FILL vs QQQ
iShares MSCI Global Energy Producers ETF vs Invesco QQQ Trust, Series 1
Which is better, FILL or QQQ?
QQQ has been ahead.
QQQ led over the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 61.0%.
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 | FILL | QQQ |
|---|---|---|
| Expense Ratio | - | 0.18% |
| AUM | - | $483.5B |
| Dividend Yield | - | 0.44% |
| Holdings | 185 | 107 |
| Volatility (annualized) | 35.9% | 17.1%Best |
| Max Drawdown | -76.3% | -35.1%Best |
| $10,000 over 13.7 years | $16,450 | $105,800Best |
| Top 10 Weight | 61.0% | 46.5%Best |
| Fund Family | - | Invesco (US) |
| Category | - | Equity |
| Style | - | Large Cap Growth |
| Inception | - | Mar 10, 1999 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 335 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. FILL has data through Oct 28, 2025 and QQQ through Sep 28, 2026.
Volatility and max drawdown, and the $10,000 over 13.7 years row, are measured over the window both funds cover: Feb 2, 2012 to Oct 28, 2025 (13.7 years).
Risk: Volatility and Drawdowns
FILL has been the more volatile fund, with annualized monthly volatility of 35.9% compared with 17.1% 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 -76.3% for FILL 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 0.23. They move largely independently of each other.
Holdings Overlap
1.1% of FILL's money is in holdings QQQ also owns. 0.2% of QQQ's money is in holdings FILL also owns.
FILL and QQQ share little of their money.
The two holdings books were reported 339 days apart, FILL as of Aug 31, 2025 and QQQ as of Aug 5, 2026, so some of the difference between them is the time between the two reports rather than the funds.
1 positions in common, counted across the 185 positions we hold weights for in FILL and 102 in QQQ, against full books of 185 and 107.
What only one of them owns
Our book lists 95 positions for QQQ that do not appear in our book for FILL (97.3% of the fund), and 151 for FILL that do not appear in QQQ (88.9%).
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 FILL | Weight in QQQ | Difference |
|---|---|---|---|
| FANGDiamondback Energy, Inc. | 1.05% | 0.23% | 0.82% |
You are not choosing between two funds in isolation.
Whichever of FILL 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 riskier, FILL or QQQ?
FILL has been the more volatile fund at 35.9% annualized versus 17.1% for QQQ. Worst drawdown: FILL -76.3% vs QQQ -35.1%.
Should I hold both FILL and QQQ?
FILL and QQQ have a monthly-return correlation of 0.23, 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 FILL and QQQ?
1.1% of FILL's money is in holdings QQQ also owns. 0.2% of QQQ's is in holdings FILL also owns. They hold 1 positions in common, counted across the 185 positions we hold weights for in FILL and 102 in QQQ.
Is QQQ better than FILL?
QQQ led over the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 61.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.