DMB vs QQQ
BNY Mellon Municipal Bond Infrastructure Fund, Inc. vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ delivered stronger 1-year returns. DMB offers more diversification with 200 holdings.
Side-by-Side Comparison
| Metric | DMB | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | - | 0.18% | |
| AUM | $289M | $496.3B | |
| Dividend Yield | 4.51% | 0.44% | |
| Holdings | 200 | 108 | |
| YTD Return | +1.24% | +19.52% | |
| 1Y Return | +11.98% | +26.68% | |
| 3Y Return (annualized) | +3.56% | +26.64% | |
| 5Y Return (annualized) | -2.82% | +15.36% | |
| Volatility (annualized) | 15.7% | 30.6% | |
| Max Drawdown | -40.1% | -83.0% | |
| Fund Family | BNY Mellon Investment Management | Invesco (US) | |
| Category | Tax Preferred | Equity | |
| Inception | Apr 26, 2013 | Mar 10, 1999 |
DMB vs QQQ Performance
BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) is a ETF from BNY Mellon Investment Management and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year DMB returned +11.98% while QQQ returned +26.68%. Year to date, DMB is up 1.24% versus a gain of 19.52% for QQQ.
Over three years, DMB compounded at +3.56% per year against +26.64% for QQQ; over five years the annualized figures are -2.82% and +15.36% respectively. Across the full 13-year window we track, QQQ has the edge at +13.14% annualized vs -0.73%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 15.7% for DMB. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -40.1% for DMB and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.35. They move independently enough that combining them can meaningfully diversify a portfolio.
Holdings Overlap
DMB and QQQ share 0 holdings out of 222 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which performed better, DMB or QQQ?
Over the past year DMB returned +11.98% vs +26.68% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (13 years), DMB annualized -0.73% vs +13.14% for QQQ. Past performance does not guarantee future results.
Which is riskier, DMB or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 15.7% for DMB. Worst drawdown: DMB -40.1% vs QQQ -83.0%.
Should I hold both DMB and QQQ?
DMB and QQQ have a monthly-return correlation of 0.35, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DMB and QQQ?
DMB and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 222 unique securities.
Which pays a higher dividend, DMB or QQQ?
DMB yields 4.51% while QQQ yields 0.44%, so DMB currently pays the higher dividend yield.
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