FLDZ vs QQQ
TrueShares Patriot Defense ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | FLDZ | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.40% | 0.18% | |
| AUM | $7M | $496.3B | |
| Dividend Yield | 1.49% | 0.44% | |
| Holdings | 62 | 108 | |
| YTD Return | +8.65% | +16.23% | |
| 1Y Return | +8.54% | +26.23% | |
| 3Y Return (annualized) | +12.81% | +25.75% | |
| 5Y Return (annualized) | - | +14.78% | |
| Volatility (annualized) | 16.3% | 30.6% | |
| Max Drawdown | -19.5% | -83.0% | |
| Fund Family | TrueShares | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Dec 31, 2021 | Mar 10, 1999 |
FLDZ vs QQQ Performance
TrueShares Patriot Defense ETF (FLDZ) is a ETF from TrueShares and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year FLDZ returned +8.54% while QQQ returned +26.23%. Year to date, FLDZ is up 8.65% versus a gain of 16.23% for QQQ.
Over three years, FLDZ compounded at +12.81% per year against +25.75% for QQQ. Across the full 5-year window we track, QQQ has the edge at +13.02% annualized vs +6.14%. 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 16.3% for FLDZ. 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 -19.5% for FLDZ 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 0.64. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FLDZ charges 0.40% per year while QQQ charges 0.18%. On a $10,000 position that is $40 vs $18 annually, a gap of $22 per year that compounds over a long holding period. On income, FLDZ currently yields 1.49% against 0.44% for QQQ.
Holdings Overlap
FLDZ and QQQ share 4 holdings out of 160 unique holdings combined, representing a 2.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FLDZ or QQQ?
FLDZ has an expense ratio of 0.40% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $22 per year of difference.
Which performed better, FLDZ or QQQ?
Over the past year FLDZ returned +8.54% vs +26.23% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (5 years), FLDZ annualized +6.14% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, FLDZ or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 16.3% for FLDZ. Worst drawdown: FLDZ -19.5% vs QQQ -83.0%.
Should I hold both FLDZ and QQQ?
FLDZ and QQQ have a monthly-return correlation of 0.64, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FLDZ and QQQ?
FLDZ and QQQ share 4 common holdings with a 2.9% weight overlap. Combined, they hold 160 unique securities.
Which pays a higher dividend, FLDZ or QQQ?
FLDZ yields 1.49% while QQQ yields 0.44%, so FLDZ currently pays the higher dividend yield.
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