FDIQ vs QQQ
Invesco Bloomberg Financial Data Providers ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. FDIQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | FDIQ | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.18% | |
| AUM | $45M | $496.3B | |
| Dividend Yield | 2.12% | 0.44% | |
| Holdings | 43 | 108 | |
| YTD Return | +22.39% | +16.64% | |
| 1Y Return | +29.33% | +27.27% | |
| 3Y Return (annualized) | +21.68% | +25.96% | |
| 5Y Return (annualized) | +7.89% | +14.54% | |
| Volatility (annualized) | 24.7% | 30.6% | |
| Max Drawdown | -55.4% | -83.0% | |
| Fund Family | Invesco (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Nov 1, 2011 | Mar 10, 1999 |
FDIQ vs QQQ Performance
Invesco Bloomberg Financial Data Providers ETF (FDIQ) is a ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year FDIQ returned +29.33% while QQQ returned +27.27%. Year to date, FDIQ is up 22.39% versus a gain of 16.64% for QQQ.
Over three years, FDIQ compounded at +21.68% per year against +25.96% for QQQ; over five years the annualized figures are +7.89% and +14.54% respectively. Across the full 15-year window we track, QQQ has the edge at +13.03% annualized vs +9.52%. 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 24.7% for FDIQ. 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 -55.4% for FDIQ 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 0.39. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FDIQ charges 0.35% per year while QQQ charges 0.18%. On a $10,000 position that is $35 vs $18 annually, a gap of $17 per year that compounds over a long holding period. On income, FDIQ currently yields 2.12% against 0.44% for QQQ.
Holdings Overlap
FDIQ and QQQ share 1 holdings out of 134 unique holdings combined, representing a 0.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in FDIQ | Weight in QQQ | Difference |
|---|---|---|---|
| TRI:CA | 2.07% | 0.17% | 1.90% |
Frequently Asked Questions
Which is cheaper, FDIQ or QQQ?
FDIQ has an expense ratio of 0.35% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, FDIQ or QQQ?
Over the past year FDIQ returned +29.33% vs +27.27% for QQQ, so FDIQ leads on 1-year performance. Over the longest common window we track (15 years), FDIQ annualized +9.52% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, FDIQ or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 24.7% for FDIQ. Worst drawdown: FDIQ -55.4% vs QQQ -83.0%.
Should I hold both FDIQ and QQQ?
FDIQ and QQQ have a monthly-return correlation of 0.39, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FDIQ and QQQ?
FDIQ and QQQ share 1 common holdings with a 0.2% weight overlap. Combined, they hold 134 unique securities.
Which pays a higher dividend, FDIQ or QQQ?
FDIQ yields 2.12% while QQQ yields 0.44%, so FDIQ currently pays the higher dividend yield.
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