FLCE vs QQQ
FLCE vs QQQ
Frontier Asset US Large Cap Equity 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 | FLCE | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.86% | 0.18% | |
| AUM | $80M | $455.8B | |
| Dividend Yield | 0.31% | 0.41% | |
| Holdings | 8 | 108 | |
| YTD Return | +12.17% | +18.20% | |
| 1Y Return | +21.38% | +27.63% | |
| 3Y Return (annualized) | - | +25.54% | |
| 5Y Return (annualized) | - | +15.12% | |
| Volatility (annualized) | 11.6% | 30.6% | |
| Max Drawdown | -17.5% | -83.0% | |
| Fund Family | Frontier Asset Management | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Dec 19, 2024 | Mar 10, 1999 |
FLCE vs QQQ Performance
Frontier Asset US Large Cap Equity ETF (FLCE) is a ETF from Frontier Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year FLCE returned +21.38% while QQQ returned +27.63%. Year to date, FLCE is up 12.17% 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 11.6% for FLCE. 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 -17.5% for FLCE 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FLCE charges 0.86% per year while QQQ charges 0.18%. On a $10,000 position that is $86 vs $18 annually, a gap of $68 per year that compounds over a long holding period. On income, FLCE currently yields 0.31% against 0.41% for QQQ.
Holdings Overlap
FLCE 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, FLCE or QQQ?
FLCE has an expense ratio of 0.86% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $68 per year of difference.
Which performed better, FLCE or QQQ?
Over the past year FLCE returned +21.38% vs +27.63% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), FLCE annualized +16.15% vs +13.11% for QQQ. Past performance does not guarantee future results.
Which is riskier, FLCE or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 11.6% for FLCE. Worst drawdown: FLCE -17.5% vs QQQ -83.0%.
Should I hold both FLCE and QQQ?
FLCE and QQQ have a monthly-return correlation of 0.91, 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 FLCE and QQQ?
FLCE and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 110 unique securities.
Which pays a higher dividend, FLCE or QQQ?
FLCE yields 0.31% while QQQ yields 0.41%, so QQQ currently pays the higher dividend yield.
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