BOUT vs. QQJG

Last updated Jun 4, 2026

BOUT (Innovator IBD Breakout Opportunities ETF) and QQJG (Invesco ESG NASDAQ Next Gen 100 ETF) are both Mid Cap Growth Equities funds - BOUT tracks the IBD Breakout Stocks Total Return Index while QQJG tracks the Nasdaq Next Generation 100 ESG Index - Benchmark TR Gross. Both are passively managed. Over the past 3 years, BOUT returned 17.42%/yr vs 14.09%/yr for QQJG. A 0.70 correlation means they provide meaningful diversification when combined. BOUT charges 0.80%/yr vs 0.20%/yr for QQJG.

Performance

BOUT vs. QQJG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator IBD Breakout Opportunities ETF (BOUT) and Invesco ESG NASDAQ Next Gen 100 ETF (QQJG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BOUT achieves a 31.39% return, which is significantly higher than QQJG's 1.44% return.

BOUT

• 1D: -0.01%
• 1M: 5.85%
• YTD: 31.39%
• 6M: 30.30%
• 1Y: 35.27%
• 3Y*: 17.42%
• 5Y*: 8.25%
• 10Y*: —

QQJG

• 1D: 0.00%
• 1M: 0.00%
• YTD: 1.44%
• 6M: 1.92%
• 1Y: 18.92%
• 3Y*: 14.09%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BOUT vs. QQJG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BOUT Innovator IBD Breakout Opportunities ETF	31.39%	-6.77%	18.82%	13.27%	-22.60%	7.48%
QQJG Invesco ESG NASDAQ Next Gen 100 ETF	1.44%	18.05%	14.67%	17.20%	-27.69%	0.91%

Correlation

The correlation between BOUT and QQJG is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (All Time) Calculated using the full available price history since Oct 28, 2021	0.70

The correlation between BOUT and QQJG shifts across timeframes, from 0.54 (1 year) to 0.70 (3 years), reflecting how their relationship changes across market environments.

BOUT vs. QQJG - Sectors Allocation Comparison

Sectors	BOUT	QQJG
Technology	28.4%	44.5%
Financial Services	22.9%	0.1%
Basic Materials	9.9%	2.5%
Consumer Defensive	9.7%	3.4%
Industrials	9.7%	6.4%
Consumer Cyclical	8.5%	14.3%
Utilities	7.0%	-
Real Estate	3.5%	-
Energy	3.1%	1.6%
Healthcare	2.6%	18.2%
Communication Services	2.0%	6.2%

Return for Risk

BOUT vs. QQJG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BOUT

BOUT Risk / Return Rank: 51
BOUT Sharpe Ratio Rank: 49
BOUT Sortino Ratio Rank: 47
BOUT Omega Ratio Rank: 46
BOUT Calmar Ratio Rank: 61
BOUT Martin Ratio Rank: 53

QQJG

QQJG Risk / Return Rank: 45
QQJG Sharpe Ratio Rank: 39
QQJG Sortino Ratio Rank: 38
QQJG Omega Ratio Rank: 46
QQJG Calmar Ratio Rank: 49
QQJG Martin Ratio Rank: 53

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BOUT vs. QQJG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator IBD Breakout Opportunities ETF (BOUT) and Invesco ESG NASDAQ Next Gen 100 ETF (QQJG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BOUT	QQJG	Difference
Sharpe ratio: Return per unit of total volatility	1.71	1.37	+0.34
Sortino ratio: Return per unit of downside risk	2.33	1.97	+0.36
Omega ratio: Gain probability vs. loss probability	1.30	1.29	+0.01
Calmar ratio: Return relative to maximum drawdown	3.01	2.42	+0.60
Martin ratio: Return relative to average drawdown	9.00	8.87	+0.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BOUT vs. QQJG - Sharpe Ratio Comparison

The current BOUT Sharpe Ratio is 1.71, which is comparable to the QQJG Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of BOUT and QQJG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BOUT	QQJG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.71	1.37	+0.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.17	+0.24

Drawdowns

BOUT vs. QQJG - Drawdown Comparison

The maximum BOUT drawdown since its inception was -36.75%, roughly equal to the maximum QQJG drawdown of -36.76%. Use the drawdown chart below to compare losses from any high point for BOUT and QQJG.

Drawdown Indicators

	BOUT	QQJG	Difference
Max Drawdown Largest peak-to-trough decline	-36.75%	-36.76%	+0.01%
Max Drawdown (1Y) Largest decline over 1 year	-11.76%	-7.93%	-3.83%
Max Drawdown (3Y) Largest decline over 3 years	-25.31%	-23.48%	-1.83%
Max Drawdown (5Y) Largest decline over 5 years	-28.28%	—	—
Current Drawdown Current decline from peak	-0.01%	-2.09%	+2.08%
Average Drawdown Average peak-to-trough decline	-12.29%	-15.32%	+3.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.93%	2.15%	+1.78%

Volatility

BOUT vs. QQJG - Volatility Comparison

Innovator IBD Breakout Opportunities ETF (BOUT) has a higher volatility of 5.96% compared to Invesco ESG NASDAQ Next Gen 100 ETF (QQJG) at 0.00%. This indicates that BOUT's price experiences larger fluctuations and is considered to be riskier than QQJG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BOUT	QQJG	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.96%	0.00%	+5.96%
Volatility (6M) Calculated over the trailing 6-month period	16.05%	8.32%	+7.73%
Volatility (1Y) Calculated over the trailing 1-year period	20.79%	14.05%	+6.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.48%	21.70%	-2.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.93%	21.70%	+1.23%

BOUT vs. QQJG - Expense Ratio Comparison

BOUT has a 0.80% expense ratio, which is higher than QQJG's 0.20% expense ratio.

Dividends

BOUT vs. QQJG - Dividend Comparison

BOUT's dividend yield for the trailing twelve months is around 0.26%, less than QQJG's 13.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BOUT Innovator IBD Breakout Opportunities ETF	0.26%	0.34%	0.60%	1.32%	1.35%	0.00%	0.00%	0.00%	0.22%
QQJG Invesco ESG NASDAQ Next Gen 100 ETF	13.86%	0.68%	0.65%	0.54%	0.70%	0.08%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BOUT and QQJG in my portfolio?

BOUT and QQJG have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BOUT or QQJG?

BOUT has higher volatility (5.96%) compared to QQJG (0.00%). In terms of maximum drawdown, BOUT dropped -36.75% vs QQJG's -36.76%.

Which ETF is better, BOUT or QQJG?

On 3-year performance, BOUT leads with 17.42% vs 14.09% for QQJG. On fees, QQJG is cheaper at 0.20% per year. On volatility, QQJG has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BOUT or QQJG?

Over the 3-year period, BOUT has performed better with a 17.42% return vs 14.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BOUT or QQJG?

QQJG is cheaper with a 0.20% expense ratio, compared with 0.80% for BOUT.

Which ETF pays a higher dividend yield, BOUT or QQJG?

QQJG has the higher dividend yield at 13.86%, compared with 0.26% for BOUT.

What is the main difference between BOUT and QQJG?

BOUT tracks IBD Breakout Stocks Total Return Index, while QQJG tracks Nasdaq Next Generation 100 ESG Index - Benchmark TR Gross. They also come from different issuers: Innovator and Invesco. Their fees differ too: 0.80% for BOUT and 0.20% for QQJG.

Which has better risk-adjusted returns?

BOUT currently has the higher Sharpe Ratio (1.71 vs 1.37), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.