FDL vs. QQJG
Compare and contrast key facts about First Trust Morningstar Dividend Leaders Index Fund (FDL) and Invesco ESG NASDAQ Next Gen 100 ETF (QQJG).
FDL and QQJG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FDL is a passively managed fund by First Trust that tracks the performance of the Morningstar Dividend Leaders Index. It was launched on Mar 9, 2006. QQJG is a passively managed fund by Invesco that tracks the performance of the Nasdaq Next Generation 100 ESG Index - Benchmark TR Gross. It was launched on Oct 27, 2021. Both FDL and QQJG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
FDL vs. QQJG - Performance Comparison
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FDL vs. QQJG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FDL First Trust Morningstar Dividend Leaders Index Fund | 15.49% | 14.79% | 17.98% | 2.94% | 6.66% | 8.47% |
QQJG Invesco ESG NASDAQ Next Gen 100 ETF | 1.44% | 18.05% | 14.67% | 17.20% | -27.69% | 0.91% |
Returns By Period
In the year-to-date period, FDL achieves a 15.49% return, which is significantly higher than QQJG's 1.44% return.
FDL
- 1D
- 0.43%
- 1M
- 0.01%
- YTD
- 15.49%
- 6M
- 19.42%
- 1Y
- 21.84%
- 3Y*
- 18.00%
- 5Y*
- 14.12%
- 10Y*
- 11.60%
QQJG
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 1.44%
- 6M
- 3.93%
- 1Y
- 28.17%
- 3Y*
- 14.20%
- 5Y*
- —
- 10Y*
- —
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FDL vs. QQJG - Expense Ratio Comparison
FDL has a 0.45% expense ratio, which is higher than QQJG's 0.20% expense ratio.
Return for Risk
FDL vs. QQJG — Risk / Return Rank
FDL
QQJG
FDL vs. QQJG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Morningstar Dividend Leaders Index Fund (FDL) and Invesco ESG NASDAQ Next Gen 100 ETF (QQJG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| FDL | QQJG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.47 | 1.31 | +0.16 |
Sortino ratioReturn per unit of downside risk | 2.06 | 1.92 | +0.14 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.29 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.96 | 1.63 | +0.33 |
Martin ratioReturn relative to average drawdown | 7.63 | 7.94 | -0.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FDL | QQJG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.47 | 1.31 | +0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.99 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.17 | +0.29 |
Correlation
The correlation between FDL and QQJG is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
FDL vs. QQJG - Dividend Comparison
FDL's dividend yield for the trailing twelve months is around 3.61%, less than QQJG's 13.86% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDL First Trust Morningstar Dividend Leaders Index Fund | 3.61% | 4.04% | 4.96% | 4.58% | 3.58% | 4.59% | 4.48% | 3.75% | 3.97% | 3.18% | 2.93% | 3.65% |
QQJG Invesco ESG NASDAQ Next Gen 100 ETF | 13.86% | 0.68% | 0.65% | 0.54% | 0.70% | 0.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FDL vs. QQJG - Drawdown Comparison
The maximum FDL drawdown since its inception was -65.93%, which is greater than QQJG's maximum drawdown of -36.76%. Use the drawdown chart below to compare losses from any high point for FDL and QQJG.
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Drawdown Indicators
| FDL | QQJG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.93% | -36.76% | -29.17% |
Max Drawdown (1Y)Largest decline over 1 year | -11.58% | -14.51% | +2.93% |
Max Drawdown (5Y)Largest decline over 5 years | -16.46% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -41.40% | — | — |
Current DrawdownCurrent decline from peak | -0.10% | -2.09% | +1.99% |
Average DrawdownAverage peak-to-trough decline | -9.73% | -15.85% | +6.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.10% | 3.12% | -0.02% |
Volatility
FDL vs. QQJG - Volatility Comparison
First Trust Morningstar Dividend Leaders Index Fund (FDL) has a higher volatility of 2.56% compared to Invesco ESG NASDAQ Next Gen 100 ETF (QQJG) at 0.00%. This indicates that FDL's price experiences larger fluctuations and is considered to be riskier than QQJG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FDL | QQJG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.56% | 0.00% | +2.56% |
Volatility (6M)Calculated over the trailing 6-month period | 8.16% | 11.78% | -3.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.96% | 21.80% | -6.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.31% | 22.13% | -7.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.09% | 22.13% | -5.04% |