FV vs QQQ
First Trust Dorsey Wright Focus 5 ETF vs Invesco QQQ Trust, Series 1
Which is better, FV or QQQ?
Mid Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y 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 | FV | QQQ |
|---|---|---|
| Expense Ratio | 0.89% | 0.18%Best |
| AUM | $3.8B | $483.5B |
| Dividend Yield | 0.50% | 0.44% |
| Holdings | 6 | 107 |
| YTD Return | +14.05% | +17.21%Best |
| 1Y Return | +19.03% | +22.10%Best |
| 3Y Return (annualized) | +17.54% | +25.27%Best |
| 5Y Return (annualized) | +9.73% | +14.60%Best |
| Volatility (annualized) | 18.2%Tie | 18.2%Tie |
| Max Drawdown | -34.0%Best | -35.1% |
| $10,000 over 5 years | $15,908 | $19,766Best |
| Top 10 Weight | - | 46.5% |
| Fund Family | First Trust Portfolios (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Growth |
| Inception | Mar 5, 2014 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Mar 6, 2014 to Sep 17, 2026 (12.5 years).
FV 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 12.5 years both funds cover.
FV vs QQQ Performance
First Trust Dorsey Wright Focus 5 ETF (FV) is an ETF from First Trust Portfolios (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year FV returned +19.03% while QQQ returned +22.10%. Year to date, FV is up 14.05% versus a gain of 17.21% for QQQ.
Over three years, FV compounded at +17.54% per year against +25.27% for QQQ; over five years the annualized figures are +9.73% and +14.60% respectively. Across the full 13-year window we track, QQQ has the edge at +18.21% annualized vs +11.20%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FV and QQQ have been equally volatile, both at 18.2% annualized.
The deepest peak-to-trough decline in our data was -34.0% for FV and -35.1% 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FV charges 0.89% per year while QQQ charges 0.18%. On a $10,000 position that is $89 vs $18 annually, a gap of $71 per year that compounds over a long holding period. On income, FV currently yields 0.50% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 5 holdings in FV and 102 in QQQ, totalling 100.0% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 5 positions we hold weights for in FV and 102 in QQQ, against full books of 6 and 107.
What only one of them owns
Our book lists 96 positions for QQQ that do not appear in our book for FV (97.5% of the fund), and 5 for FV that do not appear in QQQ (100.0%).
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.
You are not choosing between two funds in isolation.
Whichever of FV 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, FV or QQQ?
FV has an expense ratio of 0.89% while QQQ charges 0.18%. QQQ is the cheaper option, by $71 a year on a $10,000 investment.
Which performed better, FV or QQQ?
Over the past year FV returned +19.03% vs +22.10% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (13 years), FV annualized +11.20% vs +18.21% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FV or QQQ?
FV and QQQ have been equally volatile, both at 18.2% annualized. Worst drawdown: FV -34.0% vs QQQ -35.1%.
Should I hold both FV and QQQ?
FV and QQQ have a monthly-return correlation of 0.80, 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, FV or QQQ?
FV yields 0.50% while QQQ yields 0.44%, so FV currently pays the higher dividend yield.
Is QQQ better than FV?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.