PCMM vs QQQ
BondBloxx Private Credit CLO ETF vs Invesco QQQ Trust, Series 1
Which is better, PCMM or QQQ?
Bank Loan against Large Cap Growth.
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 | PCMM | QQQ |
|---|---|---|
| Expense Ratio | 0.68% | 0.18%Best |
| AUM | $209M | $483.5B |
| Dividend Yield | 6.36% | 0.44% |
| Holdings | 82 | 107 |
| YTD Return | +3.85% | +21.71%Best |
| 1Y Return | +5.13% | +25.89%Best |
| 3Y Return (annualized) | - | +28.80% |
| 5Y Return (annualized) | - | +15.67% |
| Volatility (annualized) | 2.5%Best | 19.6% |
| Max Drawdown | -4.0%Best | -22.8% |
| $10,000 over 1.8 years | $11,335 | $14,505Best |
| Fund Family | BondBloxx | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | Bank Loan | Large Cap Growth |
| Inception | Dec 2, 2024 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 3, 2024 to Sep 25, 2026 (1.8 years).
PCMM 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 1.8 years both funds cover.
PCMM vs QQQ Performance
BondBloxx Private Credit CLO ETF (PCMM) is an ETF from BondBloxx and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year PCMM returned +5.13% while QQQ returned +25.89%. Year to date, PCMM is up 3.85% versus a gain of 21.71% 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 19.6% compared with 2.5% for PCMM. 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 PCMM 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 0.27. They move largely independently of each other.
Fees and Cost Over Time
PCMM charges 0.68% per year while QQQ charges 0.18%. On a $10,000 position that is $68 vs $18 annually, a gap of $50 per year that compounds over a long holding period. On income, PCMM currently yields 6.36% against 0.44% for QQQ.
You are not choosing between two funds in isolation.
Whichever of PCMM 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, PCMM or QQQ?
PCMM has an expense ratio of 0.68% while QQQ charges 0.18%. QQQ is the cheaper option, by $50 a year on a $10,000 investment.
Which performed better, PCMM or QQQ?
Over the past year PCMM returned +5.13% vs +25.89% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), PCMM annualized +7.21% vs +22.95% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PCMM or QQQ?
QQQ has been the more volatile fund at 19.6% annualized versus 2.5% for PCMM. Worst drawdown: PCMM -4.0% vs QQQ -22.8%.
Should I hold both PCMM and QQQ?
PCMM and QQQ have a monthly-return correlation of 0.27, 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, PCMM or QQQ?
PCMM yields 6.36% while QQQ yields 0.44%, so PCMM currently pays the higher dividend yield.
Is QQQ better than PCMM?
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.