EALT vs. XDQQ
Compare and contrast key facts about Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly (EALT) and Innovator Growth Accelerated ETF - Quarterly (XDQQ).
EALT and XDQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EALT is an actively managed fund by Innovator. It was launched on Sep 29, 2023. XDQQ is an actively managed fund by Innovator. It was launched on Apr 1, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EALT or XDQQ.
Performance
EALT vs. XDQQ - Performance Comparison
Returns By Period
In the year-to-date period, EALT achieves a 19.38% return, which is significantly lower than XDQQ's 26.70% return.
EALT
19.38%
2.43%
11.60%
21.47%
N/A
N/A
XDQQ
26.70%
4.39%
12.72%
28.74%
N/A
N/A
Key characteristics
| EALT | XDQQ | |
|---|---|---|
| Sharpe Ratio | 2.50 | 1.84 |
| Sortino Ratio | 3.45 | 2.45 |
| Omega Ratio | 1.51 | 1.38 |
| Calmar Ratio | 3.69 | 1.69 |
| Martin Ratio | 16.27 | 9.90 |
| Ulcer Index | 1.32% | 2.90% |
| Daily Std Dev | 8.58% | 15.59% |
| Max Drawdown | -5.81% | -35.63% |
| Current Drawdown | 0.00% | -0.21% |
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EALT vs. XDQQ - Expense Ratio Comparison
EALT has a 0.69% expense ratio, which is lower than XDQQ's 0.79% expense ratio.
Correlation
The correlation between EALT and XDQQ is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
EALT vs. XDQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly (EALT) and Innovator Growth Accelerated ETF - Quarterly (XDQQ). 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.
Dividends
EALT vs. XDQQ - Dividend Comparison
Neither EALT nor XDQQ has paid dividends to shareholders.
Drawdowns
EALT vs. XDQQ - Drawdown Comparison
The maximum EALT drawdown since its inception was -5.81%, smaller than the maximum XDQQ drawdown of -35.63%. Use the drawdown chart below to compare losses from any high point for EALT and XDQQ. For additional features, visit the drawdowns tool.
Volatility
EALT vs. XDQQ - Volatility Comparison
The current volatility for Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly (EALT) is 2.70%, while Innovator Growth Accelerated ETF - Quarterly (XDQQ) has a volatility of 4.41%. This indicates that EALT experiences smaller price fluctuations and is considered to be less risky than XDQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.