FCLO vs QQQ
Fidelity CLO ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
FCLO has a lower expense ratio. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | FCLO | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.00% | 0.18% | |
| AUM | $31M | $496.3B | |
| Dividend Yield | 3.09% | 0.44% | |
| Holdings | 20 | 108 | |
| YTD Return | +2.87% | +19.52% | |
| 1Y Return | - | +26.68% | |
| 3Y Return (annualized) | - | +26.64% | |
| 5Y Return (annualized) | - | +15.36% | |
| Volatility (annualized) | - | 30.6% | |
| Max Drawdown | -0.6% | -83.0% | |
| Fund Family | Fidelity Investments (US) | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Feb 12, 2026 | Mar 10, 1999 |
FCLO vs QQQ Performance
Fidelity CLO ETF (FCLO) is a ETF from Fidelity Investments (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Year to date, FCLO is up 2.87% versus a gain of 19.52% for QQQ.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -0.6% for FCLO and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
FCLO charges 0.00% per year while QQQ charges 0.18%. On a $10,000 position that is $0 vs $18 annually, a gap of $18 per year that compounds over a long holding period. On income, FCLO currently yields 3.09% against 0.44% for QQQ.
Holdings Overlap
FCLO and QQQ share 0 holdings out of 104 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FCLO or QQQ?
FCLO has an expense ratio of 0.00% while QQQ charges 0.18%. FCLO is the cheaper option. On a $10,000 investment, that is $18 per year of difference.
What is the holdings overlap between FCLO and QQQ?
FCLO and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 104 unique securities.
Which pays a higher dividend, FCLO or QQQ?
FCLO yields 3.09% while QQQ yields 0.44%, so FCLO 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.