FFTY vs. QQQ
Compare and contrast key facts about Innovator IBD 50 ETF (FFTY) and Invesco QQQ (QQQ).
FFTY and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FFTY is a passively managed fund by Innovator that tracks the performance of the IBD 50 Index. It was launched on Apr 9, 2015. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both FFTY and QQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFTY or QQQ.
Key characteristics
| FFTY | QQQ | |
|---|---|---|
| YTD Return | 15.43% | 10.74% |
| 1Y Return | 22.74% | 39.36% |
| 3Y Return (Ann) | -13.24% | 12.27% |
| 5Y Return (Ann) | -2.67% | 20.73% |
| Sharpe Ratio | 0.96 | 2.43 |
| Daily Std Dev | 22.34% | 16.27% |
| Max Drawdown | -59.46% | -82.98% |
| Current Drawdown | -44.29% | 0.00% |
Correlation
The correlation between FFTY and QQQ is 0.79, 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.
Performance
FFTY vs. QQQ - Performance Comparison
In the year-to-date period, FFTY achieves a 15.43% return, which is significantly higher than QQQ's 10.74% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FFTY vs. QQQ - Expense Ratio Comparison
FFTY has a 0.80% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
FFTY vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator IBD 50 ETF (FFTY) and Invesco QQQ (QQQ). 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
FFTY vs. QQQ - Dividend Comparison
FFTY's dividend yield for the trailing twelve months is around 0.56%, less than QQQ's 0.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFTY Innovator IBD 50 ETF | 0.56% | 0.65% | 2.75% | 0.22% | 0.00% | 0.00% | 0.00% | 0.17% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.58% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
FFTY vs. QQQ - Drawdown Comparison
The maximum FFTY drawdown since its inception was -59.46%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FFTY and QQQ. For additional features, visit the drawdowns tool.
Volatility
FFTY vs. QQQ - Volatility Comparison
Innovator IBD 50 ETF (FFTY) has a higher volatility of 6.20% compared to Invesco QQQ (QQQ) at 5.12%. This indicates that FFTY's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.