FLCE vs QQQ
Frontier Asset US Large Cap Equity ETF vs Invesco QQQ Trust, Series 1
Which is better, FLCE or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91.
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 | FLCE | QQQ |
|---|---|---|
| Expense Ratio | 0.86% | 0.18%Best |
| AUM | $82M | $483.5B |
| Dividend Yield | 0.31% | 0.44% |
| Holdings | 8 | 107 |
| YTD Return | +10.21% | +17.95%Best |
| 1Y Return | +13.82% | +21.77%Best |
| 3Y Return (annualized) | - | +25.63% |
| 5Y Return (annualized) | - | +15.24% |
| Volatility (annualized) | 11.3%Best | 19.5% |
| Max Drawdown | -17.5%Best | -22.8% |
| $10,000 over 1.7 years | $12,469 | $13,917Best |
| Top 10 Weight | - | 46.5% |
| Fund Family | Frontier Asset Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Dec 19, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Dec 20, 2024 to Sep 18, 2026 (1.7 years).
FLCE 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 1.7 years both funds cover.
FLCE vs QQQ Performance
Frontier Asset US Large Cap Equity ETF (FLCE) is an ETF from Frontier Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year FLCE returned +13.82% while QQQ returned +21.77%. Year to date, FLCE is up 10.21% versus a gain of 17.95% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 19.5% compared with 11.3% for FLCE. 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 -17.5% for FLCE and -22.8% 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FLCE charges 0.86% per year while QQQ charges 0.18%. On a $10,000 position that is $86 vs $18 annually, a gap of $68 per year that compounds over a long holding period. On income, FLCE currently yields 0.31% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 7 holdings in FLCE and 102 in QQQ, totalling 99.8% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 7 positions we hold weights for in FLCE and 102 in QQQ, against full books of 8 and 107.
What only one of them owns
Our book lists 96 positions for QQQ that do not appear in our book for FLCE (97.5% of the fund), and 7 for FLCE that do not appear in QQQ (99.8%).
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.
You are not choosing between two funds in isolation.
Whichever of FLCE 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, FLCE or QQQ?
FLCE has an expense ratio of 0.86% while QQQ charges 0.18%. QQQ is the cheaper option, by $68 a year on a $10,000 investment.
Which performed better, FLCE or QQQ?
Over the past year FLCE returned +13.82% vs +21.77% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), FLCE annualized +13.86% vs +21.46% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLCE or QQQ?
QQQ has been the more volatile fund at 19.5% annualized versus 11.3% for FLCE. Worst drawdown: FLCE -17.5% vs QQQ -22.8%.
Should I hold both FLCE and QQQ?
FLCE and QQQ have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, FLCE or QQQ?
FLCE yields 0.31% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Is QQQ better than FLCE?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91. Which one suits a particular account depends on what it is for. This is information, not a recommendation.