FOWF vs QQQ
Pacer Solactive Whitney Future of Warfare ETF vs Invesco QQQ Trust, Series 1
Which is better, FOWF or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 47.8%.
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 | FOWF | QQQ |
|---|---|---|
| Expense Ratio | 0.49% | 0.18%Best |
| AUM | $16M | $483.5B |
| Dividend Yield | 0.73% | 0.44% |
| Holdings | 98 | 107 |
| YTD Return | +8.92% | +21.18%Best |
| 1Y Return | +11.54% | +24.36%Best |
| 3Y Return (annualized) | - | +27.99% |
| 5Y Return (annualized) | - | +15.39% |
| Volatility (annualized) | 12.8%Best | 19.6% |
| Max Drawdown | -12.3%Best | -22.8% |
| $10,000 over 1.8 years | $14,403 | $14,594Best |
| Top 10 Weight | 47.8% | 46.5%Best |
| Fund Family | Pacer ETFs | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Dec 17, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 18, 2024 to Sep 23, 2026 (1.8 years).
FOWF 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 1.8 years both funds cover.
FOWF vs QQQ Performance
Pacer Solactive Whitney Future of Warfare ETF (FOWF) is an ETF from Pacer ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year FOWF returned +11.54% while QQQ returned +24.36%. Year to date, FOWF is up 8.92% versus a gain of 21.18% 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 19.6% compared with 12.8% for FOWF. 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 -12.3% for FOWF 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 0.37. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FOWF charges 0.49% per year while QQQ charges 0.18%. On a $10,000 position that is $49 vs $18 annually, a gap of $31 per year that compounds over a long holding period. On income, FOWF currently yields 0.73% against 0.44% for QQQ.
Holdings Overlap
15.6% of FOWF's money is in holdings QQQ also owns. 37.3% of QQQ's money is in holdings FOWF also owns.
The two portfolios partly overlap.
21 positions in common, counted across the 88 positions we hold weights for in FOWF and 102 in QQQ, against full books of 98 and 107.
What only one of them owns
Our book lists 75 positions for QQQ that do not appear in our book for FOWF (60.3% of the fund), and 40 for FOWF that do not appear in QQQ (64.7%).
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 FOWF | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 0.75% | 8.44% | 7.69% |
| MSFTMicrosoft Corp | 0.74% | 5.76% | 5.02% |
| AMZNAmazon.Com Inc | 0.73% | 4.67% | 3.94% |
| AMDAdvanced Micro Devices Inc | 0.64% | 3.45% | 2.81% |
| GOOGAlphabet Inc | 0.67% | 3.13% | 2.46% |
| PLTRPalantir Technologies Inc | 1.52% | 1.60% | 0.08% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.64% | 2.10% | 1.46% |
| AMATApplied Materials, Inc. | 0.60% | 1.86% | 1.26% |
| PANWPalo Alto Networks, Inc | 0.78% | 1.30% | 0.52% |
| CRWDCrowdstrike Holdings Inc | 0.83% | 0.94% | 0.11% |
37.3% of QQQ is already inside FOWF.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FOWF or QQQ?
FOWF has an expense ratio of 0.49% while QQQ charges 0.18%. QQQ is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, FOWF or QQQ?
Over the past year FOWF returned +11.54% vs +24.36% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), FOWF annualized +22.47% vs +23.37% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FOWF or QQQ?
QQQ has been the more volatile fund at 19.6% annualized versus 12.8% for FOWF. Worst drawdown: FOWF -12.3% vs QQQ -22.8%.
Should I hold both FOWF and QQQ?
FOWF and QQQ have a monthly-return correlation of 0.37, 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 FOWF and QQQ?
37.3% of QQQ's money is in holdings FOWF also owns. 37.3% of QQQ's is in holdings FOWF also owns. They hold 21 positions in common, counted across the 88 positions we hold weights for in FOWF and 102 in QQQ.
Which pays a higher dividend, FOWF or QQQ?
FOWF yields 0.73% while QQQ yields 0.44%, so FOWF currently pays the higher dividend yield.
Is QQQ better than FOWF?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 47.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.