FWD vs QQQ
AB Disruptors ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. FWD delivered stronger 1-year returns. FWD offers more diversification with 125 holdings.
Side-by-Side Comparison
| Metric | FWD | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.18% | |
| AUM | $3.3B | $496.3B | |
| Dividend Yield | 0.09% | 0.44% | |
| Holdings | 125 | 108 | |
| YTD Return | +26.84% | +19.52% | |
| 1Y Return | +45.05% | +26.68% | |
| 3Y Return (annualized) | +35.54% | +26.64% | |
| 5Y Return (annualized) | - | +15.36% | |
| Volatility (annualized) | 24.4% | 30.6% | |
| Max Drawdown | -29.0% | -83.0% | |
| Fund Family | AllianceBernstein L.P. | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Mar 22, 2023 | Mar 10, 1999 |
FWD vs QQQ Performance
AB Disruptors ETF (FWD) is a ETF from AllianceBernstein L.P. and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year FWD returned +45.05% while QQQ returned +26.68%. Year to date, FWD is up 26.84% versus a gain of 19.52% for QQQ.
Over three years, FWD compounded at +35.54% per year against +26.64% for QQQ. Across the full 3-year window we track, FWD has the edge at +35.13% annualized vs +13.14%. 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 24.4% for FWD. 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 -29.0% for FWD 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FWD charges 0.65% per year while QQQ charges 0.18%. On a $10,000 position that is $65 vs $18 annually, a gap of $47 per year that compounds over a long holding period. On income, FWD currently yields 0.09% against 0.44% for QQQ.
Holdings Overlap
FWD and QQQ share 33 holdings out of 177 unique holdings combined, representing a 31.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FWD or QQQ?
FWD has an expense ratio of 0.65% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, FWD or QQQ?
Over the past year FWD returned +45.05% vs +26.68% for QQQ, so FWD leads on 1-year performance. Over the longest common window we track (3 years), FWD annualized +35.13% vs +13.14% for QQQ. Past performance does not guarantee future results.
Which is riskier, FWD or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 24.4% for FWD. Worst drawdown: FWD -29.0% vs QQQ -83.0%.
Should I hold both FWD and QQQ?
FWD and QQQ have a monthly-return correlation of 0.92, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between FWD and QQQ?
FWD and QQQ share 33 common holdings with a 31.3% weight overlap. Combined, they hold 177 unique securities.
Which pays a higher dividend, FWD or QQQ?
FWD yields 0.09% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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