MVFG vs QQQ
Monarch Volume Factor Global Unconstrained 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 108 holdings.
Side-by-Side Comparison
| Metric | MVFG | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.41% | 0.18% | |
| AUM | $185M | $496.3B | |
| Dividend Yield | 1.53% | 0.44% | |
| Holdings | 27 | 108 | |
| YTD Return | +11.22% | +16.64% | |
| 1Y Return | +22.64% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 12.9% | 30.6% | |
| Max Drawdown | -15.3% | -83.0% | |
| Fund Family | Monarch Funds | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Feb 12, 2024 | Mar 10, 1999 |
MVFG vs QQQ Performance
Monarch Volume Factor Global Unconstrained Index ETF (MVFG) is a ETF from Monarch Funds and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year MVFG returned +22.64% while QQQ returned +27.27%. Year to date, MVFG is up 11.22% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 12.9% for MVFG. 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 -15.3% for MVFG 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 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MVFG charges 1.41% per year while QQQ charges 0.18%. On a $10,000 position that is $141 vs $18 annually, a gap of $123 per year that compounds over a long holding period. On income, MVFG currently yields 1.53% against 0.44% for QQQ.
Holdings Overlap
MVFG and QQQ share 0 holdings out of 125 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, MVFG or QQQ?
MVFG has an expense ratio of 1.41% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $123 per year of difference.
Which performed better, MVFG or QQQ?
Over the past year MVFG returned +22.64% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), MVFG annualized +16.71% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, MVFG or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 12.9% for MVFG. Worst drawdown: MVFG -15.3% vs QQQ -83.0%.
Should I hold both MVFG and QQQ?
MVFG and QQQ have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MVFG and QQQ?
MVFG and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 125 unique securities.
Which pays a higher dividend, MVFG or QQQ?
MVFG yields 1.53% while QQQ yields 0.44%, so MVFG currently pays the higher dividend yield.
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