MVFD vs QQQ
Monarch Volume Factor Dividend Tree Index 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 103 holdings.
Side-by-Side Comparison
| Metric | MVFD | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.19% | 0.18% | |
| AUM | $121M | $455.8B | |
| Dividend Yield | 1.55% | 0.41% | |
| Holdings | 41 | 108 | |
| YTD Return | +8.62% | +18.31% | |
| 1Y Return | +20.04% | +25.37% | |
| 3Y Return (annualized) | - | +25.79% | |
| 5Y Return (annualized) | - | +15.20% | |
| Volatility (annualized) | 13.8% | 30.6% | |
| Max Drawdown | -19.1% | -83.0% | |
| Fund Family | Monarch Funds | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Feb 12, 2024 | Mar 10, 1999 |
MVFD vs QQQ Performance
Monarch Volume Factor Dividend Tree Index ETF (MVFD) is a ETF from Monarch Funds and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year MVFD returned +20.04% while QQQ returned +25.37%. Year to date, MVFD is up 8.62% versus a gain of 18.31% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 13.8% for MVFD. 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 -19.1% for MVFD 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 0.32. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MVFD charges 1.19% per year while QQQ charges 0.18%. On a $10,000 position that is $119 vs $18 annually, a gap of $101 per year that compounds over a long holding period. On income, MVFD currently yields 1.55% against 0.41% for QQQ.
Holdings Overlap
MVFD and QQQ share 0 holdings out of 143 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, MVFD or QQQ?
MVFD has an expense ratio of 1.19% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $101 per year of difference.
Which performed better, MVFD or QQQ?
Over the past year MVFD returned +20.04% vs +25.37% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), MVFD annualized +10.88% vs +13.10% for QQQ. Past performance does not guarantee future results.
Which is riskier, MVFD or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 13.8% for MVFD. Worst drawdown: MVFD -19.1% vs QQQ -83.0%.
Should I hold both MVFD and QQQ?
MVFD and QQQ have a monthly-return correlation of 0.32, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MVFD and QQQ?
MVFD and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 143 unique securities.
Which pays a higher dividend, MVFD or QQQ?
MVFD yields 1.55% while QQQ yields 0.41%, so MVFD currently pays the higher dividend yield.
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