FSEG vs QQQ
Fidelity Enhanced Small Cap Growth ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. FSEG offers more diversification with 412 holdings.
Side-by-Side Comparison
| Metric | FSEG | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.28% | 0.18% | |
| AUM | $7M | $496.3B | |
| Dividend Yield | 0.03% | 0.44% | |
| Holdings | 412 | 108 | |
| YTD Return | +9.57% | +16.64% | |
| 1Y Return | - | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | - | 30.6% | |
| Max Drawdown | -7.8% | -83.0% | |
| Fund Family | Fidelity Investments (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Apr 28, 2026 | Mar 10, 1999 |
FSEG vs QQQ Performance
Fidelity Enhanced Small Cap Growth ETF (FSEG) is a ETF from Fidelity Investments (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Year to date, FSEG is up 9.57% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -7.8% for FSEG and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
FSEG charges 0.28% per year while QQQ charges 0.18%. On a $10,000 position that is $28 vs $18 annually, a gap of $10 per year that compounds over a long holding period. On income, FSEG currently yields 0.03% against 0.44% for QQQ.
Holdings Overlap
FSEG and QQQ share 0 holdings out of 514 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FSEG or QQQ?
FSEG has an expense ratio of 0.28% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $10 per year of difference.
What is the holdings overlap between FSEG and QQQ?
FSEG and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 514 unique securities.
Which pays a higher dividend, FSEG or QQQ?
FSEG yields 0.03% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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