QQQ vs SHM

AQQQ

BSHM

Measures won3–3level · of 6 · 5Y

$10,000 · 5Y$18,068QQQ · SPY $17,493

Lowest cost0.05%MUB · $5 on $10k

Most income3.26%MUB · $326 on $10k

Smallest drop−2.7%SHM · worst fall in 1Y

Held in common[…]QQQ and SHM

QQQ

SHM

Invesco QQQ Trust, Series 1 · $446BState Street SPDR Nuveen ICE Short Term Municipal Bond ETF · $3.5B

+23.9%3 years · per year$19,011 · $11,019+3.3%

+12.6%5 years · per year$18,068 · $10,571+1.1%

0.18%Expense ratio$18 · $20 on $10k · lower wins0.20%

0.46%12-mo yield$46 · $270 on $10k2.70%

−14.8%Worst dropSmaller wins−2.7%

21.5%VolatilityLower wins1.8%

3–3Level

$10,000 · 5 yearsAll four, one scale

Shared top holdingsQQQ · SHM

They share no top holdings, or holdings aren’t on file […]

Held in common[…]

End-of-day Nov 9, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

All Four

5Y4 funds

#
1	AQQQ	Invesco QQQ Trust, Series 1Read Desk	0.18%	0.46%	+3.5%	+11.0%	+11.6%	+23.9%	+12.6%	−14.8%	$446.1B
2	SPY	State Street SPDR S&P 500 ETFRead Desk	0.09%	1.01%	+2.4%	+11.2%	+13.5%	+21.9%	+11.8%	−8.9%	$777.9B
3	BSHM	State Street SPDR Nuveen ICE Short Term Municipal Bond ETFRead Desk	0.20%	2.70%	0.0%	+1.4%	+2.1%	+3.3%	+1.1%	−2.7%	$3.5B
4	MUB	iShares National Muni Bond ETFRead Desk	0.05%	3.26%	+0.1%	+0.7%	+1.1%	+4.1%	+0.8%	−6.3%	$55.0B

End-of-day Nov 9, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

All Four

5Y4 funds

#
1	AQQQ	Invesco QQQ Trust, Series 1Read Desk	0.18%	0.46%	+3.5%	+11.0%	+11.6%	+23.9%	+12.6%	−14.8%	$446.1B
2	SPY	State Street SPDR S&P 500 ETFRead Desk	0.09%	1.01%	+2.4%	+11.2%	+13.5%	+21.9%	+11.8%	−8.9%	$777.9B
3	BSHM	State Street SPDR Nuveen ICE Short Term Municipal Bond ETFRead Desk	0.20%	2.70%	0.0%	+1.4%	+2.1%	+3.3%	+1.1%	−2.7%	$3.5B
4	MUB	iShares National Muni Bond ETFRead Desk	0.05%	3.26%	+0.1%	+0.7%	+1.1%	+4.1%	+0.8%	−6.3%	$55.0B

End-of-day Nov 9, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

QQQ vs SHM

QQQ

Invesco QQQ Trust

$18,068

SHM

SPDR Nuveen ICE Short Term Municipal Bond

$10,571

MeasureQQQSHM

Fee0.18%0.20%

Cost on $10k a year$18$20

Yield0.46%2.70%

5 years, per year+12.6%+1.1%

3 years, per year+23.9%+3.3%

Worst drop · 1Y−14.8%−2.7%

Volatility · 1Y21.5%1.8%

3–3measures won
level

Nov 9, 2026 · $10,000 five years ago, dividends reinvested

SPYM vs SPY

YTD

SPDRSPYM

+11.3%

SPYSPDR

+11.2%

+11.3%Year to date+11.2%

1.0%Yield1.0%

$179BAssets$778B

1–0SPYM wins

End-of-day Nov 9, 2026

QQQM vs QQQ

YTD

InvescoQQQM

+10.9%

QQQInvesco

+11.0%

+10.9%Year to date+11.0%

0.15% · $15Fee · on $10k a year0.18% · $18

$103BAssets$446B

1–1level

End-of-day Nov 9, 2026

TQQQ vs QQQ

YTD

ProSharesTQQQ

+9.9%

QQQInvesco

+11.0%

+9.9%Year to date+11.0%

0.94% · $94Fee · on $10k a year0.18% · $18

$29.1BAssets$446B

2–0QQQ wins

End-of-day Nov 9, 2026

Overlap: QQQ, SHM, MUB, SPY

Today

52.4%most shared, QQQ and SPY

QQQSHMMUBSPY

QQQ—[…][…]52.4%

SHM[…]—[…][…]

MUB[…][…]—[…]

SPY52.4%[…][…]—

End-of-day Nov 9, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$321most kept, MUB

MUB$326 − $5 = $321

SHM$270 − $20 = $250

SPY$101 − $9 = $92

QQQ$46 − $18 = $28

KeptFee

End-of-day Nov 9, 2026 · yield in dollars minus the fee