FCTE vs QQQ
SMI 3Fourteen Full-Cycle Trend ETF vs Invesco QQQ Trust, Series 1
Which is better, FCTE or QQQ?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 51.6%.
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 | FCTE | QQQ |
|---|---|---|
| Expense Ratio | 0.85% | 0.18%Best |
| AUM | $240M | $486.1B |
| Dividend Yield | 0.08% | 0.44% |
| Holdings | 21 | 107 |
| YTD Return | +13.74% | +17.33%Best |
| 1Y Return | +10.42% | +26.50%Best |
| 3Y Return (annualized) | - | +24.58% |
| 5Y Return (annualized) | - | +14.15% |
| Volatility (annualized) | 15.1%Best | 17.8% |
| Max Drawdown | -19.7%Best | -22.8% |
| $10,000 over 2.2 years | $11,681 | $14,970Best |
| Top 10 Weight | 51.6% | 46.5%Best |
| Fund Family | 3FourteenSMI | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jul 2, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 2, 2024 to Sep 3, 2026 (2.2 years).
FCTE 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 2.2 years both funds cover.
FCTE vs QQQ Performance
SMI 3Fourteen Full-Cycle Trend ETF (FCTE) is an ETF from 3FourteenSMI and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year FCTE returned +10.42% while QQQ returned +26.50%. Year to date, FCTE is up 13.74% versus a gain of 17.33% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.8% compared with 15.1% for FCTE. 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 -19.7% for FCTE 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 0.47. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FCTE charges 0.85% per year while QQQ charges 0.18%. On a $10,000 position that is $85 vs $18 annually, a gap of $67 per year that compounds over a long holding period. On income, FCTE currently yields 0.08% against 0.44% for QQQ.
Holdings Overlap
34.9% of FCTE's money is in holdings QQQ also owns. 13.7% of QQQ's money is in holdings FCTE also owns.
The two portfolios partly overlap.
7 positions in common, counted across the 20 positions we hold weights for in FCTE and 102 in QQQ, against full books of 21 and 107.
What only one of them owns
Measured across the 20 and 102 positions we hold weights for.
QQQ holds 89 positions FCTE does not, 83.8% of the fund.
Largest: NVDA 8.44%, AAPL 7.27%, AMZN 4.67%, MU 4.43%, AMD 3.45%
Top Shared Holdings
| Stock | Weight in FCTE | Weight in QQQ | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 4.96% | 5.76% | 0.80% |
| METAMeta Platform Inc | 4.89% | 2.78% | 2.11% |
| LRCXLrcx Uw Equity | 5.62% | 1.69% | 3.93% |
| AMATApplied Materials, Inc. | 5.03% | 1.86% | 3.17% |
| TXNTexas Instrument Inc | 4.88% | 1.12% | 3.76% |
| MPWRMonolithic Power Systems Inc | 4.74% | 0.29% | 4.45% |
| ODFLOld Dominion Freig | 4.78% | 0.20% | 4.58% |
34.9% of FCTE 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, FCTE or QQQ?
FCTE has an expense ratio of 0.85% while QQQ charges 0.18%. QQQ is the cheaper option, by $67 a year on a $10,000 investment.
Which performed better, FCTE or QQQ?
Over the past year FCTE returned +10.42% vs +26.50% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), FCTE annualized +7.32% vs +20.13% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FCTE or QQQ?
QQQ has been the more volatile fund at 17.8% annualized versus 15.1% for FCTE. Worst drawdown: FCTE -19.7% vs QQQ -22.8%.
Should I hold both FCTE and QQQ?
FCTE and QQQ have a monthly-return correlation of 0.47, 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 FCTE and QQQ?
34.9% of FCTE's money is in holdings QQQ also owns. 13.7% of QQQ's is in holdings FCTE also owns. They hold 7 positions in common, counted across the 20 positions we hold weights for in FCTE and 102 in QQQ.
Which pays a higher dividend, FCTE or QQQ?
FCTE yields 0.08% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Is QQQ better than FCTE?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 51.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.