, with 33.0% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.