FIVA vs QQQ
Fidelity International Value Factor ETF vs Invesco QQQ Trust, Series 1
Which is better, FIVA or QQQ?
Large Cap Value against Large Cap Growth.
FIVA led over 1Y, QQQ over 3Y, 5Y and the full window. FIVA is less concentrated, with 17.0% 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 | FIVA | QQQ |
|---|---|---|
| Expense Ratio | 0.18%Tie | 0.18%Tie |
| AUM | $587M | $483.5B |
| Dividend Yield | 2.54% | 0.44% |
| Holdings | 113 | 107 |
| YTD Return | +17.03%Best | +16.87% |
| 1Y Return | +30.92%Best | +22.98% |
| 3Y Return (annualized) | +23.22% | +24.98%Best |
| 5Y Return (annualized) | +13.86% | +14.39%Best |
| Volatility (annualized) | 17.0%Best | 20.1% |
| Max Drawdown | -44.3% | -35.1%Best |
| $10,000 over 5 years | $19,136 | $19,586Best |
| Top 10 Weight | 17.0%Best | 46.5% |
| Fund Family | Fidelity Investments (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Jan 16, 2018 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Jan 18, 2018 to Sep 11, 2026 (8.6 years).
FIVA 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 8.6 years both funds cover.
FIVA vs QQQ Performance
Fidelity International Value Factor ETF (FIVA) is an ETF from Fidelity Investments (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year FIVA returned +30.92% while QQQ returned +22.98%. Year to date, FIVA is up 17.03% versus a gain of 16.87% for QQQ.
Over three years, FIVA compounded at +23.22% per year against +24.98% for QQQ; over five years the annualized figures are +13.86% and +14.39% respectively. Across the full 9-year window we track, QQQ has the edge at +18.86% annualized vs +7.79%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.1% compared with 17.0% 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 -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 0.61. They move together some of the time, and apart the rest.
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 2.54% against 0.44% for QQQ.
Holdings Overlap
2.9% of FIVA's money is in holdings QQQ also owns. 0.7% of QQQ's money is in holdings FIVA also owns.
FIVA and QQQ share little of their money.
1 positions in common, counted across the 107 positions we hold weights for in FIVA and 102 in QQQ, against full books of 113 and 107.
What only one of them owns
Our book lists 95 positions for QQQ that do not appear in our book for FIVA (97.0% of the fund), and 3 for FIVA that do not appear in QQQ (1.5%).
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 FIVA | Weight in QQQ | Difference |
|---|---|---|---|
| ASML:ASAsml Holding Adr Representing Nv | 2.91% | 0.68% | 2.23% |
You are not choosing between two funds in isolation.
Whichever of FIVA 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, FIVA or QQQ?
FIVA has an expense ratio of 0.18% while QQQ charges 0.18%. At the precision these are quoted to, they cost the same.
Which performed better, FIVA or QQQ?
Over the past year FIVA returned +30.92% vs +22.98% for QQQ, so FIVA leads on 1-year performance. Over the longest common window we track (9 years), FIVA annualized +7.79% vs +18.86% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FIVA or QQQ?
QQQ has been the more volatile fund at 20.1% annualized versus 17.0% for FIVA. Worst drawdown: FIVA -44.3% vs QQQ -35.1%.
Should I hold both FIVA and QQQ?
FIVA and QQQ have a monthly-return correlation of 0.61, 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 FIVA and QQQ?
2.9% of FIVA's money is in holdings QQQ also owns. 0.7% of QQQ's is in holdings FIVA also owns. They hold 1 positions in common, counted across the 107 positions we hold weights for in FIVA and 102 in QQQ.
Which pays a higher dividend, FIVA or QQQ?
FIVA yields 2.54% while QQQ yields 0.44%, so FIVA currently pays the higher dividend yield.
Is QQQ better than FIVA?
FIVA led over 1Y, QQQ over 3Y, 5Y and the full window. FIVA is less concentrated, with 17.0% 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.