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IJAN vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IJAN and QQQ is 0.72, 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

IJAN vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator International Developed Power Buffer ETF - January (IJAN) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

IJAN:

0.59

QQQ:

0.66

Sortino Ratio

IJAN:

1.01

QQQ:

1.01

Omega Ratio

IJAN:

1.14

QQQ:

1.14

Calmar Ratio

IJAN:

0.75

QQQ:

0.67

Martin Ratio

IJAN:

1.92

QQQ:

2.18

Ulcer Index

IJAN:

4.02%

QQQ:

7.02%

Daily Std Dev

IJAN:

11.49%

QQQ:

25.62%

Max Drawdown

IJAN:

-22.68%

QQQ:

-82.98%

Current Drawdown

IJAN:

0.00%

QQQ:

-2.88%

Returns By Period

In the year-to-date period, IJAN achieves a 11.82% return, which is significantly higher than QQQ's 2.50% return.


IJAN

YTD

11.82%

1M

2.65%

6M

7.46%

1Y

6.70%

3Y*

9.41%

5Y*

7.40%

10Y*

N/A

QQQ

YTD

2.50%

1M

7.03%

6M

1.85%

1Y

16.79%

3Y*

20.37%

5Y*

17.93%

10Y*

17.87%

*Annualized

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Invesco QQQ

IJAN vs. QQQ - Expense Ratio Comparison

IJAN has a 0.85% expense ratio, which is higher than QQQ's 0.20% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

IJAN vs. QQQ — Risk-Adjusted Performance Rank

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

IJAN
The Risk-Adjusted Performance Rank of IJAN is 5656
Overall Rank
The Sharpe Ratio Rank of IJAN is 5252
Sharpe Ratio Rank
The Sortino Ratio Rank of IJAN is 5656
Sortino Ratio Rank
The Omega Ratio Rank of IJAN is 5454
Omega Ratio Rank
The Calmar Ratio Rank of IJAN is 6767
Calmar Ratio Rank
The Martin Ratio Rank of IJAN is 5050
Martin Ratio Rank

QQQ
The Risk-Adjusted Performance Rank of QQQ is 5858
Overall Rank
The Sharpe Ratio Rank of QQQ is 5656
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQ is 5757
Sortino Ratio Rank
The Omega Ratio Rank of QQQ is 5757
Omega Ratio Rank
The Calmar Ratio Rank of QQQ is 6565
Calmar Ratio Rank
The Martin Ratio Rank of QQQ is 5656
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

IJAN vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator International Developed Power Buffer ETF - January (IJAN) 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.


The current IJAN Sharpe Ratio is 0.59, which is comparable to the QQQ Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of IJAN and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

IJAN vs. QQQ - Dividend Comparison

IJAN has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.57%.


TTM20242023202220212020201920182017201620152014
IJAN
Innovator International Developed Power Buffer ETF - January
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QQQ
Invesco QQQ
0.57%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%

Drawdowns

IJAN vs. QQQ - Drawdown Comparison

The maximum IJAN drawdown since its inception was -22.68%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for IJAN and QQQ.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

IJAN vs. QQQ - Volatility Comparison

The current volatility for Innovator International Developed Power Buffer ETF - January (IJAN) is 1.76%, while Invesco QQQ (QQQ) has a volatility of 5.56%. This indicates that IJAN experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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