MIDE vs QQQ
Xtrackers S&P MidCap 400 Scored & Screened ETF vs Invesco QQQ Trust, Series 1
Which is better, MIDE or QQQ?
Mid Cap Blend against Large Cap Growth.
MIDE has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. MIDE is less concentrated, with 11.1% 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 | MIDE | QQQ |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.18% |
| AUM | $3M | $483.5B |
| Dividend Yield | 1.26% | 0.44% |
| Holdings | 272 | 107 |
| YTD Return | +10.22% | +15.21%Best |
| 1Y Return | +14.57% | +19.78%Best |
| 3Y Return (annualized) | +14.25% | +24.58%Best |
| 5Y Return (annualized) | +7.95% | +13.93%Best |
| Volatility (annualized) | 17.8%Best | 20.3% |
| Max Drawdown | -24.6%Best | -35.1% |
| $10,000 over 5 years | $14,659 | $19,195Best |
| Top 10 Weight | 11.1%Best | 46.5% |
| Fund Family | Xtrackers ETFs | Invesco (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Growth |
| Inception | Feb 23, 2021 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Feb 24, 2021 to Sep 16, 2026 (5.6 years).
MIDE 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 5.6 years both funds cover.
MIDE vs QQQ Performance
Xtrackers S&P MidCap 400 Scored & Screened ETF (MIDE) is an ETF from Xtrackers ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year MIDE returned +14.57% while QQQ returned +19.78%. Year to date, MIDE is up 10.22% versus a gain of 15.21% for QQQ.
Over three years, MIDE compounded at +14.25% per year against +24.58% for QQQ; over five years the annualized figures are +7.95% and +13.93% respectively. Across the full 6-year window we track, QQQ has the edge at +15.67% annualized vs +8.21%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.3% compared with 17.8% for MIDE. 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 -24.6% for MIDE 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 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MIDE charges 0.15% per year while QQQ charges 0.18%. On a $10,000 position that is $15 vs $18 annually, a gap of $3 per year that compounds over a long holding period. On income, MIDE currently yields 1.26% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 269 holdings in MIDE and 102 in QQQ, totalling 98.7% and 99.9% 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 269 positions we hold weights for in MIDE and 102 in QQQ, against full books of 272 and 107.
What only one of them owns
Our book lists 96 positions for QQQ that do not appear in our book for MIDE (97.5% of the fund), and 266 for MIDE that do not appear in QQQ (95.8%).
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.
You are not choosing between two funds in isolation.
Whichever of MIDE 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, MIDE or QQQ?
MIDE has an expense ratio of 0.15% while QQQ charges 0.18%. MIDE is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, MIDE or QQQ?
Over the past year MIDE returned +14.57% vs +19.78% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (6 years), MIDE annualized +8.21% vs +15.67% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MIDE or QQQ?
QQQ has been the more volatile fund at 20.3% annualized versus 17.8% for MIDE. Worst drawdown: MIDE -24.6% vs QQQ -35.1%.
Should I hold both MIDE and QQQ?
MIDE and QQQ have a monthly-return correlation of 0.69, 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, MIDE or QQQ?
MIDE yields 1.26% while QQQ yields 0.44%, so MIDE currently pays the higher dividend yield.
Is QQQ better than MIDE?
MIDE has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. MIDE is less concentrated, with 11.1% 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.