Correlation
The correlation between QFLR and VOO 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. VOO
Compare and contrast key facts about Innovator Nasdaq-100 Managed Floor ETF (QFLR) and Vanguard S&P 500 ETF (VOO).
QFLR and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QFLR or VOO.
Performance
QFLR vs. VOO - Performance Comparison
Loading data...
Key characteristics
QFLR:
0.56
VOO:
0.74
QFLR:
0.70
VOO:
1.04
QFLR:
1.10
VOO:
1.15
QFLR:
0.48
VOO:
0.68
QFLR:
1.24
VOO:
2.58
QFLR:
5.44%
VOO:
4.93%
QFLR:
14.23%
VOO:
19.54%
QFLR:
-13.97%
VOO:
-33.99%
QFLR:
-5.60%
VOO:
-3.55%
Returns By Period
In the year-to-date period, QFLR achieves a -2.40% return, which is significantly lower than VOO's 0.90% return.
QFLR
-2.40%
3.56%
-1.29%
7.90%
N/A
N/A
N/A
VOO
0.90%
6.28%
-1.46%
14.27%
14.31%
15.89%
12.81%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
QFLR vs. VOO - Expense Ratio Comparison
QFLR has a 0.89% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
QFLR vs. VOO — Risk-Adjusted Performance Rank
QFLR
VOO
QFLR vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Nasdaq-100 Managed Floor ETF (QFLR) and Vanguard S&P 500 ETF (VOO). 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.
Loading data...
Dividends
QFLR vs. VOO - Dividend Comparison
QFLR's dividend yield for the trailing twelve months is around 0.04%, less than VOO's 1.29% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
QFLR Innovator Nasdaq-100 Managed Floor ETF | 0.04% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
QFLR vs. VOO - Drawdown Comparison
The maximum QFLR drawdown since its inception was -13.97%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for QFLR and VOO.
Loading data...
Volatility
QFLR vs. VOO - Volatility Comparison
The current volatility for Innovator Nasdaq-100 Managed Floor ETF (QFLR) is 2.32%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.84%. This indicates that QFLR experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...