MYCJ vs QQQ
State Street My2030 Corporate Bond ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
MYCJ has a lower expense ratio. QQQ delivered stronger 1-year returns. MYCJ offers more diversification with 197 holdings.
Side-by-Side Comparison
| Metric | MYCJ | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.18% | |
| AUM | $47M | $496.3B | |
| Dividend Yield | 4.66% | 0.44% | |
| Holdings | 197 | 108 | |
| YTD Return | +0.41% | +16.64% | |
| 1Y Return | +2.81% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 3.0% | 30.6% | |
| Max Drawdown | -2.9% | -83.0% | |
| Fund Family | State Street Investment Management | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Sep 23, 2024 | Mar 10, 1999 |
MYCJ vs QQQ Performance
State Street My2030 Corporate Bond ETF (MYCJ) 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 MYCJ returned +2.81% while QQQ returned +27.27%. Year to date, MYCJ is up 0.41% 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 3.0% for MYCJ. 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 -2.9% for MYCJ 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 0.23. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MYCJ 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, MYCJ currently yields 4.66% against 0.44% for QQQ.
Holdings Overlap
MYCJ and QQQ share 0 holdings out of 149 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, MYCJ or QQQ?
MYCJ has an expense ratio of 0.15% while QQQ charges 0.18%. MYCJ is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which performed better, MYCJ or QQQ?
Over the past year MYCJ returned +2.81% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), MYCJ annualized +3.41% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, MYCJ or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 3.0% for MYCJ. Worst drawdown: MYCJ -2.9% vs QQQ -83.0%.
Should I hold both MYCJ and QQQ?
MYCJ and QQQ have a monthly-return correlation of 0.23, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MYCJ and QQQ?
MYCJ and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 149 unique securities.
Which pays a higher dividend, MYCJ or QQQ?
MYCJ yields 4.66% while QQQ yields 0.44%, so MYCJ currently pays the higher dividend yield.
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