FELG vs QQEW: Differences, Returns & Fees

FELG and QQEW hold 24% of their weight in the same names, and QQEW returned +9.9% over the year. Net assets: $5.8bn on Sep 30, 2026 for Fidelity Enhanced Large Cap Growth ETF, and $1.8bn on Oct 20, 2026 for First Trust Nasdaq-100 Select Equal Weight ETF.

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Answers cite the figures on this page.

FELG costs 0.37 points a year less; their one-year returns differ by 3.1 points; FELG is 3.1 times larger.

FELG vs QQEW: Differences, Returns & Fees
FELGQQEW
Expense ratio0.18%0.55%
Net assets, as of Jun 30, 2026$5.7bn$1.8bn
Total return, 1 year+6.8%+9.9%
What it tracksNo index, actively managedNasdaq-100 Select Equal Weight Index
Holdings in common24%
Top ten holdings, share of the fund54.6%23.1%
Below its high5.2%, high on Oct 6, 20265.8%, high on Aug 13, 2026

Holdings in common uses holdings dated Jun 30, 2026 and Oct 19, 2026.

+6.8%
FELG total return, 1 year
+9.9%
QQEW total return, 1 year
0.18%
FELG expense ratio
0.55%
QQEW expense ratio

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What they hold in common

By the books each fund has filed, FELG and QQEW hold 24% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 19, 2026.

half

24% in common

Positions both hold, largest shared weight first
Holding FELG QQEW
META PLATFORMS INC 3.24% 2.55%
ADVANCED MICRO DEVICES INC 2.48% 2.37%
APPLE INC 7.57% 2.24%
MICROSOFT CORP 5.02% 2.18%
NVIDIA CORP 13.13% 2.04%
MICRON TECHNOLOGY INC 4.23% 1.95%
BROADCOM INC 5.43% 1.87%
LAM RESEARCH CORP 2.22% 1.87%
SANDISK CORP 1.00% 1.81%
KLA CORP 0.86% 1.96%
FORTINET INC 0.86% 2.08%
ADOBE INC 0.74% 1.75%
Only in FELG
ALPHABET INC 6.60%
TESLA INC 3.51%
ALPHABET INC 3.35%
ELI LILLY and CO 2.52%
MASTERCARD INC 1.78%
GE AEROSPACE 1.72%
AMAZON.COM INC 1.55%
AMPHENOL CORPORATION NEW 1.26%
Only in QQEW
Shopify Inc. (Class A) 2.40%
Datadog, Inc. (Class A) 2.27%
Analog Devices, Inc. 2.25%
Microchip Technology Incorporated 2.10%
Automatic Data Processing, Inc. 2.08%
IDEXX Laboratories, Inc. 2.07%
Amgen Inc. 2.05%
Monolithic Power Systems, Inc. 2.05%

Check overlap with more funds →

On the same fields

FELG
Fidelity Enhanced Large Cap Growth ETF
QQEW
First Trust Nasdaq-100 Select Equal Weight ETF
Where it sits Stock ETF Stock ETF
What it is Actively managed Tracks an index
Total return, 1 year +6.8% +9.9%
Its benchmark over the same days not measured +15.8% (IVV)
Gap to its benchmark not measured −6.0 pts vs IVV
Expense ratio 0.18% 0.55%
Already in the S&P 500 91.5% 90.8%
Holdings 142 50
Net assets, FELG as of Sep 30, 2026 and QQEW as of Oct 20, 2026 $5.8bn $1.8bn

FELG and QQEW on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About FELG

FELG is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +6.8% with distributions reinvested. The prospectus expense ratio is 0.18% a year. By its holdings filed for Jun 30, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 142 positions, with the top ten at 54.6%. It sat 5.2% below its high of Oct 6, 2026 on Oct 20, 2026.

About QQEW

QQEW tracks an index. Over the year to Oct 20, 2026 it returned +9.9% with distributions reinvested, against +15.8% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.55% a year. By its holdings published by its issuer for Oct 19, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 50 positions, with the top ten at 23.1%. It sat 5.8% below its high of Aug 13, 2026 on Oct 20, 2026.

Questions people ask

Which returned more over the last year, FELG or QQEW?
In the year to Oct 20, 2026, with distributions reinvested, FELG returned +6.8% and QQEW +9.9%.
Which is cheaper, FELG or QQEW?
FELG is cheaper, by 0.37 percentage points a year. That is about $37 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FELG and QQEW overlap with the S&P 500?
By their latest filed holdings, 92% of FELG and 91% of QQEW by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, FELG against QQEW, data as of Oct 20, 2026. https://etfiq.com/compare/any/felg-vs-qqew

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Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.