MYCM vs QQQ
State Street My2033 Corporate Bond ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
MYCM has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | MYCM | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.18% | |
| AUM | $9M | $496.3B | |
| Dividend Yield | 4.81% | 0.44% | |
| Holdings | 88 | 108 | |
| YTD Return | -0.30% | +16.64% | |
| 1Y Return | +2.77% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 4.1% | 30.6% | |
| Max Drawdown | -4.2% | -83.0% | |
| Fund Family | State Street Investment Management | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Sep 23, 2024 | Mar 10, 1999 |
MYCM vs QQQ Performance
State Street My2033 Corporate Bond ETF (MYCM) 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 MYCM returned +2.77% while QQQ returned +27.27%. Year to date, MYCM is down 0.30% 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 4.1% for MYCM. 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 -4.2% for MYCM 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
MYCM 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, MYCM currently yields 4.81% against 0.44% for QQQ.
Holdings Overlap
MYCM and QQQ share 0 holdings out of 105 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, MYCM or QQQ?
MYCM has an expense ratio of 0.15% while QQQ charges 0.18%. MYCM is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which performed better, MYCM or QQQ?
Over the past year MYCM returned +2.77% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), MYCM annualized +3.02% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, MYCM or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 4.1% for MYCM. Worst drawdown: MYCM -4.2% vs QQQ -83.0%.
Should I hold both MYCM and QQQ?
MYCM 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 MYCM and QQQ?
MYCM and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 105 unique securities.
Which pays a higher dividend, MYCM or QQQ?
MYCM yields 4.81% while QQQ yields 0.44%, so MYCM currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.