MYLD vs QQQ

MYLD vs QQQ
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Quick Verdict

QQQ has a lower expense ratio. MYLD delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.

Lower Fees: QQQHigher Returns: MYLDMore Diversified: QQQ

Side-by-Side Comparison

MetricMYLDQQQWinner
Expense Ratio1.09%0.18%
AUM$53M$496.3B
Dividend Yield2.11%0.44%
Holdings102108
YTD Return+25.03%+16.64%
1Y Return+38.17%+27.27%
3Y Return (annualized)-+25.96%
5Y Return (annualized)-+14.54%
Volatility (annualized)17.1%30.6%
Max Drawdown-28.2%-83.0%
Fund FamilyCambria Investment ManagementInvesco (US)
CategoryEquityEquity
InceptionJan 4, 2024Mar 10, 1999

MYLD vs QQQ Performance

Cambria Micro and SmallCap Shareholder Yield ETF (MYLD) is a ETF from Cambria Investment Management and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year MYLD returned +38.17% while QQQ returned +27.27%. Year to date, MYLD is up 25.03% 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 17.1% for MYLD. 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 -28.2% for MYLD 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 0.36. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

MYLD charges 1.09% per year while QQQ charges 0.18%. On a $10,000 position that is $109 vs $18 annually, a gap of $91 per year that compounds over a long holding period. On income, MYLD currently yields 2.11% against 0.44% for QQQ.

Holdings Overlap

0.0%overlap

MYLD and QQQ share 0 holdings out of 203 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, MYLD or QQQ?

MYLD has an expense ratio of 1.09% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $91 per year of difference.

Which performed better, MYLD or QQQ?

Over the past year MYLD returned +38.17% vs +27.27% for QQQ, so MYLD leads on 1-year performance. Over the longest common window we track (3 years), MYLD annualized +11.80% vs +13.03% for QQQ. Past performance does not guarantee future results.

Which is riskier, MYLD or QQQ?

QQQ has been the more volatile fund at 30.6% annualized versus 17.1% for MYLD. Worst drawdown: MYLD -28.2% vs QQQ -83.0%.

Should I hold both MYLD and QQQ?

MYLD and QQQ have a monthly-return correlation of 0.36, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between MYLD and QQQ?

MYLD and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 203 unique securities.

Which pays a higher dividend, MYLD or QQQ?

MYLD yields 2.11% while QQQ yields 0.44%, so MYLD currently pays the higher dividend yield.

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