FCBD vs QQQ
FCBD vs QQQ
Frontier Asset Core Bond ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | FCBD | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.84% | 0.18% | |
| AUM | $40M | $455.8B | |
| Dividend Yield | 4.15% | 0.41% | |
| Holdings | 8 | 108 | |
| YTD Return | +0.57% | +18.20% | |
| 1Y Return | +2.56% | +27.63% | |
| 3Y Return (annualized) | - | +25.54% | |
| 5Y Return (annualized) | - | +15.12% | |
| Volatility (annualized) | 2.0% | 30.6% | |
| Max Drawdown | -1.6% | -83.0% | |
| Fund Family | Frontier Asset Management | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Dec 19, 2024 | Mar 10, 1999 |
FCBD vs QQQ Performance
Frontier Asset Core Bond ETF (FCBD) is a ETF from Frontier Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year FCBD returned +2.56% while QQQ returned +27.63%. Year to date, FCBD is up 0.57% versus a gain of 18.20% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 2.0% for FCBD. 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 -1.6% for FCBD 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 0.13. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FCBD charges 0.84% per year while QQQ charges 0.18%. On a $10,000 position that is $84 vs $18 annually, a gap of $66 per year that compounds over a long holding period. On income, FCBD currently yields 4.15% against 0.41% for QQQ.
Holdings Overlap
FCBD and QQQ share 0 holdings out of 110 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, FCBD or QQQ?
FCBD has an expense ratio of 0.84% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $66 per year of difference.
Which performed better, FCBD or QQQ?
Over the past year FCBD returned +2.56% vs +27.63% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), FCBD annualized +4.09% vs +13.11% for QQQ. Past performance does not guarantee future results.
Which is riskier, FCBD or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 2.0% for FCBD. Worst drawdown: FCBD -1.6% vs QQQ -83.0%.
Should I hold both FCBD and QQQ?
FCBD and QQQ have a monthly-return correlation of 0.13, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FCBD and QQQ?
FCBD and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 110 unique securities.
Which pays a higher dividend, FCBD or QQQ?
FCBD yields 4.15% while QQQ yields 0.41%, so FCBD currently pays the higher dividend yield.
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