FTEC vs QQQ: Complete Comparison
Fidelity MSCI Information Technology Index ETF vs Invesco QQQ Trust โ overlap, correlation, performance & risk analysis
Visual Overlap
Price Performance
Historical price comparison over 3M
๐Performance Comparison
โ๏ธHead-to-Head Comparison
๐ QQQ wins this comparison
Key Factors
โถAdditional Metrics (3)
Bottom line: QQQ wins with better expense ratio and number of holdings. Consider QQQ for your portfolio, but FTEC is still a solid choice if you prefer its specific advantages.
Detailed Overlap Analysis
7 shared holdings representing 31.8% portfolio overlap
Top Shared Holdings
| # | Stock | FTEC Weight | QQQ Weight | Overlap |
|---|---|---|---|---|
| 1 | NVDA NVIDIA Corp | 13.85% | 8.99% | 8.99% |
| 2 | AAPL Apple Inc | 16.52% | 7.94% | 7.94% |
| 3 | MSFT Microsoft Corp | 14.18% | 7.12% | 7.12% |
| 4 | AVGO Broadcom Inc | 5.12% | 3.24% | 3.24% |
| 5 | AMD Advanced Micro Devices | 2.18% | 1.90% | 1.90% |
| 6 | CSCO Cisco Systems Inc | 1.88% | 1.67% | 1.67% |
| 7 | ADBE Adobe Inc | 2.02% | 0.80% | 0.80% |
Overlap by Sector
Showing top 5 sectors by overlap contribution
Top Holdings Only in FTEC
Unique to FTEC
| Symbol | Name | Weight |
|---|---|---|
| CRM | Salesforce Inc | 2.42% |
| ORCL | Oracle Corp | 2.35% |
| ACN | Accenture plc | 1.95% |
Top Holdings Only in QQQ
Unique to QQQ
| Symbol | Name | Weight |
|---|---|---|
| AMZN | AMZN | 4.87% |
| TSLA | TSLA | 4.21% |
| META | META | 3.85% |
| GOOGL | GOOGL | 3.58% |
| GOOG | GOOG | 3.35% |
Price Correlation
How We Calculate Overlap
We use the minimum weight method with normalization to calculate portfolio overlap:
Overlap = ฮฃ min(weightA, weightB) for each shared holdingNormalization: Holdings weights are normalized to sum to 100% before comparison. This ensures accurate overlap calculations even when analyzing partial holdings data (e.g., top 50 positions).
Conservative approach: We consider only the smaller allocation for each shared position, giving you a realistic view of true portfolio overlap.
๐ This analysis is based on publicly available holdings data. For the most current and complete holdings information, please visit the official ETF provider websites.
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