FIDU vs QQQ
Fidelity MSCI Industrials Index ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
FIDU has a lower expense ratio. QQQ delivered stronger 1-year returns. FIDU offers more diversification with 360 holdings.
Side-by-Side Comparison
| Metric | FIDU | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.08% | 0.18% | |
| AUM | $2.3B | $496.3B | |
| Dividend Yield | 0.95% | 0.44% | |
| Holdings | 360 | 108 | |
| YTD Return | +18.59% | +19.52% | |
| 1Y Return | +25.22% | +26.68% | |
| 3Y Return (annualized) | +21.82% | +26.64% | |
| 5Y Return (annualized) | +13.94% | +15.36% | |
| Volatility (annualized) | 18.1% | 30.6% | |
| Max Drawdown | -42.7% | -83.0% | |
| Fund Family | Fidelity Investments (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Oct 21, 2013 | Mar 10, 1999 |
FIDU vs QQQ Performance
Fidelity MSCI Industrials Index ETF (FIDU) is a ETF from Fidelity Investments (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year FIDU returned +25.22% while QQQ returned +26.68%. Year to date, FIDU is up 18.59% versus a gain of 19.52% for QQQ.
Over three years, FIDU compounded at +21.82% per year against +26.64% for QQQ; over five years the annualized figures are +13.94% and +15.36% respectively. Across the full 13-year window we track, QQQ has the edge at +13.14% annualized vs +11.84%. 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 18.1% for FIDU. 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 -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 0.74. 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
FIDU and QQQ share 12 holdings out of 444 unique holdings combined, representing a 3.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $10 per year of difference.
Which performed better, FIDU or QQQ?
Over the past year FIDU returned +25.22% vs +26.68% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (13 years), FIDU annualized +11.84% vs +13.14% for QQQ. Past performance does not guarantee future results.
Which is riskier, FIDU or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 18.1% for FIDU. Worst drawdown: FIDU -42.7% vs QQQ -83.0%.
Should I hold both FIDU and QQQ?
FIDU and QQQ have a monthly-return correlation of 0.74, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FIDU and QQQ?
FIDU and QQQ share 12 common holdings with a 3.4% weight overlap. Combined, they hold 444 unique securities.
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.
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