FTRB vs QQQ
FTRB vs QQQ
Federated Hermes Total Return Bond ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. FTRB offers more diversification with 405 holdings.
Side-by-Side Comparison
| Metric | FTRB | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.18% | |
| AUM | $599M | $455.8B | |
| Dividend Yield | 4.27% | 0.41% | |
| Holdings | 475 | 108 | |
| YTD Return | -0.51% | +12.48% | |
| 1Y Return | +3.18% | +22.35% | |
| 3Y Return (annualized) | - | +22.30% | |
| 5Y Return (annualized) | - | +14.24% | |
| Volatility (annualized) | 4.4% | 30.6% | |
| Max Drawdown | -4.8% | -83.0% | |
| Fund Family | Federated Hermes | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jan 2, 2024 | Mar 10, 1999 |
FTRB vs QQQ Performance
Federated Hermes Total Return Bond ETF (FTRB) is a ETF from Federated Hermes and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year FTRB returned +3.18% while QQQ returned +22.35%. Year to date, FTRB is down 0.51% versus a gain of 12.48% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 4.4% for FTRB. 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 -4.8% for FTRB 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 0.21. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FTRB charges 0.39% per year while QQQ charges 0.18%. On a $10,000 position that is $39 vs $18 annually, a gap of $21 per year that compounds over a long holding period. On income, FTRB currently yields 4.27% against 0.41% for QQQ.
Holdings Overlap
FTRB and QQQ share 0 holdings out of 508 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, FTRB or QQQ?
FTRB has an expense ratio of 0.39% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $21 per year of difference.
Which performed better, FTRB or QQQ?
Over the past year FTRB returned +3.18% vs +22.35% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), FTRB annualized +3.70% vs +12.91% for QQQ. Past performance does not guarantee future results.
Which is riskier, FTRB or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 4.4% for FTRB. Worst drawdown: FTRB -4.8% vs QQQ -83.0%.
Should I hold both FTRB and QQQ?
FTRB and QQQ have a monthly-return correlation of 0.21, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FTRB and QQQ?
FTRB and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 508 unique securities.
Which pays a higher dividend, FTRB or QQQ?
FTRB yields 4.27% while QQQ yields 0.41%, so FTRB currently pays the higher dividend yield.
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