MKAM vs QQQ
MKAM 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 | MKAM | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.55% | 0.18% | |
| AUM | $14M | $496.3B | |
| Dividend Yield | 2.67% | 0.44% | |
| Holdings | 5 | 108 | |
| YTD Return | +7.12% | +19.52% | |
| 1Y Return | +11.34% | +26.68% | |
| 3Y Return (annualized) | +10.39% | +26.64% | |
| 5Y Return (annualized) | - | +15.36% | |
| Volatility (annualized) | 5.7% | 30.6% | |
| Max Drawdown | -5.0% | -83.0% | |
| Fund Family | MKAM ETF, LLC | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Apr 12, 2023 | Mar 10, 1999 |
MKAM vs QQQ Performance
MKAM ETF (MKAM) is a ETF from MKAM ETF, LLC and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year MKAM returned +11.34% while QQQ returned +26.68%. Year to date, MKAM is up 7.12% versus a gain of 19.52% for QQQ.
Over three years, MKAM compounded at +10.39% per year against +26.64% for QQQ. Across the full 3-year window we track, QQQ has the edge at +13.14% annualized vs +10.84%. 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 5.7% for MKAM. 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 -5.0% for MKAM 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MKAM charges 0.55% per year while QQQ charges 0.18%. On a $10,000 position that is $55 vs $18 annually, a gap of $37 per year that compounds over a long holding period. On income, MKAM currently yields 2.67% against 0.44% for QQQ.
Holdings Overlap
MKAM and QQQ share 0 holdings out of 106 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MKAM or QQQ?
MKAM has an expense ratio of 0.55% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $37 per year of difference.
Which performed better, MKAM or QQQ?
Over the past year MKAM returned +11.34% vs +26.68% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), MKAM annualized +10.84% vs +13.14% for QQQ. Past performance does not guarantee future results.
Which is riskier, MKAM or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 5.7% for MKAM. Worst drawdown: MKAM -5.0% vs QQQ -83.0%.
Should I hold both MKAM and QQQ?
MKAM and QQQ have a monthly-return correlation of 0.82, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MKAM and QQQ?
MKAM and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 106 unique securities.
Which pays a higher dividend, MKAM or QQQ?
MKAM yields 2.67% while QQQ yields 0.44%, so MKAM currently pays the higher dividend yield.
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