MFSV vs QQQ
MFS Active Value ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | MFSV | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.44% | 0.18% | |
| AUM | $573M | $496.3B | |
| Dividend Yield | 1.32% | 0.44% | |
| Holdings | 63 | 108 | |
| YTD Return | +11.65% | +16.23% | |
| 1Y Return | +16.76% | +26.23% | |
| 3Y Return (annualized) | - | +25.75% | |
| 5Y Return (annualized) | - | +14.78% | |
| Volatility (annualized) | 8.9% | 30.6% | |
| Max Drawdown | -12.7% | -83.0% | |
| Fund Family | MFS Investment Management | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Dec 5, 2024 | Mar 10, 1999 |
MFSV vs QQQ Performance
MFS Active Value ETF (MFSV) is a ETF from MFS Investment Management and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year MFSV returned +16.76% while QQQ returned +26.23%. Year to date, MFSV is up 11.65% versus a gain of 16.23% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 8.9% for MFSV. 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 -12.7% for MFSV 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 0.23. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MFSV charges 0.44% per year while QQQ charges 0.18%. On a $10,000 position that is $44 vs $18 annually, a gap of $26 per year that compounds over a long holding period. On income, MFSV currently yields 1.32% against 0.44% for QQQ.
Holdings Overlap
MFSV and QQQ share 14 holdings out of 150 unique holdings combined, representing a 17.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MFSV or QQQ?
MFSV has an expense ratio of 0.44% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $26 per year of difference.
Which performed better, MFSV or QQQ?
Over the past year MFSV returned +16.76% vs +26.23% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), MFSV annualized +12.36% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, MFSV or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 8.9% for MFSV. Worst drawdown: MFSV -12.7% vs QQQ -83.0%.
Should I hold both MFSV and QQQ?
MFSV and QQQ have a monthly-return correlation of 0.23, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MFSV and QQQ?
MFSV and QQQ share 14 common holdings with a 17.2% weight overlap. Combined, they hold 150 unique securities.
Which pays a higher dividend, MFSV or QQQ?
MFSV yields 1.32% while QQQ yields 0.44%, so MFSV currently pays the higher dividend yield.
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