MMID vs QQQ
MFS Active Mid Cap ETF vs Invesco QQQ Trust, Series 1
Which is better, MMID or QQQ?
Mid Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y. MMID is less concentrated, with 15.2% 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 | MMID | QQQ |
|---|---|---|
| Expense Ratio | 0.59% | 0.18%Best |
| AUM | $36M | $483.5B |
| Dividend Yield | 0.68% | 0.44% |
| Holdings | 106 | 107 |
| YTD Return | +6.62% | +16.87%Best |
| 1Y Return | +8.06% | +22.98%Best |
| 3Y Return (annualized) | - | +24.98% |
| 5Y Return (annualized) | - | +14.39% |
| Volatility (annualized) | 9.5%Best | 21.9% |
| Top 10 Weight | 15.2%Best | 46.5% |
| Fund Family | MFS Investment Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Growth |
| Inception | Sep 24, 2025 | Mar 10, 1999 |
Not shown on this pair: Max Drawdown, $10,000 over the window.
MMID 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
MMID vs QQQ Performance
MFS Active Mid Cap ETF (MMID) is an ETF from MFS Investment Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year MMID returned +8.06% while QQQ returned +22.98%. Year to date, MMID is up 6.62% versus a gain of 16.87% 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 21.9% compared with 9.5% for MMID. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.30. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MMID charges 0.59% per year while QQQ charges 0.18%. On a $10,000 position that is $59 vs $18 annually, a gap of $41 per year that compounds over a long holding period. On income, MMID currently yields 0.68% against 0.44% for QQQ.
Holdings Overlap
5.5% of MMID's money is in holdings QQQ also owns. 1.8% of QQQ's money is in holdings MMID also owns.
MMID and QQQ share little of their money.
5 positions in common, counted across the 106 positions we hold weights for in MMID and 102 in QQQ, against full books of 106 and 107.
What only one of them owns
Our book lists 90 positions for QQQ that do not appear in our book for MMID (95.3% of the fund), and 90 for MMID that do not appear in QQQ (86.3%).
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 MMID 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, MMID or QQQ?
MMID has an expense ratio of 0.59% while QQQ charges 0.18%. QQQ is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, MMID or QQQ?
Over the past year MMID returned +8.06% vs +22.98% 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, MMID or QQQ?
QQQ has been the more volatile fund at 21.9% annualized versus 9.5% for MMID.
Should I hold both MMID and QQQ?
MMID and QQQ have a monthly-return correlation of 0.30, 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 MMID and QQQ?
5.5% of MMID's money is in holdings QQQ also owns. 1.8% of QQQ's is in holdings MMID also owns. They hold 5 positions in common, counted across the 106 positions we hold weights for in MMID and 102 in QQQ.
Which pays a higher dividend, MMID or QQQ?
MMID yields 0.68% while QQQ yields 0.44%, so MMID currently pays the higher dividend yield.
Is QQQ better than MMID?
QQQ has a lower expense ratio. QQQ led over 1Y. MMID is less concentrated, with 15.2% 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.