MGF vs QQQ
Aberdeen Government Markets Income Fund vs Invesco QQQ Trust, Series 1
Which is better, MGF or QQQ?
Long Term High Quality against Large Cap Growth.
MGF led over 1Y, 3Y and 5Y, QQQ over 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 | MGF | QQQ |
|---|---|---|
| Expense Ratio | - | 0.18% |
| AUM | $94M | $506.1B |
| Dividend Yield | 8.03% | 0.42% |
| Holdings | 469 | 321 |
| YTD Return | +371.40%Best | +19.30% |
| 1Y Return | +369.46%Best | +22.47% |
| 3Y Return (annualized) | +77.44%Best | +26.18% |
| 5Y Return (annualized) | +35.68%Best | +15.42% |
| Volatility (annualized) | 75.7% | 30.5%Best |
| Max Drawdown | -55.5%Best | -83.0% |
| $10,000 over 5 years | $45,981Best | $20,484 |
| Fund Family | Aberdeen Asset Management | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | Long Term High Quality | Large Cap Growth |
| Inception | May 28, 1987 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Mar 10, 1999 to Oct 14, 2026 (27.6 years).
MGF 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
MGF vs QQQ Performance
Aberdeen Government Markets Income Fund (MGF) is an ETF from Aberdeen Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year MGF returned +369.46% while QQQ returned +22.47%. Year to date, MGF is up 371.40% versus a gain of 19.30% for QQQ.
Over three years, MGF compounded at +77.44% per year against +26.18% for QQQ; over five years the annualized figures are +35.68% and +15.42% respectively. Across the full 28-year window we track, QQQ has the edge at +13.05% annualized vs +4.36%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MGF has been the more volatile fund, with annualized monthly volatility of 75.7% compared with 30.5% for QQQ. 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 -55.5% for MGF and -83.0% 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 -0.01. They move largely independently of each other.
Holdings Overlap
We hold position weights for 194 holdings in MGF and 101 in QQQ, totalling 61.4% and 99.6% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 62 days apart, MGF as of Jul 31, 2026 and QQQ as of Oct 1, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 194 positions we hold weights for in MGF and 101 in QQQ, against full books of 469 and 321.
You are not choosing between two funds in isolation.
Whichever of MGF 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 performed better, MGF or QQQ?
Over the past year MGF returned +369.46% vs +22.47% for QQQ, so MGF leads on 1-year performance. Over the longest common window we track (28 years), MGF annualized +4.36% vs +13.05% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MGF or QQQ?
MGF has been the more volatile fund at 75.7% annualized versus 30.5% for QQQ. Worst drawdown: MGF -55.5% vs QQQ -83.0%.
Should I hold both MGF and QQQ?
MGF and QQQ have a monthly-return correlation of -0.01, 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, MGF or QQQ?
MGF yields 8.03% while QQQ yields 0.42%, so MGF currently pays the higher dividend yield.
Is QQQ better than MGF?
MGF led over 1Y, 3Y and 5Y, QQQ over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.