NYM vs QQQ
AB New York Intermediate Municipal ETF vs Invesco QQQ Trust, Series 1
Which is better, NYM or QQQ?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window.
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 | NYM | QQQ |
|---|---|---|
| Expense Ratio | 0.27% | 0.18%Best |
| AUM | $1.3B | $437.3B |
| Dividend Yield | 2.74% | 0.43% |
| Holdings | 852 | 208 |
| YTD Return | +1.26% | +12.98%Best |
| 1Y Return | +1.55% | +11.59%Best |
| 3Y Return (annualized) | - | +23.05% |
| 5Y Return (annualized) | - | +12.74% |
| Volatility (annualized) | 4.4%Best | 23.1% |
| Max Drawdown | -4.0%Best | -14.8% |
| $10,000 over 1 years | $10,161 | $11,127Best |
| Fund Family | AllianceBernstein L.P. | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Growth |
| Inception | Nov 7, 2025 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Nov 10, 2025 to Nov 11, 2026 (1 years).
NYM 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 1 years both funds cover.
NYM vs QQQ Performance
AB New York Intermediate Municipal ETF (NYM) is an ETF from AllianceBernstein L.P. and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year NYM returned +1.55% while QQQ returned +11.59%. Year to date, NYM is up 1.26% versus a gain of 12.98% 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 23.1% compared with 4.4% for NYM. 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 -4.0% for NYM and -14.8% 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 -0.03. They move largely independently of each other.
Fees and Cost Over Time
NYM charges 0.27% per year while QQQ charges 0.18%. On a $10,000 position that is $27 vs $18 annually, a gap of $9 per year that compounds over a long holding period. On income, NYM currently yields 2.74% against 0.43% for QQQ.
Holdings Overlap
We hold position weights for 106 holdings in NYM and 101 in QQQ, totalling 29.2% and 99.7% 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 106 positions we hold weights for in NYM and 101 in QQQ, against full books of 852 and 208.
You are not choosing between two funds in isolation.
Whichever of NYM 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, NYM or QQQ?
NYM has an expense ratio of 0.27% while QQQ charges 0.18%. QQQ is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, NYM or QQQ?
Over the past year NYM returned +1.55% vs +11.59% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), NYM annualized +1.61% vs +11.27% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NYM or QQQ?
QQQ has been the more volatile fund at 23.1% annualized versus 4.4% for NYM. Worst drawdown: NYM -4.0% vs QQQ -14.8%.
Should I hold both NYM and QQQ?
NYM and QQQ have a monthly-return correlation of -0.03, 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, NYM or QQQ?
NYM yields 2.74% while QQQ yields 0.43%, so NYM currently pays the higher dividend yield.
Is QQQ better than NYM?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.