FEOE vs QQQ
First Eagle Overseas Equity ETF vs Invesco QQQ Trust, Series 1
Which is better, FEOE or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. FEOE led over the full window, QQQ over 1Y. FEOE is less concentrated, with 27.8% of the fund in its ten largest positions against 47.2%.
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 | FEOE | QQQ |
|---|---|---|
| Expense Ratio | 0.50% | 0.18%Best |
| AUM | $1.9B | $498.6B |
| Dividend Yield | 1.31% | 0.42% |
| Holdings | 156 | 321 |
| YTD Return | +9.04% | +21.44%Best |
| 1Y Return | +16.82% | +23.58%Best |
| 3Y Return (annualized) | - | +27.86% |
| 5Y Return (annualized) | - | +16.25% |
| Volatility (annualized) | 13.0%Best | 19.1% |
| Max Drawdown | -12.3%Best | -22.8% |
| $10,000 over 1.8 years | $15,593Best | $14,513 |
| Top 10 Weight | 27.8%Best | 47.2% |
| Fund Family | First Eagle Investments | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Dec 19, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 20, 2024 to Oct 1, 2026 (1.8 years).
FEOE 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 1.8 years both funds cover.
FEOE vs QQQ Performance
First Eagle Overseas Equity ETF (FEOE) is an ETF from First Eagle Investments and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year FEOE returned +16.82% while QQQ returned +23.58%. Year to date, FEOE is up 9.04% versus a gain of 21.44% 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 19.1% compared with 13.0% for FEOE. 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 -12.3% for FEOE 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 0.14. They move largely independently of each other.
Fees and Cost Over Time
FEOE 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, FEOE currently yields 1.31% against 0.42% for QQQ.
Holdings Overlap
We hold position weights for 74 holdings in FEOE and 102 in QQQ, totalling 96.2% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 74 positions we hold weights for in FEOE and 102 in QQQ, against full books of 156 and 321.
What only one of them owns
Our book lists 96 positions for QQQ that do not appear in our book for FEOE (97.8% of the fund), and 5 for FEOE that do not appear in QQQ (10.4%).
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 FEOE 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, FEOE or QQQ?
FEOE 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, FEOE or QQQ?
Over the past year FEOE returned +16.82% vs +23.58% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), FEOE annualized +27.99% vs +22.99% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FEOE or QQQ?
QQQ has been the more volatile fund at 19.1% annualized versus 13.0% for FEOE. Worst drawdown: FEOE -12.3% vs QQQ -22.8%.
Should I hold both FEOE and QQQ?
FEOE and QQQ have a monthly-return correlation of 0.14, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FEOE or QQQ?
FEOE yields 1.31% while QQQ yields 0.42%, so FEOE currently pays the higher dividend yield.
Is QQQ better than FEOE?
QQQ has a lower expense ratio. FEOE led over the full window, QQQ over 1Y. FEOE is less concentrated, with 27.8% of the fund in its ten largest positions against 47.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.