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FTEC vs QQQ: Performance & Backtest Comparison
FTEC delivered the higher return - 21.10% CAGR vs 18.92% - over 2013-11-30 → 2026-07-31.
Growth comparison
Drawdown
Annual returns
| FTEC | QQQ | |
|---|---|---|
| Name | Fidelity MSCI Information Technology Index ETF | Invesco QQQ Trust, Series 1 |
| CAGR | 21.10% | 18.92% |
| Total return | 1048.13% | 811.16% |
| Volatility | 19.73% | 18.07% |
| Max drawdown | -32.58%Sep 2022 | -32.70%Dec 2022 |
| Sharpe | 0.98 | 0.96 |
| Sortino | 1.74 | 1.59 |
| Best year | 52.51% | 54.85% |
| Worst year | -29.92% | -32.70% |
| Final balance | $114,813 | $91,116 |
Correlation of monthly returns: 0.97. Wondering if you need both? Check their fund overlap →
All figures are total returns: every dividend and distribution is reinvested on its ex-date, and prices are split-adjusted. See the methodology.
Frequently asked questions
Which has performed better, FTEC or QQQ?
Over 2013-11-30 to 2026-07-31, FTEC performed better: 21.10% annualized versus 18.92% for QQQ, with dividends reinvested. Past performance does not guarantee future results.
How similar are FTEC and QQQ?
Their monthly returns have a correlation of 0.97 over the common period. FTEC is Fidelity MSCI Information Technology Index ETF; QQQ is Invesco QQQ Trust, Series 1.
Which is riskier, FTEC or QQQ?
Over the common period FTEC had 19.73% annualized volatility and a -32.58% max drawdown, versus 18.07% and -32.70% for QQQ.