FBL vs QQQ
GraniteShares 2x Long META Daily ETF vs Invesco QQQ Trust, Series 1
Which is better, FBL or QQQ?
Trading-Leveraged Equity against Large Cap Growth.
QQQ has a lower expense ratio. FBL led over 3Y and the full window, QQQ over 1Y.
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 | FBL | QQQ |
|---|---|---|
| Expense Ratio | 1.09% | 0.18%Best |
| AUM | $185M | $483.5B |
| Dividend Yield | 3.30% | 0.44% |
| Holdings | 2 | 107 |
| YTD Return | -1.77% | +20.41%Best |
| 1Y Return | -28.95% | +23.46%Best |
| 3Y Return (annualized) | +36.30%Best | +27.85% |
| 5Y Return (annualized) | - | +16.07% |
| Volatility (annualized) | 67.9% | 17.4%Best |
| Max Drawdown | -63.2% | -22.8%Best |
| $10,000 over 3.8 years | $89,224Best | $26,155 |
| Fund Family | GraniteShares | Invesco (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Growth |
| Inception | Dec 13, 2022 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Dec 13, 2022 to Sep 28, 2026 (3.8 years).
FBL 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 3.8 years both funds cover.
FBL vs QQQ Performance
GraniteShares 2x Long META Daily ETF (FBL) is an ETF from GraniteShares and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year FBL returned -28.95% while QQQ returned +23.46%. Year to date, FBL is down 1.77% versus a gain of 20.41% for QQQ.
Over three years, FBL compounded at +36.30% per year against +27.85% for QQQ. Across the full 4-year window we track, FBL has the edge at +77.88% annualized vs +28.79%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FBL has been the more volatile fund, with annualized monthly volatility of 67.9% compared with 17.4% for QQQ. 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 -63.2% for FBL and -22.8% 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 0.55. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FBL charges 1.09% per year while QQQ charges 0.18%. On a $10,000 position that is $109 vs $18 annually, a gap of $91 per year that compounds over a long holding period. On income, FBL currently yields 3.30% against 0.44% for QQQ.
You are not choosing between two funds in isolation.
Whichever of FBL and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FBL or QQQ?
FBL has an expense ratio of 1.09% while QQQ charges 0.18%. QQQ is the cheaper option, by $91 a year on a $10,000 investment.
Which performed better, FBL or QQQ?
Over the past year FBL returned -28.95% vs +23.46% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), FBL annualized +77.88% vs +28.79% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FBL or QQQ?
FBL has been the more volatile fund at 67.9% annualized versus 17.4% for QQQ. Worst drawdown: FBL -63.2% vs QQQ -22.8%.
Should I hold both FBL and QQQ?
FBL and QQQ have a monthly-return correlation of 0.55, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FBL or QQQ?
FBL yields 3.30% while QQQ yields 0.44%, so FBL currently pays the higher dividend yield.
Is QQQ better than FBL?
QQQ has a lower expense ratio. FBL led over 3Y and the full window, QQQ over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.