FTMH vs QQQ
Franklin Municipal High Yield ETF vs Invesco QQQ Trust, Series 1
Which is better, FTMH or QQQ?
High Yield Municipal Bond against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FTMH | QQQ |
|---|---|---|
| Expense Ratio | 0.35% | 0.18%Best |
| AUM | $646M | $506.1B |
| Dividend Yield | 4.57% | 0.42% |
| Holdings | 521 | 321 |
| YTD Return | -0.45% | +12.15%Best |
| 1Y Return | +0.14% | +8.93%Best |
| 3Y Return (annualized) | - | +23.65% |
| 5Y Return (annualized) | - | +12.42% |
| Volatility (annualized) | 7.8%Best | 22.3% |
| Max Drawdown | -8.4%Best | -12.0% |
| $10,000 over 1 years | $9,992 | $10,944Best |
| Fund Family | Franklin Templeton Investments (US) | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | High Yield Municipal Bond | Large Cap Growth |
| Inception | Sep 9, 1985 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Oct 27, 2025 to Nov 3, 2026 (1 years).
FTMH vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1 years both funds cover.
FTMH vs QQQ Performance
Franklin Municipal High Yield ETF (FTMH) is an ETF from Franklin Templeton Investments (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year FTMH returned +0.14% while QQQ returned +8.93%. Year to date, FTMH is down 0.45% versus a gain of 12.15% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 22.3% compared with 7.8% for FTMH. 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 -8.4% for FTMH and -12.0% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.10. They move largely independently of each other.
Fees and Cost Over Time
FTMH charges 0.35% per year while QQQ charges 0.18%. On a $10,000 position that is $35 vs $18 annually, a gap of $17 per year that compounds over a long holding period. On income, FTMH currently yields 4.57% against 0.42% for QQQ.
Holdings Overlap
We hold position weights for 107 holdings in FTMH and 101 in QQQ, totalling 31.0% and 99.6% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 107 positions we hold weights for in FTMH and 101 in QQQ, against full books of 521 and 321.
You are not choosing between two funds in isolation.
Whichever of FTMH and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FTMH or QQQ?
FTMH has an expense ratio of 0.35% while QQQ charges 0.18%. QQQ is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, FTMH or QQQ?
Over the past year FTMH returned +0.14% vs +8.93% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), FTMH annualized -0.08% vs +9.44% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FTMH or QQQ?
QQQ has been the more volatile fund at 22.3% annualized versus 7.8% for FTMH. Worst drawdown: FTMH -8.4% vs QQQ -12.0%.
Should I hold both FTMH and QQQ?
FTMH and QQQ have a monthly-return correlation of 0.10, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FTMH or QQQ?
FTMH yields 4.57% while QQQ yields 0.42%, so FTMH currently pays the higher dividend yield.
Is QQQ better than FTMH?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.