MULT vs QQQ
MULT vs QQQ
Franklin Multisector Income ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. MULT offers more diversification with 177 holdings.
Side-by-Side Comparison
| Metric | MULT | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.18% | |
| AUM | $15M | $455.8B | |
| Dividend Yield | 2.61% | 0.41% | |
| Holdings | 278 | 108 | |
| YTD Return | +0.78% | +12.48% | |
| 1Y Return | +2.86% | +22.35% | |
| 3Y Return (annualized) | - | +22.30% | |
| 5Y Return (annualized) | - | +14.24% | |
| Volatility (annualized) | - | 30.6% | |
| Max Drawdown | -1.7% | -83.0% | |
| Fund Family | Franklin Templeton Investments (US) | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Aug 26, 2025 | Mar 10, 1999 |
MULT vs QQQ Performance
Franklin Multisector Income ETF (MULT) is a ETF from Franklin Templeton Investments (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year MULT returned +2.86% while QQQ returned +22.35%. Year to date, MULT is up 0.78% versus a gain of 12.48% for QQQ.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -1.7% for MULT and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
MULT charges 0.39% per year while QQQ charges 0.18%. On a $10,000 position that is $39 vs $18 annually, a gap of $21 per year that compounds over a long holding period. On income, MULT currently yields 2.61% against 0.41% for QQQ.
Holdings Overlap
MULT and QQQ share 0 holdings out of 280 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MULT or QQQ?
MULT has an expense ratio of 0.39% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $21 per year of difference.
Which performed better, MULT or QQQ?
Over the past year MULT returned +2.86% vs +22.35% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results.
What is the holdings overlap between MULT and QQQ?
MULT and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 280 unique securities.
Which pays a higher dividend, MULT or QQQ?
MULT yields 2.61% while QQQ yields 0.41%, so MULT currently pays the higher dividend yield.
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