QFLR vs. QQQ

Last updated Jun 4, 2026

QFLR (Innovator Nasdaq-100 Managed Floor ETF) and QQQ (Invesco QQQ ETF) are both Nasdaq-100 funds. QFLR is actively managed, while QQQ is passively managed. Over the past year, QFLR returned 26.98% vs 41.82% for QQQ. Their correlation of 0.93 suggests significant overlap in exposure. QFLR charges 0.89%/yr vs 0.18%/yr for QQQ.

Performance

QFLR vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Nasdaq-100 Managed Floor ETF (QFLR) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QFLR achieves a 6.90% return, which is significantly lower than QQQ's 21.30% return.

QFLR

• 1D: 0.01%
• 1M: 3.99%
• YTD: 6.90%
• 6M: 5.88%
• 1Y: 26.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQ

• 1D: -0.26%
• 1M: 10.60%
• YTD: 21.30%
• 6M: 19.66%
• 1Y: 41.82%
• 3Y*: 28.78%
• 5Y*: 17.97%
• 10Y*: 21.94%

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

QFLR vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QFLR Innovator Nasdaq-100 Managed Floor ETF	6.90%	17.27%	16.64%
QQQ Invesco QQQ ETF	21.30%	20.77%	20.62%

Correlation

The correlation between QFLR and QQQ is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (All Time) Calculated using the full available price history since Jan 26, 2024	0.93

The correlation between QFLR and QQQ has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.

QFLR vs. QQQ - Sectors Allocation Comparison

Sectors	QFLR	QQQ
Technology	50.8%	53.8%
Communication Services	18.4%	15.8%
Consumer Cyclical	12.1%	12.3%
Consumer Defensive	9.2%	7.7%
Healthcare	3.2%	4.2%
Industrials	2.8%	2.8%
Utilities	1.5%	1.4%
Energy	1.1%	0.6%
Financial Services	0.9%	0.2%
Basic Materials	0.0%	1.1%
Real Estate	-	0.1%

Return for Risk

QFLR vs. QQQ — Risk / Return Rank

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

QFLR

QFLR Risk / Return Rank: 74
QFLR Sharpe Ratio Rank: 73
QFLR Sortino Ratio Rank: 71
QFLR Omega Ratio Rank: 74
QFLR Calmar Ratio Rank: 71
QFLR Martin Ratio Rank: 78

QQQ

QQQ Risk / Return Rank: 73
QQQ Sharpe Ratio Rank: 79
QQQ Sortino Ratio Rank: 75
QQQ Omega Ratio Rank: 74
QQQ Calmar Ratio Rank: 69
QQQ Martin Ratio Rank: 71

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.

QFLR vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Nasdaq-100 Managed Floor ETF (QFLR) and Invesco QQQ ETF (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.

	QFLR	QQQ	Difference
Sharpe ratio: Return per unit of total volatility	2.41	2.64	-0.23
Sortino ratio: Return per unit of downside risk	3.26	3.45	-0.19
Omega ratio: Gain probability vs. loss probability	1.44	1.45	-0.01
Calmar ratio: Return relative to maximum drawdown	3.56	3.51	+0.05
Martin ratio: Return relative to average drawdown	15.19	13.49	+1.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QFLR vs. QQQ - Sharpe Ratio Comparison

The current QFLR Sharpe Ratio is 2.41, which is comparable to the QQQ Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of QFLR and QQQ, 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

	QFLR	QQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.41	2.64	-0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.81	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.99	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.40	0.41	+0.99

Drawdowns

QFLR vs. QQQ - Drawdown Comparison

The maximum QFLR drawdown since its inception was -13.97%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for QFLR and QQQ.

Drawdown Indicators

	QFLR	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	-13.97%	-82.97%	+69.00%
Max Drawdown (1Y) Largest decline over 1 year	-7.61%	-11.96%	+4.35%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.77%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.12%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.12%	—
Current Drawdown Current decline from peak	-0.48%	-0.26%	-0.22%
Average Drawdown Average peak-to-trough decline	-2.50%	-32.79%	+30.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.78%	3.11%	-1.33%

Volatility

QFLR vs. QQQ - Volatility Comparison

The current volatility for Innovator Nasdaq-100 Managed Floor ETF (QFLR) is 2.53%, while Invesco QQQ ETF (QQQ) has a volatility of 4.49%. This indicates that QFLR 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.

Volatility by Period

	QFLR	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.53%	4.49%	-1.96%
Volatility (6M) Calculated over the trailing 6-month period	8.05%	12.10%	-4.05%
Volatility (1Y) Calculated over the trailing 1-year period	11.28%	15.94%	-4.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.62%	22.38%	-9.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.62%	22.29%	-9.67%

QFLR vs. QQQ - Expense Ratio Comparison

QFLR has a 0.89% expense ratio, which is higher than QQQ's 0.18% expense ratio.

Dividends

QFLR vs. QQQ - Dividend Comparison

QFLR has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.38%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QFLR Innovator Nasdaq-100 Managed Floor ETF	0.00%	0.02%	0.03%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QQQ Invesco QQQ ETF	0.38%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%

Frequently Asked Questions

Can I hold both QFLR and QQQ in my portfolio?

With a correlation of 0.91, QFLR and QQQ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, QFLR or QQQ?

QQQ has higher volatility (4.49%) compared to QFLR (2.53%). In terms of maximum drawdown, QFLR dropped -13.97% vs QQQ's -82.97%.

Which ETF is better, QFLR or QQQ?

On 1-year performance, QQQ leads with 41.82% vs 26.98% for QFLR. On fees, QQQ is cheaper at 0.18% per year. On volatility, QFLR has been the lower-risk option at 2.53%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QFLR or QQQ?

Over the 1-year period, QQQ has performed better with a 41.82% return vs 26.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QFLR or QQQ?

QQQ is cheaper with a 0.18% expense ratio, compared with 0.89% for QFLR.

Which ETF pays a higher dividend yield, QFLR or QQQ?

QQQ has the higher dividend yield at 0.38%, compared with 0.00% for QFLR.

What is the main difference between QFLR and QQQ?

They also come from different issuers: Innovator and Invesco. Their fees differ too: 0.89% for QFLR and 0.18% for QQQ.

Which has better risk-adjusted returns?

QQQ currently has the higher Sharpe Ratio (2.64 vs 2.41), 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.