QQQ vs XFIX
Invesco QQQ Trust, Series 1 vs F/m Opportunistic Income ETF
Which is better, QQQ or XFIX?
Large Cap Growth against Long Term Government Bond.
QQQ has a lower expense ratio. QQQ led over 1Y 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 | QQQ | XFIX |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.40% |
| AUM | $483.5B | $38M |
| Dividend Yield | 0.44% | 5.43% |
| Holdings | 107 | 58 |
| Volatility (annualized) | 14.5% | 5.7%Best |
| Max Drawdown | -22.8% | -3.7%Best |
| $10,000 over 2.3 years | $16,572Best | $11,878 |
| Fund Family | Invesco (US) | F-m investments |
| Category | Equity | Fixed Income |
| Style | Large Cap Growth | Long Term Government Bond |
| Inception | Mar 10, 1999 | Sep 6, 2023 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 257 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. QQQ has data through Sep 14, 2026 and XFIX through Dec 31, 2025.
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Sep 6, 2023 to Dec 31, 2025 (2.3 years).
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 14.5% compared with 5.7% for XFIX. 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 -22.8% for QQQ and -3.7% for XFIX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.53. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while XFIX charges 0.40%. On a $10,000 position that is $18 vs $40 annually, a gap of $22 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 5.43% for XFIX.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 24 in XFIX, totalling 99.9% and 56.4% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 309 days apart, QQQ as of Aug 5, 2026 and XFIX as of Sep 30, 2025, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 102 positions we hold weights for in QQQ and 24 in XFIX, against full books of 107 and 58.
You are not choosing between two funds in isolation.
Whichever of QQQ and XFIX 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, QQQ or XFIX?
QQQ has an expense ratio of 0.18% while XFIX charges 0.40%. QQQ is the cheaper option, by $22 a year on a $10,000 investment.
Which is riskier, QQQ or XFIX?
QQQ has been the more volatile fund at 14.5% annualized versus 5.7% for XFIX. Worst drawdown: QQQ -22.8% vs XFIX -3.7%.
Should I hold both QQQ and XFIX?
QQQ and XFIX have a monthly-return correlation of 0.53, 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, QQQ or XFIX?
QQQ yields 0.44% while XFIX yields 5.43%, so XFIX currently pays the higher dividend yield.
Is XFIX better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.