FSIG vs QQQ
First Trust Limited Duration Investment Grade Corporate ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. FSIG offers more diversification with 322 holdings.
Side-by-Side Comparison
| Metric | FSIG | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.44% | 0.18% | |
| AUM | $1.5B | $455.8B | |
| Dividend Yield | 4.80% | 0.41% | |
| Holdings | 322 | 108 | |
| YTD Return | +0.91% | +19.68% | |
| 1Y Return | +2.63% | +26.75% | |
| 3Y Return (annualized) | +5.21% | +26.25% | |
| 5Y Return (annualized) | - | +15.39% | |
| Volatility (annualized) | 3.2% | 30.6% | |
| Max Drawdown | -6.9% | -83.0% | |
| Fund Family | First Trust Portfolios (US) | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Nov 17, 2021 | Mar 10, 1999 |
FSIG vs QQQ Performance
First Trust Limited Duration Investment Grade Corporate ETF (FSIG) is a ETF from First Trust Portfolios (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year FSIG returned +2.63% while QQQ returned +26.75%. Year to date, FSIG is up 0.91% versus a gain of 19.68% for QQQ.
Over three years, FSIG compounded at +5.21% per year against +26.25% for QQQ. Across the full 5-year window we track, QQQ has the edge at +13.15% annualized vs +2.71%. 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 3.2% for FSIG. 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 -6.9% for FSIG 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 0.59. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FSIG charges 0.44% per year while QQQ charges 0.18%. On a $10,000 position that is $44 vs $18 annually, a gap of $26 per year that compounds over a long holding period. On income, FSIG currently yields 4.80% against 0.41% for QQQ.
Holdings Overlap
FSIG and QQQ share 0 holdings out of 330 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, FSIG or QQQ?
FSIG has an expense ratio of 0.44% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $26 per year of difference.
Which performed better, FSIG or QQQ?
Over the past year FSIG returned +2.63% vs +26.75% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (5 years), FSIG annualized +2.71% vs +13.15% for QQQ. Past performance does not guarantee future results.
Which is riskier, FSIG or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 3.2% for FSIG. Worst drawdown: FSIG -6.9% vs QQQ -83.0%.
Should I hold both FSIG and QQQ?
FSIG and QQQ have a monthly-return correlation of 0.59, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FSIG and QQQ?
FSIG and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 330 unique securities.
Which pays a higher dividend, FSIG or QQQ?
FSIG yields 4.80% while QQQ yields 0.41%, so FSIG currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.