QQQ vs XFIX
QQQ vs XFIX
Invesco QQQ Trust, Series 1 vs F/m Opportunistic Income ETF
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 | QQQ | XFIX | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.40% | |
| AUM | $455.8B | $38M | |
| Dividend Yield | 0.41% | 5.43% | |
| Holdings | 108 | 58 | |
| YTD Return | +18.34% | +5.57% | |
| 1Y Return | +28.94% | +5.57% | |
| 3Y Return (annualized) | +25.28% | - | |
| 5Y Return (annualized) | +15.22% | - | |
| Volatility (annualized) | 30.6% | 5.7% | |
| Max Drawdown | -83.0% | -3.7% | |
| Fund Family | Invesco (US) | F-m investments | |
| Category | Equity | Fixed Income | |
| Inception | Mar 10, 1999 | Sep 6, 2023 |
QQQ vs XFIX Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and F/m Opportunistic Income ETF (XFIX) is a ETF from F-m investments. Over the past year QQQ returned +28.94% while XFIX returned +5.57%. Year to date, QQQ is up 18.34% versus a gain of 5.57% for XFIX.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% 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 -83.0% for QQQ and -3.7% for XFIX. 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 0.53. They move independently enough that combining them can meaningfully diversify a portfolio.
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 0.41% against 5.43% for XFIX.
Holdings Overlap
QQQ and XFIX share 0 holdings out of 127 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, QQQ or XFIX?
QQQ has an expense ratio of 0.18% while XFIX charges 0.40%. QQQ is the cheaper option. On a $10,000 investment, that is $22 per year of difference.
Which performed better, QQQ or XFIX?
Over the past year QQQ returned +28.94% vs +5.57% for XFIX, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +13.12% vs +7.77% for XFIX. Past performance does not guarantee future results.
Which is riskier, QQQ or XFIX?
QQQ has been the more volatile fund at 30.6% annualized versus 5.7% for XFIX. Worst drawdown: QQQ -83.0% vs XFIX -3.7%.
Should I hold both QQQ and XFIX?
QQQ and XFIX have a monthly-return correlation of 0.53, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and XFIX?
QQQ and XFIX share 0 common holdings with a 0.0% weight overlap. Combined, they hold 127 unique securities.
Which pays a higher dividend, QQQ or XFIX?
QQQ yields 0.41% while XFIX yields 5.43%, so XFIX currently pays the higher dividend yield.
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