FDIF vs QQQ
Fidelity Disruptors ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | FDIF | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.18% | |
| AUM | $110M | $455.8B | |
| Dividend Yield | 0.26% | 0.41% | |
| Holdings | 10 | 108 | |
| YTD Return | +15.81% | +18.31% | |
| 1Y Return | +21.26% | +25.37% | |
| 3Y Return (annualized) | +20.05% | +25.79% | |
| 5Y Return (annualized) | - | +15.20% | |
| Volatility (annualized) | 17.1% | 30.6% | |
| Max Drawdown | -22.6% | -83.0% | |
| Fund Family | Fidelity Investments (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Feb 13, 2023 | Mar 10, 1999 |
FDIF vs QQQ Performance
Fidelity Disruptors ETF (FDIF) is a ETF from Fidelity Investments (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year FDIF returned +21.26% while QQQ returned +25.37%. Year to date, FDIF is up 15.81% versus a gain of 18.31% for QQQ.
Over three years, FDIF compounded at +20.05% per year against +25.79% for QQQ. Across the full 3-year window we track, FDIF has the edge at +18.04% annualized vs +13.10%. 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 17.1% for FDIF. 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 -22.6% for FDIF 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FDIF 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, FDIF currently yields 0.26% against 0.41% for QQQ.
Holdings Overlap
FDIF and QQQ share 0 holdings out of 109 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, FDIF or QQQ?
FDIF has an expense ratio of 0.50% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, FDIF or QQQ?
Over the past year FDIF returned +21.26% vs +25.37% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), FDIF annualized +18.04% vs +13.10% for QQQ. Past performance does not guarantee future results.
Which is riskier, FDIF or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 17.1% for FDIF. Worst drawdown: FDIF -22.6% vs QQQ -83.0%.
Should I hold both FDIF and QQQ?
FDIF and QQQ have a monthly-return correlation of 0.91, 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 FDIF and QQQ?
FDIF and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 109 unique securities.
Which pays a higher dividend, FDIF or QQQ?
FDIF yields 0.26% while QQQ yields 0.41%, so QQQ currently pays the higher dividend yield.
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