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FTEC vs QQQ: Performance & Backtest Comparison
FTEC delivered the higher return - 22.25% CAGR vs 19.79% - over 2013-11-30 → 2026-06-30.
Growth comparison
Drawdown
Annual returns
| FTEC | QQQ | |
|---|---|---|
| Name | Fidelity MSCI Information Technology Index ETF | Invesco QQQ Trust, Series 1 |
| CAGR | 22.25% | 19.79% |
| Total return | 1174.17% | 885.23% |
| Volatility | 19.62% | 18.00% |
| Max drawdown | -32.42%Sep 2022 | -32.58%Dec 2022 |
| Sharpe | 1.04 | 1.00 |
| Sortino | 1.81 | 1.63 |
| Best year | 53.30% | 54.86% |
| Worst year | -29.59% | -32.58% |
| Final balance | $127,417 | $98,523 |
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 2026-06-30, FTEC performed better: 22.25% annualized versus 19.79% 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 19.62% annualized volatility and a -32.42% max drawdown, versus 18.00% and -32.58% for QQQ.