FIDU vs QQQ
Fidelity MSCI Industrials Index ETF vs Invesco QQQ Trust, Series 1
Which is better, FIDU or QQQ?
Large Cap Blend against Large Cap Growth.
FIDU has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. FIDU is less concentrated, with 31.3% of the fund in its ten largest positions against 46.5%.
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 | FIDU | QQQ |
|---|---|---|
| Expense Ratio | 0.08%Best | 0.18% |
| AUM | $2.3B | $483.5B |
| Dividend Yield | 0.95% | 0.44% |
| Holdings | 364 | 107 |
| YTD Return | +7.37% | +17.95%Best |
| 1Y Return | +11.70% | +21.77%Best |
| 3Y Return (annualized) | +18.81% | +25.63%Best |
| 5Y Return (annualized) | +12.95% | +15.24%Best |
| Volatility (annualized) | 18.1% | 18.0%Best |
| Max Drawdown | -42.7% | -35.1%Best |
| $10,000 over 5 years | $18,384 | $20,324Best |
| Top 10 Weight | 31.3%Best | 46.5% |
| Fund Family | Fidelity Investments (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Oct 21, 2013 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Oct 24, 2013 to Sep 18, 2026 (12.9 years).
FIDU 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 12.9 years both funds cover.
FIDU vs QQQ Performance
Fidelity MSCI Industrials Index ETF (FIDU) is an ETF from Fidelity Investments (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year FIDU returned +11.70% while QQQ returned +21.77%. Year to date, FIDU is up 7.37% versus a gain of 17.95% for QQQ.
Over three years, FIDU compounded at +18.81% per year against +25.63% for QQQ; over five years the annualized figures are +12.95% and +15.24% respectively. Across the full 13-year window we track, QQQ has the edge at +18.62% annualized vs +10.89%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FIDU has been the more volatile fund, with annualized monthly volatility of 18.1% compared with 18.0% 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 -42.7% for FIDU and -35.1% 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FIDU charges 0.08% per year while QQQ charges 0.18%. On a $10,000 position that is $8 vs $18 annually, a gap of $10 per year that compounds over a long holding period. On income, FIDU currently yields 0.95% against 0.44% for QQQ.
Holdings Overlap
10.0% of FIDU's money is in holdings QQQ also owns. 3.4% of QQQ's money is in holdings FIDU also owns.
FIDU and QQQ share little of their money.
12 positions in common, counted across the 350 positions we hold weights for in FIDU and 102 in QQQ, against full books of 364 and 107.
What only one of them owns
Our book lists 84 positions for QQQ that do not appear in our book for FIDU (94.2% of the fund), and 326 for FIDU that do not appear in QQQ (87.6%).
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.
Top Shared Holdings
| Stock | Weight in FIDU | Weight in QQQ | Difference |
|---|---|---|---|
| ADPAutomatic Data Processing, Inc. | 1.65% | 0.47% | 1.18% |
| CSXCsx Corp. | 1.33% | 0.42% | 0.91% |
| CTASCintas Corp. | 1.00% | 0.35% | 0.65% |
| HONHoneywell International Inc. | 0.96% | 0.35% | 0.61% |
| PCARPaccar Inc. | 0.95% | 0.31% | 0.64% |
| FASTFastenal Co. | 0.82% | 0.25% | 0.57% |
| HONAHoneywell Aerospace Inc | 0.72% | 0.28% | 0.44% |
| AXONAxon Enterprise Inc | 0.60% | 0.22% | 0.38% |
| PAYXPaychex, Inc. | 0.58% | 0.19% | 0.39% |
| ODFLOld Dominion Freig | 0.51% | 0.20% | 0.31% |
You are not choosing between two funds in isolation.
Whichever of FIDU 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, FIDU or QQQ?
FIDU has an expense ratio of 0.08% while QQQ charges 0.18%. FIDU is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, FIDU or QQQ?
Over the past year FIDU returned +11.70% vs +21.77% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (13 years), FIDU annualized +10.89% vs +18.62% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FIDU or QQQ?
FIDU has been the more volatile fund at 18.1% annualized versus 18.0% for QQQ. Worst drawdown: FIDU -42.7% vs QQQ -35.1%.
Should I hold both FIDU and QQQ?
FIDU and QQQ have a monthly-return correlation of 0.73, 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 FIDU and QQQ?
10.0% of FIDU's money is in holdings QQQ also owns. 3.4% of QQQ's is in holdings FIDU also owns. They hold 12 positions in common, counted across the 350 positions we hold weights for in FIDU and 102 in QQQ.
Which pays a higher dividend, FIDU or QQQ?
FIDU yields 0.95% while QQQ yields 0.44%, so FIDU currently pays the higher dividend yield.
Is QQQ better than FIDU?
FIDU has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. FIDU is less concentrated, with 31.3% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.