MYCH vs QQQ
State Street My2028 Corporate Bond ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
MYCH has a lower expense ratio. QQQ delivered stronger 1-year returns. MYCH offers more diversification with 358 holdings.
Side-by-Side Comparison
| Metric | MYCH | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.18% | |
| AUM | $763M | $496.3B | |
| Dividend Yield | 4.37% | 0.44% | |
| Holdings | 358 | 108 | |
| YTD Return | +1.49% | +16.64% | |
| 1Y Return | +3.72% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 1.8% | 30.6% | |
| Max Drawdown | -1.4% | -83.0% | |
| Fund Family | State Street Investment Management | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Sep 23, 2024 | Mar 10, 1999 |
MYCH vs QQQ Performance
State Street My2028 Corporate Bond ETF (MYCH) is a ETF from State Street Investment Management and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year MYCH returned +3.72% while QQQ returned +27.27%. Year to date, MYCH is up 1.49% 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 1.8% for MYCH. 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 -1.4% for MYCH 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 0.18. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MYCH charges 0.15% per year while QQQ charges 0.18%. On a $10,000 position that is $15 vs $18 annually, a gap of $3 per year that compounds over a long holding period. On income, MYCH currently yields 4.37% against 0.44% for QQQ.
Holdings Overlap
MYCH and QQQ share 0 holdings out of 186 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, MYCH or QQQ?
MYCH has an expense ratio of 0.15% while QQQ charges 0.18%. MYCH is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which performed better, MYCH or QQQ?
Over the past year MYCH returned +3.72% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), MYCH annualized +4.12% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, MYCH or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 1.8% for MYCH. Worst drawdown: MYCH -1.4% vs QQQ -83.0%.
Should I hold both MYCH and QQQ?
MYCH and QQQ have a monthly-return correlation of 0.18, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MYCH and QQQ?
MYCH and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 186 unique securities.
Which pays a higher dividend, MYCH or QQQ?
MYCH yields 4.37% while QQQ yields 0.44%, so MYCH currently pays the higher dividend yield.
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