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FTEC vs QQQ

Fidelity MSCI Information Technology Index ETF

FTECANYSE Arca

Invesco QQQ Trust, Series 1

QQQANasdaq

Overlap

Expense ratio

FTEC −0.10pt a year

FTEC0.08%QQQ0.18%

Avg volume · 30D

QQQ 134.3×the volume

FTEC275KQQQ36.9M

10Y return · a year

FTEC +3.6pt

FTEC+24.4%QQQ+20.8%

FTEC vs QQQ Performance

Oct 28, 2021 – Oct 28, 2026

+138.4%FTEC+94.6%QQQ

Oct 28, 2021 to Oct 28, 2026. FTEC +138.4%. QQQ +94.6%. Use the arrow keys to read each point.0%50%Oct 2021Apr 2024Oct 2026
Expense ratio
FTEC 0.08%, better
QQQ 0.18%
Fund size
FTEC $22.2B
QQQ $477B
1Y total return
FTEC +25.0%, better
QQQ +15.2%
Yield (12M)
FTEC 0.38%
QQQ 0.43%, better
Holdings
FTEC 292
QQQ 105
Avg volume (30D)
FTEC 275K sh
QQQ 36.9M sh, better
NAV per share
FTEC $294.64
QQQ $712.04
52W range

ETF.net Grade

FTEC: Cost 98, Risk 55, Mission not scored, Tradability 88, Holdings 38, Durability 73. QQQ: Cost 64, Risk 49, Mission 100, Tradability 93, Holdings 61, Durability 81.
Pillar letters and Scores for FTEC, QQQ, with each pillar’s weight
PillarFTECQQQ
Cost30% weightA98B64
Mission25% weightNot scoredA100
Risk15% weightB55C49
Tradability15% weightA88A93
Holdings10% weightD38B61
Durability5% weightA73A81

Where each fund ranks

How we build Categories ›
Different Categories. Each fund is graded against different funds, so their Grades do not compare head to head.

Different Categories. Their Grades do not compare head to head.

Technology (Broad)⁠

Category · 23 funds
See all 23 ›

FTEC ranks 2nd of 23 funds in the Technology (Broad) Category.

  1. Rank 1AXLKState Street Technology Select Sector SPDR ETFScore 80
  2. Rank 2AFTECFidelity MSCI Information Technology Index ETFScore 77
  3. Rank 3AVGTVanguard Information Technology ETFScore 70

Nasdaq-100⁠

Category · 10 funds
See all 10 ›

QQQ ranks 2nd of 10 funds in the Nasdaq-100 Category.

  1. Rank 1AQQQMInvesco NASDAQ 100 ETFScore 77
  2. Rank 2AQQQInvesco QQQ Trust, Series 1Score 75
  3. Rank 3AIQQiShares Nasdaq 100 ETFScore 71

Our read on each fund

ETF.net Research

FTECAFidelity MSCI Information Technology Index ETF

QQQAInvesco QQQ Trust, Series 1

In short

FTEC Fidelity's tech sleeve runs 0.08% a year and holds about 300 names, tracking an MSCI index that reaches from mega-cap chipmakers down into small-cap software. Cheap beta on the whole US tech stack, not just the giants.

QQQ The 1999 original. QQQ tracks the Nasdaq-100, roughly 100 of the largest non-financial companies listed on the Nasdaq, and has become one of the most heavily traded funds on the market.

Stated mandate

FTEC Seeks to track, before fees and expenses, the performance of the MSCI USA IMI Information Technology Index.

QQQ The trust is designed to match the pre-expense investment performance of the Nasdaq-100 Index.

Why people hold it

  • FTEC At 0.08%, it ties the cheapest fund in its broad-tech group and undercuts VGT's 0.09%, against a cohort median of 0.40%. On a sector sleeve, that gap compounds quietly.
  • The MSCI USA IMI benchmark covers large, mid and small cap US tech, so the roughly 300 holdings stretch past the mega-cap tier alone.msci.com
  • Trading since 2013 and now a multi-billion-dollar fund, it sits in the top quartile of its broad technology peer group.
  • QQQ Launched in 1999, it is one of the longest-running ETFs in the US and one of the most actively traded, which usually means tight spreads and easy fills at size.
  • The mandate is simple: match the Nasdaq-100 before expenses. Tracking has stayed about as close to the index as this structure allows.
  • At 0.18%, the fee sits below the typical Nasdaq-100 tracker, and the fund is one of the largest ETFs in existence.
  • The index screens out financial companies, so you own Nasdaq-listed tech, consumer and healthcare heavyweights rather than a broad slice of the market.nasdaq.com

Worth knowing

  • FTEC Membership follows GICS Information Technology, so several household-name tech businesses classified into other sectors never show up here.msci.com
  • One sector, one story: tech moves harder than the broad market in both directions, and roughly 300 names does not soften that.
  • Distributions arrive quarterly, and a growth-heavy sector index is not built around payouts.
  • QQQ Invesco's own QQQM follows the same index for 0.15%. QQQ's edge is trading depth, not price.
  • About 100 market-cap-weighted names with no financials: the biggest few carry a lot of the index, and sector swings land harder than in a total-market fund.nasdaq.com
  • Income is a side effect here, not the point. Distributions are paid quarterly and the index leans toward growth companies.nasdaq.com

Full FTEC profile⁠

Full QQQ profile⁠

FTEC vs QQQ Holdings

Holdings as of Oct 29, 2026 for FTEC and Oct 28, 2026 for QQQ

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FTEC vs QQQ Cost

Overpaying QQQ vs FTEC

$1,976

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FTEC 0.084%

    $1,773

  • QQQ 0.18%

    $3,749

$10,000
30 years

Cost over time

  • FTEC 0.084%
  • QQQ 0.18%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K051015202530QQQ $3,749FTEC $1,773

Year by year

YearFTECQQQOverpaying
10$154$328$174
20$603$1,281$678
30$1,773$3,749$1,976

Expense ratio

  • 0.08%FTEC, cheaper
  • 0.18%QQQ

Different Categories. Each fund is graded against different funds, so their Grades do not compare head to head.Different Categories, so each fee sits in its own Category’s range.

FTEC among 23 Technology (Broad) funds

  • Middle half of Technology (Broad) funds
  • Median 0.45%

FTEC 2nd cheapest of 23 funds

QQQ among 10 Nasdaq-100 funds

  • Middle half of Nasdaq-100 funds
  • Median 0.20%

QQQ 4th cheapest of 10 funds

FTEC vs QQQ Dividends

Last 12 months to Oct 28, 2026
Yield (12M)
FTEC 0.38%
QQQ 0.43%, better
Payout (12M)
FTEC $1.11
QQQ $3.09
Last payment
FTEC $0.33
QQQ $0.75
Ex-dividend
FTEC Sep 18, 2026
QQQ Sep 21, 2026
Paid on
FTEC Sep 22, 2026
QQQ Oct 8, 2026
Frequency
FTEC Quarterly
QQQ Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

FTECQuarterly · 39 paymentsAll FTEC payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.10; Jun 16, 2017 $0.12; Sep 15, 2017 $0.12; Dec 15, 2017 $0.13; Mar 16, 2018 $0.12; Jun 15, 2018 $0.14; Sep 21, 2018 $0.14; Dec 21, 2018 $0.19; Mar 15, 2019 $0.18; Jun 21, 2019 $0.19; Sep 20, 2019 $0.19; Dec 20, 2019 $0.19; Mar 20, 2020 $0.28; Jun 19, 2020 $0.20; Sep 18, 2020 $0.19; Dec 18, 2020 $0.20; Mar 19, 2021 $0.20; Jun 18, 2021 $0.20; Sep 17, 2021 $0.20; Dec 17, 2021 $0.26; Mar 18, 2022 $0.21; Jun 17, 2022 $0.22; Sep 16, 2022 $0.22; Dec 16, 2022 $0.23; Mar 17, 2023 $0.23; Jun 16, 2023 $0.22; Sep 15, 2023 $0.22; Dec 15, 2023 $0.43; Mar 15, 2024 $0.24; Jun 21, 2024 $0.23; Sep 20, 2024 $0.23; Dec 20, 2024 $0.21; Mar 21, 2025 $0.23; Jun 20, 2025 $0.23; Sep 19, 2025 $0.23; Dec 19, 2025 $0.27; Mar 20, 2026 $0.22; Jun 18, 2026 $0.29; Sep 18, 2026 $0.33. Use the arrow keys to read each point.$0$0.502017202020232026YTD
QQQQuarterly · 40 paymentsAll QQQ payments⁠
One bar per payment. 40 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.27; Jun 16, 2017 $0.38; Sep 18, 2017 $0.32; Dec 18, 2017 $0.33; Mar 19, 2018 $0.28; Jun 18, 2018 $0.38; Sep 24, 2018 $0.33; Dec 24, 2018 $0.42; Mar 18, 2019 $0.32; Jun 24, 2019 $0.42; Sep 23, 2019 $0.38; Dec 23, 2019 $0.46; Mar 23, 2020 $0.36; Jun 22, 2020 $0.42; Sep 21, 2020 $0.39; Dec 21, 2020 $0.56; Mar 22, 2021 $0.39; Jun 21, 2021 $0.40; Sep 20, 2021 $0.41; Dec 20, 2021 $0.49; Mar 21, 2022 $0.43; Jun 21, 2022 $0.53; Sep 19, 2022 $0.52; Dec 19, 2022 $0.66; Mar 20, 2023 $0.47; Jun 20, 2023 $0.50; Sep 18, 2023 $0.54; Dec 18, 2023 $0.81; Dec 27, 2023 $0.22; Mar 18, 2024 $0.57; Jun 24, 2024 $0.76; Sep 23, 2024 $0.68; Dec 23, 2024 $0.83; Mar 24, 2025 $0.72; Jun 23, 2025 $0.59; Sep 22, 2025 $0.69; Dec 22, 2025 $0.79; Mar 23, 2026 $0.73; Jun 22, 2026 $0.81; Sep 21, 2026 $0.75. Use the arrow keys to read each point.$0$0.502017202020232026YTD

FTEC vs QQQ Risk

Fall from peak · 5 years

  • FTEC
  • QQQ
Oct 28, 2021 to Oct 28, 2026. Worst fall: QQQ −35.1% · Nov 2022. Use the arrow keys to read each point.−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
FTEC 21.7%QQQ 17.3%, better
Return per unit of riskSharpe ratio, 3 years
FTEC 1.31, betterQQQ 1.27
Worst fallMax drawdown, 5 years
FTEC −35.0%, betterQQQ −35.1%
Market sensitivityBeta, 5 years
FTEC 1.35QQQ 1.23

FTEC and QQQ in the news

All news⁠

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