MUNG vs QQQ
Northern Trust 2046 Tax-Exempt Distributing Ladder ETF vs Invesco QQQ Trust, Series 1
Which is better, MUNG or QQQ?
Long Term Municipal Bond against Large Cap Growth.
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 | MUNG | QQQ |
|---|---|---|
| Expense Ratio | 0.18%Tie | 0.18%Tie |
| AUM | $10M | $506.1B |
| Dividend Yield | 0.00% | 0.42% |
| Holdings | 183 | 321 |
| YTD Return | -2.85% | +19.30%Best |
| 1Y Return | - | +22.47% |
| 3Y Return (annualized) | - | +26.18% |
| 5Y Return (annualized) | - | +15.42% |
| Fund Family | Northern Trust Asset Management | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | Long Term Municipal Bond | Large Cap Growth |
| Inception | Aug 25, 2026 | Mar 10, 1999 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
MUNG 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.
MUNG vs QQQ Performance
Northern Trust 2046 Tax-Exempt Distributing Ladder ETF (MUNG) is an ETF from Northern Trust Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Year to date, MUNG is down 2.85% versus a gain of 19.30% for QQQ.
Past performance does not guarantee future results.
Fees and Cost Over Time
MUNG charges 0.18% per year while QQQ charges 0.18%. On a $10,000 position that is $18 vs $18 annually. On income, MUNG currently yields 0.00% against 0.42% for QQQ.
Holdings Overlap
We hold position weights for 13 holdings in MUNG and 101 in QQQ, totalling 5.4% and 99.6% 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 13 positions we hold weights for in MUNG and 101 in QQQ, against full books of 183 and 321.
You are not choosing between two funds in isolation.
Whichever of MUNG 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, MUNG or QQQ?
MUNG has an expense ratio of 0.18% while QQQ charges 0.18%. At the precision these are quoted to, they cost the same.
Which pays a higher dividend, MUNG or QQQ?
MUNG yields 0.00% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than MUNG?
MUNG and QQQ are close on every measure we can compare. Which one suits a particular account depends on what it is for. This is information, not a recommendation.