FDFF vs QQQ
Fidelity Disruptive Finance ETF vs Invesco QQQ Trust, Series 1
Which is better, FDFF or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 49.4%.
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 | FDFF | QQQ |
|---|---|---|
| Expense Ratio | 0.50% | 0.18%Best |
| AUM | $44M | $486.1B |
| Dividend Yield | 0.98% | 0.44% |
| Holdings | 52 | 107 |
| YTD Return | +6.89% | +17.54%Best |
| 1Y Return | +3.43% | +25.59%Best |
| 3Y Return (annualized) | +13.93% | +24.63%Best |
| 5Y Return (annualized) | - | +14.18% |
| Volatility (annualized) | 19.4% | 17.2%Best |
| Max Drawdown | -23.1% | -22.8%Best |
| $10,000 over 3.2 years | $15,432 | $20,183Best |
| Top 10 Weight | 49.4% | 46.5%Best |
| Fund Family | Fidelity Investments (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Feb 13, 2023 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jun 12, 2023 to Sep 4, 2026 (3.2 years).
FDFF 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 3.2 years both funds cover.
FDFF vs QQQ Performance
Fidelity Disruptive Finance ETF (FDFF) is an ETF from Fidelity Investments (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year FDFF returned +3.43% while QQQ returned +25.59%. Year to date, FDFF is up 6.89% versus a gain of 17.54% for QQQ.
Over three years, FDFF compounded at +13.93% per year against +24.63% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FDFF has been the more volatile fund, with annualized monthly volatility of 19.4% compared with 17.2% 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 -23.1% for FDFF 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 0.54. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FDFF charges 0.50% per year while QQQ charges 0.18%. On a $10,000 position that is $50 vs $18 annually, a gap of $32 per year that compounds over a long holding period. On income, FDFF currently yields 0.98% against 0.44% for QQQ.
Holdings Overlap
1.3% of FDFF's money is in holdings QQQ also owns. 0.6% of QQQ's money is in holdings FDFF also owns.
FDFF and QQQ share little of their money.
2 positions in common, counted across the 47 positions we hold weights for in FDFF and 102 in QQQ, against full books of 52 and 107.
What only one of them owns
Our book lists 92 positions for QQQ that do not appear in our book for FDFF (96.3% of the fund), and 38 for FDFF that do not appear in QQQ (80.8%).
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.
You are not choosing between two funds in isolation.
Whichever of FDFF 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, FDFF or QQQ?
FDFF has an expense ratio of 0.50% while QQQ charges 0.18%. QQQ is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, FDFF or QQQ?
Over the past year FDFF returned +3.43% vs +25.59% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FDFF or QQQ?
FDFF has been the more volatile fund at 19.4% annualized versus 17.2% for QQQ. Worst drawdown: FDFF -23.1% vs QQQ -22.8%.
Should I hold both FDFF and QQQ?
FDFF and QQQ have a monthly-return correlation of 0.54, 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 FDFF and QQQ?
1.3% of FDFF's money is in holdings QQQ also owns. 0.6% of QQQ's is in holdings FDFF also owns. They hold 2 positions in common, counted across the 47 positions we hold weights for in FDFF and 102 in QQQ.
Which pays a higher dividend, FDFF or QQQ?
FDFF yields 0.98% while QQQ yields 0.44%, so FDFF currently pays the higher dividend yield.
Is QQQ better than FDFF?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 49.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.