Correlation
The correlation between QFLR and SFLR is 0.87, 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.
QFLR vs. SFLR
Compare and contrast key facts about Innovator Nasdaq-100 Managed Floor ETF (QFLR) and Innovator Equity Managed Floor ETF (SFLR).
QFLR and SFLR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QFLR is an actively managed fund by Innovator. It was launched on Jan 24, 2024. SFLR is an actively managed fund by Innovator. It was launched on Nov 8, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QFLR or SFLR.
Performance
QFLR vs. SFLR - Performance Comparison
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Key characteristics
QFLR:
0.56
SFLR:
0.77
QFLR:
0.70
SFLR:
0.94
QFLR:
1.10
SFLR:
1.13
QFLR:
0.48
SFLR:
0.63
QFLR:
1.24
SFLR:
1.96
QFLR:
5.44%
SFLR:
3.93%
QFLR:
14.23%
SFLR:
11.93%
QFLR:
-13.97%
SFLR:
-12.13%
QFLR:
-5.60%
SFLR:
-4.25%
Returns By Period
In the year-to-date period, QFLR achieves a -2.40% return, which is significantly lower than SFLR's -0.56% return.
QFLR
-2.40%
3.00%
-1.29%
8.11%
N/A
N/A
N/A
SFLR
-0.56%
2.72%
-2.39%
8.44%
N/A
N/A
N/A
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QFLR vs. SFLR - Expense Ratio Comparison
Both QFLR and SFLR have an expense ratio of 0.89%.
Risk-Adjusted Performance
QFLR vs. SFLR — Risk-Adjusted Performance Rank
QFLR
SFLR
QFLR vs. SFLR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Nasdaq-100 Managed Floor ETF (QFLR) and Innovator Equity Managed Floor ETF (SFLR). 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.
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Dividends
QFLR vs. SFLR - Dividend Comparison
QFLR's dividend yield for the trailing twelve months is around 0.04%, less than SFLR's 0.42% yield.
TTM | 2024 | 2023 | 2022 | |
---|---|---|---|---|
QFLR Innovator Nasdaq-100 Managed Floor ETF | 0.04% | 0.03% | 0.00% | 0.00% |
SFLR Innovator Equity Managed Floor ETF | 0.42% | 0.42% | 1.17% | 0.06% |
Drawdowns
QFLR vs. SFLR - Drawdown Comparison
The maximum QFLR drawdown since its inception was -13.97%, which is greater than SFLR's maximum drawdown of -12.13%. Use the drawdown chart below to compare losses from any high point for QFLR and SFLR.
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Volatility
QFLR vs. SFLR - Volatility Comparison
The current volatility for Innovator Nasdaq-100 Managed Floor ETF (QFLR) is 2.32%, while Innovator Equity Managed Floor ETF (SFLR) has a volatility of 2.46%. This indicates that QFLR experiences smaller price fluctuations and is considered to be less risky than SFLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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