FTEC vs. QQQM
Fidelity MSCI Information Technology Index ETF
Invesco Exchange-Traded Fund Trust II Invesco NASDAQ 100 ETF
Correlation
Compare with
Top 10 shared holdings
Performance Measures**
for the time period Oct 24, 2013 to Dec 4, 2025
1M Trailing Return:
3M Trailing Return:
-1.3%
10.0%
0.6%
8.4%
-1.9%
+1.6%
1M Trailing Return:
3M Trailing Return:
-1.3%
10.0%
0.6%
8.4%
-1.9%
+1.6%
Max Drawdown:
Standard Deviation:
-35.0%
23.2%
-35.0%
22.5%
—
+0.7%
Max Drawdown:
Standard Deviation:
-35.0%
23.2%
-35.0%
22.5%
—
+0.7%
Sharpe Ratio:
Calmar Ratio:
0.95
0.61
0.79
0.47
+0.16
+0.14
Sharpe Ratio:
Calmar Ratio:
0.95
0.61
0.79
0.47
+0.16
+0.14
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.
What is QQQM?
The Invesco NASDAQ 100 ETF (Fund) is based on the NASDAQ-100 Index (Index). The Fund will invest at least 90% of its total assets in the securities that comprise the Index. The Index includes securities of 100 of the largest domestic and international nonfinancial companies listed on Nasdaq. The Fund and Index are rebalanced quarterly and reconstituted annually.
Snapshot**
- Liquidity: In an active trading strategy (trading multiple time per week), it’s important to consider the liquidity of the ETF you’re using. Lower liquidity can mean more money lost in slippage. AUM and average daily volume are both indicators of liquidity.
- Expense: Some ETFs are more expensive to use than others. For strategies that are focused on longer holding periods, it’s important to factor in how expensive it is to hold this ETF. Expense ratio is the main indicator of how expensive an ETF is.
- Risk: Some ETFs will be highly correlated, but have varying degrees of returns, due to leverage. It’s important to consider if an ETF is using leverage or not. The main indicators of a riskier ETF will be the use of leverage and higher standard deviation or max drawdown in a backtest.
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
12.61%
Trading Strategies
Related toQQQM
FTL's 🌟 Starburst GEN-II v1.c w/ BWC Ultimate FR [Removed BB] Added Walter's Champagne and Cocaine Strats and NOVA | (multiple TQQQ, one crypto) KMLM Switcher MonkeyBusiness WM74 + Wash
Category
Tactical multi-asset, leveraged ETFs, volatility hedging, managed futures, mean reversion, momentum, regime switching, daily rebalancing
OOS Cumulative Return
208.65%
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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.