MYMF vs QQQ
State Street My2026 Municipal Bond ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | MYMF | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.18% | |
| AUM | $9M | $496.3B | |
| Dividend Yield | 2.45% | 0.44% | |
| Holdings | 70 | 108 | |
| YTD Return | +1.04% | +16.64% | |
| 1Y Return | +2.30% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 1.2% | 30.6% | |
| Max Drawdown | -2.0% | -83.0% | |
| Fund Family | State Street Investment Management | Invesco (US) | |
| Category | Tax Preferred | Equity | |
| Inception | Sep 23, 2024 | Mar 10, 1999 |
MYMF vs QQQ Performance
State Street My2026 Municipal Bond ETF (MYMF) 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 MYMF returned +2.30% while QQQ returned +27.27%. Year to date, MYMF is up 1.04% 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 1.2% for MYMF. 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 -2.0% for MYMF 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 0.16. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MYMF charges 0.20% per year while QQQ charges 0.18%. On a $10,000 position that is $20 vs $18 annually, a gap of $2 per year that compounds over a long holding period. On income, MYMF currently yields 2.45% against 0.44% for QQQ.
Holdings Overlap
MYMF and QQQ share 0 holdings out of 114 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, MYMF or QQQ?
MYMF has an expense ratio of 0.20% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $2 per year of difference.
Which performed better, MYMF or QQQ?
Over the past year MYMF returned +2.30% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), MYMF annualized +2.38% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, MYMF or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 1.2% for MYMF. Worst drawdown: MYMF -2.0% vs QQQ -83.0%.
Should I hold both MYMF and QQQ?
MYMF and QQQ have a monthly-return correlation of 0.16, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MYMF and QQQ?
MYMF and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 114 unique securities.
Which pays a higher dividend, MYMF or QQQ?
MYMF yields 2.45% while QQQ yields 0.44%, so MYMF currently pays the higher dividend yield.
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