MBOX vs QQQ
Freedom Day Dividend ETF vs Invesco QQQ Trust, Series 1
Which is better, MBOX or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. MBOX is less concentrated, with 26.0% of the fund in its ten largest positions against 46.5%.
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 | MBOX | QQQ |
|---|---|---|
| Expense Ratio | 0.39% | 0.18%Best |
| AUM | $153M | $483.5B |
| Dividend Yield | 1.81% | 0.44% |
| Holdings | 48 | 107 |
| YTD Return | +18.90%Best | +17.21% |
| 1Y Return | +20.67% | +22.10%Best |
| 3Y Return (annualized) | +18.33% | +25.27%Best |
| 5Y Return (annualized) | +12.74% | +14.60%Best |
| Volatility (annualized) | 14.3%Best | 20.6% |
| Max Drawdown | -16.7%Best | -35.1% |
| $10,000 over 5 years | $18,213 | $19,766Best |
| Top 10 Weight | 26.0%Best | 46.5% |
| Fund Family | Freedom Day Dividend | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | May 4, 2021 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: May 5, 2021 to Sep 17, 2026 (5.4 years).
MBOX 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 5.4 years both funds cover.
MBOX vs QQQ Performance
Freedom Day Dividend ETF (MBOX) is an ETF from Freedom Day Dividend and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year MBOX returned +20.67% while QQQ returned +22.10%. Year to date, MBOX is up 18.90% versus a gain of 17.21% for QQQ.
Over three years, MBOX compounded at +18.33% per year against +25.27% for QQQ; over five years the annualized figures are +12.74% and +14.60% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.6% compared with 14.3% for MBOX. 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 -16.7% for MBOX and -35.1% 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 0.61. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MBOX charges 0.39% per year while QQQ charges 0.18%. On a $10,000 position that is $39 vs $18 annually, a gap of $21 per year that compounds over a long holding period. On income, MBOX currently yields 1.81% against 0.44% for QQQ.
Holdings Overlap
15.7% of MBOX's money is in holdings QQQ also owns. 6.0% of QQQ's money is in holdings MBOX also owns.
MBOX and QQQ share little of their money.
7 positions in common, counted across the 50 positions we hold weights for in MBOX and 102 in QQQ, against full books of 48 and 107.
What only one of them owns
Our book lists 90 positions for QQQ that do not appear in our book for MBOX (92.2% of the fund), and 36 for MBOX that do not appear in QQQ (75.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in MBOX | Weight in QQQ | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 2.01% | 3.16% | 1.15% |
| AMGNAmgen Inc. | 2.66% | 0.97% | 1.69% |
| ADPAutomatic Data Processing, Inc. | 2.42% | 0.47% | 1.95% |
| ASL:ASAsml Holding Nv Unsponsored Adr Ordinary Shares | 2.11% | 0.68% | 1.43% |
| PAYXPaychex, Inc. | 2.30% | 0.19% | 2.11% |
| ROPRoper Technologies Inc. | 2.25% | 0.17% | 2.08% |
| INTUIntuit, Inc. | 1.90% | 0.39% | 1.51% |
You are not choosing between two funds in isolation.
Whichever of MBOX 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, MBOX or QQQ?
MBOX has an expense ratio of 0.39% while QQQ charges 0.18%. QQQ is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, MBOX or QQQ?
Over the past year MBOX returned +20.67% vs +22.10% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MBOX or QQQ?
QQQ has been the more volatile fund at 20.6% annualized versus 14.3% for MBOX. Worst drawdown: MBOX -16.7% vs QQQ -35.1%.
Should I hold both MBOX and QQQ?
MBOX and QQQ have a monthly-return correlation of 0.61, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between MBOX and QQQ?
15.7% of MBOX's money is in holdings QQQ also owns. 6.0% of QQQ's is in holdings MBOX also owns. They hold 7 positions in common, counted across the 50 positions we hold weights for in MBOX and 102 in QQQ.
Which pays a higher dividend, MBOX or QQQ?
MBOX yields 1.81% while QQQ yields 0.44%, so MBOX currently pays the higher dividend yield.
Is QQQ better than MBOX?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. MBOX is less concentrated, with 26.0% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.