Data as of Sep 19, 2026.
FFUT vs QQQ: how they differ
Over the year FFUT returned more, +26.7% to QQQ's +21.8%, and QQQ charges 0.18% to FFUT's 0.80%.
Fidelity Managed Futures ETF and Invesco QQQ Trust.
| FFUT Fidelity Managed Futures ETF | QQQ Invesco QQQ Trust | |
|---|---|---|
| Where it sits | Alternatives ETF | Core fund |
| Issuer | Fidelity | Invesco |
| What it is | Managed futures | Tracks the Nasdaq-100 |
| Total return, 1 year | +26.7% | +21.8% |
| S&P 500 over the same days | +16.6% | +16.6% |
| Gap to the S&P 500 | +10.2 pts | +5.2 pts |
| Expense ratio | 0.80% | 0.18% |
| Holdings | not filed | 105 |
| Net assets | $352m | $484.3bn |
FFUT in plain words
FFUT is a managed futures fund. ETFIQ measures what every alternatives fund is sold on: whether it moves differently from the stock market. Over the year to Sep 18, 2026, its weekly returns had a correlation of −0.04 with the S&P 500’s and a beta of −0.03, so for each 1% the index moved it moved about 0.03% the other way. The S&P 500 fell in 22 of those 52 weeks, by 1.24% on average. In the same weeks FFUT rose 0.40% on average, a down-week capture of −32.3%. Over the same 52 weeks FFUT returned +27.0% and a Treasury bill fund +3.6%, so it finished 23.4 percentage points ahead of cash.
QQQ in plain words
QQQ tracks the Nasdaq-100. Over the year to Sep 18, 2026 it returned +21.8% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings published by its issuer for Sep 19, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 105 positions, with the top ten at 47.7%. It sat 3.2% below its high of Jun 2, 2026 on Sep 18, 2026.
Questions people ask
- Which returned more over the last year, FFUT or QQQ?
- In the year to Sep 19, 2026, with distributions reinvested, FFUT returned +26.7% and QQQ returned +21.8%, so FFUT returned more.
- Which is cheaper, FFUT or QQQ?
- FFUT charges 0.80% a year and QQQ charges 0.18%, so QQQ is cheaper. Fees come from each fund's prospectus.
- Are FFUT and QQQ the same kind of fund?
- No. FFUT is an alternatives ETF and QQQ is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
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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.
Cite this page. ETFIQ, FFUT against QQQ, data as of Sep 19, 2026. https://etfiq.com/compare/any/ffut-vs-qqq Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources