FIIG vs QQQ
First Trust Intermediate Duration Investment Grade Corporate ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. FIIG offers more diversification with 235 holdings.
Side-by-Side Comparison
| Metric | FIIG | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.49% | 0.18% | |
| AUM | $646M | $496.3B | |
| Dividend Yield | 5.05% | 0.44% | |
| Holdings | 235 | 108 | |
| YTD Return | -0.63% | +19.52% | |
| 1Y Return | +1.57% | +26.68% | |
| 3Y Return (annualized) | +5.51% | +26.64% | |
| 5Y Return (annualized) | - | +15.36% | |
| Volatility (annualized) | 6.2% | 30.6% | |
| Max Drawdown | -5.5% | -83.0% | |
| Fund Family | First Trust Portfolios (US) | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Aug 2, 2023 | Mar 10, 1999 |
FIIG vs QQQ Performance
First Trust Intermediate Duration Investment Grade Corporate ETF (FIIG) is a ETF from First Trust Portfolios (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year FIIG returned +1.57% while QQQ returned +26.68%. Year to date, FIIG is down 0.63% versus a gain of 19.52% for QQQ.
Over three years, FIIG compounded at +5.51% per year against +26.64% for QQQ. Across the full 3-year window we track, QQQ has the edge at +13.14% annualized vs +5.40%. 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 6.2% for FIIG. 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 -5.5% for FIIG 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 0.47. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FIIG charges 0.49% per year while QQQ charges 0.18%. On a $10,000 position that is $49 vs $18 annually, a gap of $31 per year that compounds over a long holding period. On income, FIIG currently yields 5.05% against 0.44% for QQQ.
Holdings Overlap
FIIG and QQQ share 0 holdings out of 262 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, FIIG or QQQ?
FIIG has an expense ratio of 0.49% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $31 per year of difference.
Which performed better, FIIG or QQQ?
Over the past year FIIG returned +1.57% vs +26.68% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), FIIG annualized +5.40% vs +13.14% for QQQ. Past performance does not guarantee future results.
Which is riskier, FIIG or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 6.2% for FIIG. Worst drawdown: FIIG -5.5% vs QQQ -83.0%.
Should I hold both FIIG and QQQ?
FIIG and QQQ have a monthly-return correlation of 0.47, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FIIG and QQQ?
FIIG and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 262 unique securities.
Which pays a higher dividend, FIIG or QQQ?
FIIG yields 5.05% while QQQ yields 0.44%, so FIIG currently pays the higher dividend yield.
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