FSYD vs QQQ
Fidelity Sustainable High Yield ETF vs Invesco QQQ Trust, Series 1
Which is better, FSYD or QQQ?
High Yield Bond against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window.
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 | FSYD | QQQ |
|---|---|---|
| Expense Ratio | 0.55% | 0.18%Best |
| AUM | $145M | $483.5B |
| Dividend Yield | 6.87% | 0.44% |
| Holdings | 403 | 107 |
| YTD Return | +2.88% | +17.21%Best |
| 1Y Return | +4.38% | +22.10%Best |
| 3Y Return (annualized) | +8.86% | +25.27%Best |
| 5Y Return (annualized) | - | +14.60% |
| Volatility (annualized) | 7.8%Best | 20.9% |
| Max Drawdown | -12.1%Best | -29.6% |
| $10,000 over 4.6 years | $12,815 | $21,404Best |
| Fund Family | Fidelity Investments (US) | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | High Yield Bond | Large Cap Growth |
| Inception | Feb 15, 2022 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.6 years row, are measured over the window both funds cover: Feb 17, 2022 to Sep 17, 2026 (4.6 years).
FSYD 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 4.6 years both funds cover.
FSYD vs QQQ Performance
Fidelity Sustainable High Yield ETF (FSYD) is an ETF from Fidelity Investments (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year FSYD returned +4.38% while QQQ returned +22.10%. Year to date, FSYD is up 2.88% versus a gain of 17.21% for QQQ.
Over three years, FSYD compounded at +8.86% per year against +25.27% 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 20.9% compared with 7.8% for FSYD. 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 -12.1% for FSYD and -29.6% 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 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FSYD charges 0.55% per year while QQQ charges 0.18%. On a $10,000 position that is $55 vs $18 annually, a gap of $37 per year that compounds over a long holding period. On income, FSYD currently yields 6.87% against 0.44% for QQQ.
Holdings Overlap
At least 0.4% of QQQ's money is in holdings FSYD also owns.
Stated as a floor: for FSYD, our book for it covers 66.5% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
2 positions in common, counted across the 209 positions we hold weights for in FSYD and 102 in QQQ, against full books of 403 and 107.
You are not choosing between two funds in isolation.
Whichever of FSYD and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FSYD or QQQ?
FSYD has an expense ratio of 0.55% while QQQ charges 0.18%. QQQ is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, FSYD or QQQ?
Over the past year FSYD returned +4.38% vs +22.10% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FSYD or QQQ?
QQQ has been the more volatile fund at 20.9% annualized versus 7.8% for FSYD. Worst drawdown: FSYD -12.1% vs QQQ -29.6%.
Should I hold both FSYD and QQQ?
FSYD and QQQ have a monthly-return correlation of 0.75, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FSYD or QQQ?
FSYD yields 6.87% while QQQ yields 0.44%, so FSYD currently pays the higher dividend yield.
Is QQQ better than FSYD?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.