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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

FENI vs QQQ: how they differ

FENI and QQQ hold 0% of their weight in the same names, and QQQ returned more over the year.

Fidelity Enhanced International ETF and Invesco QQQ Trust.

What they hold in common

By the books each fund has filed, FENI and QQQ hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in FENIOnly in QQQ
ASML HOLDING NV 4.11%NVIDIA Corp. 8.16%
NESTLE SA 1.77%Apple Inc. 7.29%
SIEMENS AG 1.63%Microsoft Corp. 5.32%
TOKYO ELECTRON LTD 1.46%Micron Technology, Inc. 4.80%
ABB LTD 1.34%Amazon.com, Inc. 4.62%
HSBC HOLDINGS PLC 1.33%Advanced Micro Devices, Inc. 3.70%
IBERDROLA SA 1.23%Alphabet Inc. 3.52%
BANCO BILBAO VIZCAYA ARGENTARIA S.A 1.22%Tesla, Inc. 3.46%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and May 31, 2026.

FENI and QQQ on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
FENI
Fidelity Enhanced International ETF
QQQ
Invesco QQQ Trust
Where it sitsCore index fundCore index fund
IssuerFidelityInvesco
What it isEnhanced InternationalNasdaq-100, book from QQQM
Total return, 1 year+19.4%+23.0%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+1.9 pts+5.5 pts
Expense ratio0.28%0.18%
Already in the S&P 5000.0%96.7%
Holdings392101

FENI in plain words

FENI is an index equity fund tracking the Enhanced International. Over the year to Sep 11, 2026 it returned +19.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.28% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 392 positions, with the top ten at 16.7%.

QQQ in plain words

QQQ is an index equity fund tracking the Nasdaq-100. Over the year to Sep 11, 2026 it returned +23.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for May 31, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 101 positions, with the top ten at 47.5%. It sat 4.1% below its high of Jun 2, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, FENI or QQQ?
In the year to Sep 12, 2026, with distributions reinvested, FENI returned +19.4% and QQQ returned +23.0%, so QQQ returned more. One year is one year; the longer windows are in the table.
Which is cheaper, FENI or QQQ?
FENI charges 0.28% a year and QQQ charges 0.18%, so QQQ is cheaper. Fees come from each fund's prospectus.
How much do FENI and QQQ overlap with the S&P 500?
By their latest filed holdings, 0% of FENI and 97% of QQQ by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

FENI against QQQ, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, FENI against QQQ, data as of Sep 12, 2026. https://etfiq.com/compare/any/FENI-QQQ Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources