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QQQM vs. FTEC

Invesco Exchange-Traded Fund Trust II Invesco NASDAQ 100 ETF

QQQM
$
Today’s Change
()
vs

Fidelity MSCI Information Technology Index ETF

FTEC
$
Today’s Change
()

Correlation

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

Performance Measures**

for the time period Oct 13, 2020 to Dec 5, 2025

Returns

1M Trailing Return:

3M Trailing Return:

QQQM

0.4%

8.7%

FTEC

-1.2%

10.2%

Diff.

+1.6%

-1.5%

Measures of Risk or Volatility

Max Drawdown:

Standard Deviation:

QQQM

-35.0%

22.5%

FTEC

-35.0%

25.1%

Diff.

-2.6%

Measures of Risk-Adjusted Performance

Sharpe Ratio:

Calmar Ratio:

QQQM

0.79

0.47

FTEC

0.82

0.54

Diff.

-0.03

-0.07

QQQMInvesco Exchange-Traded Fund Trust II Invesco NASDAQ 100 ETF
FTECFidelity MSCI Information Technology Index ETF

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
**

QQQM Invesco Exchange-Traded Fund Trust II Invesco NASDAQ 100 ETF
FTEC Fidelity MSCI Information Technology Index ETF
Inception date
Oct 13, 2020
Oct 24, 2013
Expense ratio
0.15%
0.08%
QQQM has a higher expense ratio than FTEC by 0.06%. This can indicate that it’s more expensive to invest in QQQM than FTEC.
Type
US Equities
US Equities
QQQM targets investing in US Equities, while FTEC targets investing in US Equities.
Fund owner
Invesco
Fidelity
QQQM is managed by Invesco, while FTEC is managed by Fidelity.
Volume (1m avg. daily)
$154,621,362
$25,275,556
Both QQQM and FTEC 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
$14,236,186,221
$6,896,905,950
QQQM has more assets under management than FTEC by $7,339,280,271. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
Nasdaq 100 Index
MSCI USA IMI Information Technology 25/50 Index
QQQM is based off of the Nasdaq 100 Index, while FTEC is based off of the MSCI USA IMI Information Technology 25/50 Index
Inverse/Leveraged
No
No
Neither QQQM nor FTEC use an inverse or leveraged strategy.
Passive/Active
Passive
Passive
QQQM and FTEC 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
QQQM and FTEC may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither QQQM nor FTEC require a K1.

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

209.62%

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

13.64%

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.