QQQ vs. FSPTX
Compare and contrast key facts about Invesco QQQ ETF (QQQ) and Fidelity Select Technology Portfolio (FSPTX).
QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. FSPTX is managed by Fidelity. It was launched on Jul 13, 1981.
Performance
QQQ vs. FSPTX - Performance Comparison
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Returns By Period
In the year-to-date period, QQQ achieves a -4.65% return, which is significantly lower than FSPTX's -2.05% return. Over the past 10 years, QQQ has underperformed FSPTX with an annualized return of 19.05%, while FSPTX has yielded a comparatively higher 23.10% annualized return.
QQQ
- 1D
- 0.11%
- 1M
- -3.81%
- YTD
- -4.65%
- 6M
- -2.77%
- 1Y
- 39.07%
- 3Y*
- 22.97%
- 5Y*
- 13.18%
- 10Y*
- 19.05%
FSPTX
- 1D
- 0.50%
- 1M
- -1.10%
- YTD
- -2.05%
- 6M
- -1.90%
- 1Y
- 60.77%
- 3Y*
- 29.85%
- 5Y*
- 15.07%
- 10Y*
- 23.10%
QQQ vs. FSPTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
QQQ Invesco QQQ ETF | -4.65% | 20.77% | 25.58% | 54.86% | -32.58% | 27.42% | 48.62% | 38.96% | -0.13% | 32.66% |
FSPTX Fidelity Select Technology Portfolio | -2.05% | 23.37% | 41.76% | 59.83% | -36.91% | 21.99% | 63.95% | 51.08% | -9.03% | 49.75% |
Correlation
The correlation between QQQ and FSPTX is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification — they'll tend to fall together during downturns. For meaningful risk reduction, look for holdings with correlations below 0.5.
QQQ vs. FSPTX - Expense Ratio Comparison
QQQ has a 0.18% expense ratio, which is lower than FSPTX's 0.67% expense ratio.
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Return for Risk
QQQ vs. FSPTX — Risk / Return Rank
QQQ
FSPTX
QQQ vs. FSPTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ ETF (QQQ) and Fidelity Select Technology Portfolio (FSPTX). 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.
| QQQ | FSPTX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.04 | 1.30 | -0.26 |
Sortino ratioReturn per unit of downside risk | 1.62 | 1.93 | -0.32 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.27 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.93 | 2.54 | -0.61 |
Martin ratioReturn relative to average drawdown | 7.00 | 8.63 | -1.63 |
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
| QQQ | FSPTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.04 | 1.30 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.56 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.86 | 0.90 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.53 | -0.15 |
Drawdowns
QQQ vs. FSPTX - Drawdown Comparison
The maximum QQQ drawdown since its inception was -82.97%, roughly equal to the maximum FSPTX drawdown of -84.37%. Use the drawdown chart below to compare losses from any high point for QQQ and FSPTX.
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Drawdown Indicators
| QQQ | FSPTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.97% | -84.37% | +1.40% |
Max Drawdown (1Y)Largest decline over 1 year | -11.96% | -13.71% | +1.75% |
Max Drawdown (5Y)Largest decline over 5 years | -35.12% | -42.16% | +7.04% |
Max Drawdown (10Y)Largest decline over 10 years | -35.12% | -42.16% | +7.04% |
Current DrawdownCurrent decline from peak | -7.75% | -7.56% | -0.19% |
Average DrawdownAverage peak-to-trough decline | -32.98% | -27.12% | -5.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.48% | 4.56% | -1.08% |
Volatility
QQQ vs. FSPTX - Volatility Comparison
The current volatility for Invesco QQQ ETF (QQQ) is 6.38%, while Fidelity Select Technology Portfolio (FSPTX) has a volatility of 8.28%. This indicates that QQQ experiences smaller price fluctuations and is considered to be less risky than FSPTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QQQ | FSPTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.38% | 8.28% | -1.90% |
Volatility (6M)Calculated over the trailing 6-month period | 12.82% | 17.27% | -4.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.69% | 29.41% | -6.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.37% | 27.25% | -4.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.24% | 25.85% | -3.61% |
Dividends
QQQ vs. FSPTX - Dividend Comparison
QQQ's dividend yield for the trailing twelve months is around 0.48%, less than FSPTX's 9.25% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQQ Invesco QQQ ETF | 0.48% | 0.45% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% |
FSPTX Fidelity Select Technology Portfolio | 9.25% | 9.06% | 9.42% | 0.01% | 3.95% | 11.62% | 18.86% | 1.86% | 23.77% | 8.32% | 1.54% | 4.19% |