FIXP vs QQQ
FIXP vs QQQ
FolioBeyond Enhanced Fixed Income Premium 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 | FIXP | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.01% | 0.18% | |
| AUM | $10M | $455.8B | |
| Dividend Yield | 5.67% | 0.41% | |
| Holdings | 6 | 108 | |
| YTD Return | +2.05% | +14.45% | |
| 1Y Return | +6.19% | +24.70% | |
| 3Y Return (annualized) | - | +24.19% | |
| 5Y Return (annualized) | - | +14.49% | |
| Volatility (annualized) | 2.6% | 30.6% | |
| Max Drawdown | -3.4% | -83.0% | |
| Fund Family | FolioBeyond | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jan 22, 2025 | Mar 10, 1999 |
FIXP vs QQQ Performance
FolioBeyond Enhanced Fixed Income Premium ETF (FIXP) is a ETF from FolioBeyond and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year FIXP returned +6.19% while QQQ returned +24.70%. Year to date, FIXP is up 2.05% versus a gain of 14.45% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 2.6% for FIXP. 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 -3.4% for FIXP 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 0.42. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FIXP charges 1.01% per year while QQQ charges 0.18%. On a $10,000 position that is $101 vs $18 annually, a gap of $83 per year that compounds over a long holding period. On income, FIXP currently yields 5.67% against 0.41% for QQQ.
Holdings Overlap
FIXP and QQQ share 0 holdings out of 109 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, FIXP or QQQ?
FIXP has an expense ratio of 1.01% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $83 per year of difference.
Which performed better, FIXP or QQQ?
Over the past year FIXP returned +6.19% vs +24.70% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), FIXP annualized +4.51% vs +12.98% for QQQ. Past performance does not guarantee future results.
Which is riskier, FIXP or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 2.6% for FIXP. Worst drawdown: FIXP -3.4% vs QQQ -83.0%.
Should I hold both FIXP and QQQ?
FIXP and QQQ have a monthly-return correlation of 0.42, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FIXP and QQQ?
FIXP and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 109 unique securities.
Which pays a higher dividend, FIXP or QQQ?
FIXP yields 5.67% while QQQ yields 0.41%, so FIXP currently pays the higher dividend yield.
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