FNDB vs QQQ
Schwab Fundamental US Broad Market ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. FNDB delivered stronger 1-year returns. FNDB offers more diversification with 1627 holdings.
Side-by-Side Comparison
| Metric | FNDB | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.25% | 0.18% | |
| AUM | $1.4B | $455.8B | |
| Dividend Yield | 1.46% | 0.41% | |
| Holdings | 1,649 | 108 | |
| YTD Return | +19.29% | +18.31% | |
| 1Y Return | +30.95% | +25.37% | |
| 3Y Return (annualized) | +20.15% | +25.79% | |
| 5Y Return (annualized) | +13.39% | +15.20% | |
| Volatility (annualized) | 15.2% | 30.6% | |
| Max Drawdown | -38.2% | -83.0% | |
| Fund Family | Charles Schwab Asset Management | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Aug 15, 2013 | Mar 10, 1999 |
FNDB vs QQQ Performance
Schwab Fundamental US Broad Market ETF (FNDB) is a ETF from Charles Schwab Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year FNDB returned +30.95% while QQQ returned +25.37%. Year to date, FNDB is up 19.29% versus a gain of 18.31% for QQQ.
Over three years, FNDB compounded at +20.15% per year against +25.79% for QQQ; over five years the annualized figures are +13.39% and +15.20% respectively. Across the full 13-year window we track, QQQ has the edge at +13.10% annualized vs +11.84%. 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 15.2% for FNDB. 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 -38.2% for FNDB 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FNDB charges 0.25% per year while QQQ charges 0.18%. On a $10,000 position that is $25 vs $18 annually, a gap of $7 per year that compounds over a long holding period. On income, FNDB currently yields 1.46% against 0.41% for QQQ.
Holdings Overlap
FNDB and QQQ share 85 holdings out of 1645 unique holdings combined, representing a 25.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FNDB or QQQ?
FNDB has an expense ratio of 0.25% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $7 per year of difference.
Which performed better, FNDB or QQQ?
Over the past year FNDB returned +30.95% vs +25.37% for QQQ, so FNDB leads on 1-year performance. Over the longest common window we track (13 years), FNDB annualized +11.84% vs +13.10% for QQQ. Past performance does not guarantee future results.
Which is riskier, FNDB or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 15.2% for FNDB. Worst drawdown: FNDB -38.2% vs QQQ -83.0%.
Should I hold both FNDB and QQQ?
FNDB and QQQ have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FNDB and QQQ?
FNDB and QQQ share 85 common holdings with a 25.9% weight overlap. Combined, they hold 1645 unique securities.
Which pays a higher dividend, FNDB or QQQ?
FNDB yields 1.46% while QQQ yields 0.41%, so FNDB currently pays the higher dividend yield.
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