Compare/Updated Oct 26, 2026, refreshed every trading day
FXAIX vs QQQM
Fidelity 500 Index Fund against Invesco NASDAQ 100 ETF: 4 years of returns, risk and today’s technical read, from Kavout’s own data.
QQM outperformed FXAIX over the period: $1,000 invested on October 28, 2022 grew to $2,572 versus $2,023, a 157.2% versus 102.3% gain. QQQM also led over 3 years, 97.5% versus 80.0%, and over the latest year, 16.9% versus 13.8%. The stronger return came with materially higher risk: 19.9% versus 12.6% volatility and a deeper worst drawdown of -22.7% versus -19.0%. The funds remained highly correlated, with 0.927 correlation over the latest year, but QQQM won 27 of the last 48 months versus 21 for FXAIX. In short, QQQM delivered substantially better growth, while FXAIX offered a smoother ride and smaller losses during the measured drawdown.
- Technical indicators are not available for this ticker yet.
- Price is above its 200-day average ($278); 50-day at $299.
- RSI 37, neutral. Supertrend says sell. ADX 25, so the trend is developing.
Head to head
Which has returned more, FXAIX or QQQM?
FXAIX beat QQQM in 21 of the last 48 months; QQQM won the other 27. The typical monthly gap was 1.41 points.
Total return by period
Which is riskier?
Both: Feb 19, 2025 to Apr 8, 2025
- 0.927
- correlation of daily moves, 4 years
- 0.68
- FXAIX move per 1% in QQQM
- 0.850
- correlation, last 12 months
Month by month
Of the last 48 months. The typical gap was 1.41 points.
When did they diverge?
| Month | FXAIX | QQQM | Gap |
|---|---|---|---|
| May 2023 | +0.4% | +7.8% | -7.41 pts |
| July 2026 | -0.3% | -6.5% | +6.16 pts |
| March 2023 | +3.7% | +9.5% | -5.84 pts |
| April 2026 | +10.2% | +15.7% | -5.51 pts |
Where the numbers come from. 1000 daily adjusted closes per fund from the Kavout market-data API, dividends included. Signals and indicators are Kavout’s own, refreshed nightly. Every figure is calculated from those adjusted closes.
Holdings and fees
What do you actually own with FXAIX and QQQM?
- Price
- $264.99
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