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FTEC vs. QQQ

Fidelity MSCI Information Technology Index ETF

FTEC
$
Today’s Change
()
vs

Invesco QQQ Trust, Series 1

QQQ
$
Today’s Change
()

Correlation

1M
3M
6M
YTD
1Y
3Y
Max

Performance Measures**

for the time period Oct 24, 2013 to Dec 16, 2025

Returns

1M Trailing Return:

3M Trailing Return:

FTEC

0.5%

3.5%

QQQ

1.3%

3.6%

Diff.

-0.8%

-0.1%

Measures of Risk or Volatility

Max Drawdown:

Standard Deviation:

FTEC

-35.0%

23.2%

QQQ

-35.1%

21.3%

Diff.

+0.1%

+1.9%

Measures of Risk-Adjusted Performance

Sharpe Ratio:

Calmar Ratio:

FTEC

0.94

0.60

QQQ

0.92

0.54

Diff.

+0.02

+0.06

FTECFidelity MSCI Information Technology Index ETF
QQQInvesco QQQ Trust, Series 1

What is FTEC?

The ETF seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Information Technology 25/50 Index.

Snapshot
**

FTEC Fidelity MSCI Information Technology Index ETF
QQQ Invesco QQQ Trust, Series 1
Inception date
Oct 24, 2013
Mar 10, 1999
Expense ratio
0.08%
0.2%
FTEC has a lower expense ratio than QQQ by 0.12%. This can indicate that it’s cheaper to invest in FTEC than QQQ.
Type
US Equities
US Equities
FTEC targets investing in US Equities, while QQQ targets investing in US Equities.
Fund owner
Fidelity
Invesco
FTEC is managed by Fidelity, while QQQ is managed by Invesco.
Volume (1m avg. daily)
$25,275,556
$17,559,045,883
Both FTEC and QQQ are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$6,896,905,950
$197,956,569,440
FTEC has more assets under management than QQQ by $191,059,663,490. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
MSCI USA IMI Information Technology 25/50 Index
Nasdaq 100 Index
FTEC is based off of the MSCI USA IMI Information Technology 25/50 Index, while QQQ is based off of the Nasdaq 100 Index
Inverse/Leveraged
No
No
Neither FTEC nor QQQ use an inverse or leveraged strategy.
Passive/Active
Passive
Passive
FTEC and QQQ both use a Passive investing strategy. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.
Dividend
No
No
FTEC and QQQ may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
QQQ may issue a K1, while FTEC does not. You can find non-K1 alternatives for QQQ in its “Related ETFs” section.

Trading Strategies
Related toFTEC

KMLMNOVA MIX INV VOL WM 74

Category

Leveraged tech momentum, volatility hedges, managed futures, RSI signals, regime switching

OOS Cumulative Return

21.02%

Trading Strategies
Related toQQQ

E$[NO K-1 50/50] ☢️ Mod of V1.11 The Manhattan Project | 50% TQQQ Minimal | 50% Beta Baller + TCCC

Category

Tactical allocation, trend-following, mean reversion, leveraged ETFs, volatility hedging, macro regime rotation, risk management

OOS Cumulative Return

917.8%

Create your own algorithmic
trading strategy

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.