FBCG vs QQQ
Fidelity Blue Chip Growth ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. FBCG offers more diversification with 189 holdings.
Side-by-Side Comparison
| Metric | FBCG | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.57% | 0.18% | |
| AUM | $6.9B | $496.3B | |
| Dividend Yield | 0.04% | 0.44% | |
| Holdings | 189 | 108 | |
| YTD Return | +14.87% | +19.52% | |
| 1Y Return | +22.19% | +26.68% | |
| 3Y Return (annualized) | +28.41% | +26.64% | |
| 5Y Return (annualized) | +13.81% | +15.36% | |
| Volatility (annualized) | 23.0% | 30.6% | |
| Max Drawdown | -43.6% | -83.0% | |
| Fund Family | Fidelity Investments (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jun 2, 2020 | Mar 10, 1999 |
FBCG vs QQQ Performance
Fidelity Blue Chip Growth ETF (FBCG) is a ETF from Fidelity Investments (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year FBCG returned +22.19% while QQQ returned +26.68%. Year to date, FBCG is up 14.87% versus a gain of 19.52% for QQQ.
Over three years, FBCG compounded at +28.41% per year against +26.64% for QQQ; over five years the annualized figures are +13.81% and +15.36% respectively. Across the full 6-year window we track, FBCG has the edge at +20.46% annualized vs +13.14%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 23.0% for FBCG. 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 -43.6% for FBCG and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FBCG charges 0.57% per year while QQQ charges 0.18%. On a $10,000 position that is $57 vs $18 annually, a gap of $39 per year that compounds over a long holding period. On income, FBCG currently yields 0.04% against 0.44% for QQQ.
Holdings Overlap
FBCG and QQQ share 49 holdings out of 295 unique holdings combined, representing a 48.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FBCG or QQQ?
FBCG has an expense ratio of 0.57% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $39 per year of difference.
Which performed better, FBCG or QQQ?
Over the past year FBCG returned +22.19% vs +26.68% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (6 years), FBCG annualized +20.46% vs +13.14% for QQQ. Past performance does not guarantee future results.
Which is riskier, FBCG or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 23.0% for FBCG. Worst drawdown: FBCG -43.6% vs QQQ -83.0%.
Should I hold both FBCG and QQQ?
FBCG and QQQ have a monthly-return correlation of 0.97, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between FBCG and QQQ?
FBCG and QQQ share 49 common holdings with a 48.6% weight overlap. Combined, they hold 295 unique securities.
Which pays a higher dividend, FBCG or QQQ?
FBCG yields 0.04% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.