MUND vs QQQ
Northern Trust 2055 Tax-Exempt Distributing Ladder ETF vs Invesco QQQ Trust, Series 1
Which is better, MUND or QQQ?
Long Term Municipal Bond against Large Cap Growth.
QQQ led over 1Y and the full window.
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 | MUND | QQQ |
|---|---|---|
| Expense Ratio | 0.18%Tie | 0.18%Tie |
| AUM | $2M | $498.6B |
| Dividend Yield | 3.61% | 0.42% |
| Holdings | 65 | 321 |
| YTD Return | -3.28% | +22.35%Best |
| 1Y Return | -1.92% | +22.84%Best |
| 3Y Return (annualized) | - | +27.55% |
| 5Y Return (annualized) | - | +16.36% |
| Volatility (annualized) | 5.5%Best | 20.4% |
| Max Drawdown | -8.0%Best | -12.0% |
| $10,000 over 1.1 years | $10,079 | $13,093Best |
| Fund Family | Northern Trust Asset Management | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | Long Term Municipal Bond | Large Cap Growth |
| Inception | Mar 1, 2025 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Aug 19, 2025 to Oct 8, 2026 (1.1 years).
MUND 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 1.1 years both funds cover.
MUND vs QQQ Performance
Northern Trust 2055 Tax-Exempt Distributing Ladder ETF (MUND) is an ETF from Northern Trust Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year MUND returned -1.92% while QQQ returned +22.84%. Year to date, MUND is down 3.28% versus a gain of 22.35% 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 20.4% compared with 5.5% for MUND. 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 -8.0% for MUND and -12.0% 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 0.39. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MUND charges 0.18% per year while QQQ charges 0.18%. On a $10,000 position that is $18 vs $18 annually. On income, MUND currently yields 3.61% against 0.42% for QQQ.
Holdings Overlap
We hold position weights for 19 holdings in MUND and 102 in QQQ, totalling 22.6% 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 19 positions we hold weights for in MUND and 102 in QQQ, against full books of 65 and 321.
You are not choosing between two funds in isolation.
Whichever of MUND 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, MUND or QQQ?
MUND has an expense ratio of 0.18% while QQQ charges 0.18%. At the precision these are quoted to, they cost the same.
Which performed better, MUND or QQQ?
Over the past year MUND returned -1.92% vs +22.84% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), MUND annualized +0.72% vs +27.76% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MUND or QQQ?
QQQ has been the more volatile fund at 20.4% annualized versus 5.5% for MUND. Worst drawdown: MUND -8.0% vs QQQ -12.0%.
Should I hold both MUND and QQQ?
MUND and QQQ have a monthly-return correlation of 0.39, 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, MUND or QQQ?
MUND yields 3.61% while QQQ yields 0.42%, so MUND currently pays the higher dividend yield.
Is QQQ better than MUND?
QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.