MYCN vs QQQ
State Street My2034 Corporate Bond ETF vs Invesco QQQ Trust, Series 1
Which is better, MYCN or QQQ?
Investment Grade Bond against Large Cap Growth.
MYCN has a lower expense ratio. QQQ led over 1Y and the full window. MYCN is less concentrated, with 20.4% of the fund in its ten largest positions against 47.2%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | MYCN | QQQ |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.18% |
| AUM | $9M | $498.6B |
| Dividend Yield | 5.07% | 0.42% |
| Holdings | 241 | 321 |
| YTD Return | -3.11% | +24.01%Best |
| 1Y Return | -2.27% | +25.94%Best |
| 3Y Return (annualized) | - | +28.16% |
| 5Y Return (annualized) | - | +16.56% |
| Volatility (annualized) | 4.8%Best | 18.1% |
| Max Drawdown | -5.0%Best | -22.8% |
| $10,000 over 2 years | $10,250 | $15,650Best |
| Top 10 Weight | 20.4%Best | 47.2% |
| Fund Family | State Street Investment Management | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | Investment Grade Bond | Large Cap Growth |
| Inception | Sep 23, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 24, 2024 to Oct 7, 2026 (2 years).
MYCN vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2 years both funds cover.
MYCN vs QQQ Performance
State Street My2034 Corporate Bond ETF (MYCN) is an ETF from State Street Investment Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year MYCN returned -2.27% while QQQ returned +25.94%. Year to date, MYCN is down 3.11% versus a gain of 24.01% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.1% compared with 4.8% for MYCN. 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 -5.0% for MYCN and -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.26. They move largely independently of each other.
Fees and Cost Over Time
MYCN 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, MYCN currently yields 5.07% against 0.42% for QQQ.
Holdings Overlap
We hold position weights for 119 holdings in MYCN and 102 in QQQ, totalling 97.1% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 119 positions we hold weights for in MYCN and 102 in QQQ, against full books of 241 and 321.
What only one of them owns
Our book lists 96 positions for QQQ that do not appear in our book for MYCN (97.8% of the fund), and 119 for MYCN that do not appear in QQQ (97.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of MYCN and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, MYCN or QQQ?
MYCN has an expense ratio of 0.15% while QQQ charges 0.18%. MYCN is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, MYCN or QQQ?
Over the past year MYCN returned -2.27% vs +25.94% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), MYCN annualized +1.24% vs +25.10% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MYCN or QQQ?
QQQ has been the more volatile fund at 18.1% annualized versus 4.8% for MYCN. Worst drawdown: MYCN -5.0% vs QQQ -22.8%.
Should I hold both MYCN and QQQ?
MYCN and QQQ have a monthly-return correlation of 0.26, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, MYCN or QQQ?
MYCN yields 5.07% while QQQ yields 0.42%, so MYCN currently pays the higher dividend yield.
Is QQQ better than MYCN?
MYCN has a lower expense ratio. QQQ led over 1Y and the full window. MYCN is less concentrated, with 20.4% of the fund in its ten largest positions against 47.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.