QQQ vs RMCA
Invesco QQQ Trust, Series 1 vs Rockefeller California Municipal Bond ETF
Which is better, QQQ or RMCA?
Large Cap Growth against Municipal California.
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 | QQQ | RMCA |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.55% |
| AUM | $483.5B | $19M |
| Dividend Yield | 0.44% | 4.87% |
| Holdings | 107 | 87 |
| YTD Return | +15.21%Best | -1.34% |
| 1Y Return | +19.78%Best | +0.06% |
| 3Y Return (annualized) | +24.58% | - |
| 5Y Return (annualized) | +13.93% | - |
| Volatility (annualized) | 18.3% | 5.2%Best |
| Max Drawdown | -22.8% | -6.3%Best |
| $10,000 over 2.1 years | $15,422Best | $10,067 |
| Fund Family | Invesco (US) | Rockefeller Capital Management |
| Category | Equity | Tax Preferred |
| Style | Large Cap Growth | Municipal California |
| Inception | Mar 10, 1999 | Aug 12, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Aug 13, 2024 to Sep 16, 2026 (2.1 years).
QQQ vs RMCA 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 2.1 years both funds cover.
QQQ vs RMCA Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Rockefeller California Municipal Bond ETF (RMCA) is an ETF from Rockefeller Capital Management. Over the past year QQQ returned +19.78% while RMCA returned +0.06%. Year to date, QQQ is up 15.21% versus a loss of 1.34% for RMCA.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.3% compared with 5.2% for RMCA. 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 -22.8% for QQQ and -6.3% for RMCA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.40. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while RMCA charges 0.55%. On a $10,000 position that is $18 vs $55 annually, a gap of $37 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 4.87% for RMCA.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 22 in RMCA, totalling 99.9% and 24.3% 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 102 positions we hold weights for in QQQ and 22 in RMCA, against full books of 107 and 87.
You are not choosing between two funds in isolation.
Whichever of QQQ and RMCA 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, QQQ or RMCA?
QQQ has an expense ratio of 0.18% while RMCA charges 0.55%. QQQ is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, QQQ or RMCA?
Over the past year QQQ returned +19.78% vs +0.06% for RMCA, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +22.91% vs +0.32% for RMCA. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or RMCA?
QQQ has been the more volatile fund at 18.3% annualized versus 5.2% for RMCA. Worst drawdown: QQQ -22.8% vs RMCA -6.3%.
Should I hold both QQQ and RMCA?
QQQ and RMCA have a monthly-return correlation of 0.40, 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, QQQ or RMCA?
QQQ yields 0.44% while RMCA yields 4.87%, so RMCA currently pays the higher dividend yield.
Is RMCA better than QQQ?
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.