FIVA vs QQQ
Fidelity International Value Factor ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
FIVA delivered stronger 1-year returns. FIVA offers more diversification with 125 holdings.
Side-by-Side Comparison
| Metric | FIVA | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.18% | |
| AUM | $587M | $496.3B | |
| Dividend Yield | 2.59% | 0.44% | |
| Holdings | 125 | 108 | |
| YTD Return | +17.06% | +16.23% | |
| 1Y Return | +32.56% | +26.23% | |
| 3Y Return (annualized) | +24.03% | +25.75% | |
| 5Y Return (annualized) | +14.55% | +14.78% | |
| Volatility (annualized) | 17.1% | 30.6% | |
| Max Drawdown | -44.3% | -83.0% | |
| Fund Family | Fidelity Investments (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jan 16, 2018 | Mar 10, 1999 |
FIVA vs QQQ Performance
Fidelity International Value Factor ETF (FIVA) is a ETF from Fidelity Investments (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year FIVA returned +32.56% while QQQ returned +26.23%. Year to date, FIVA is up 17.06% versus a gain of 16.23% for QQQ.
Over three years, FIVA compounded at +24.03% per year against +25.75% for QQQ; over five years the annualized figures are +14.55% and +14.78% respectively. Across the full 9-year window we track, QQQ has the edge at +13.02% annualized vs +7.85%. 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 17.1% for FIVA. 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 -44.3% for FIVA 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 0.61. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FIVA charges 0.18% per year while QQQ charges 0.18%. On a $10,000 position that is $18 vs $18 annually. On income, FIVA currently yields 2.59% against 0.44% for QQQ.
Holdings Overlap
FIVA and QQQ share 0 holdings out of 209 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, FIVA or QQQ?
FIVA has an expense ratio of 0.18% while QQQ charges 0.18%. They cost the same. On a $10,000 investment, that is $0 per year of difference.
Which performed better, FIVA or QQQ?
Over the past year FIVA returned +32.56% vs +26.23% for QQQ, so FIVA leads on 1-year performance. Over the longest common window we track (9 years), FIVA annualized +7.85% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, FIVA or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 17.1% for FIVA. Worst drawdown: FIVA -44.3% vs QQQ -83.0%.
Should I hold both FIVA and QQQ?
FIVA and QQQ have a monthly-return correlation of 0.61, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FIVA and QQQ?
FIVA and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 209 unique securities.
Which pays a higher dividend, FIVA or QQQ?
FIVA yields 2.59% while QQQ yields 0.44%, so FIVA currently pays the higher dividend yield.
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