QTJA vs. VOO
QTJA (Innovator Growth Accelerated Plus ETF - January) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - QTJA is a Options Trading fund actively managed by Innovator, while VOO is a S&P 500 fund tracking the S&P 500 Index. QTJA is actively managed, while VOO is passively managed. Over the past 3 years, QTJA returned 16.79%/yr vs 19.42%/yr for VOO. Their correlation of 0.88 means they have usually moved in the same direction. QTJA charges 0.79%/yr vs 0.03%/yr for VOO.
Performance
QTJA vs. VOO - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with QTJA having a 9.74% return and VOO slightly higher at 10.16%.
QTJA
- 1D
- 0.62%
- 1M
- 0.27%
- 6M
- 9.01%
- YTD
- 9.74%
- 1Y
- 18.97%
- 3Y*
- 16.79%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 5.40%
VOO
- 1D
- 0.71%
- 1M
- 0.26%
- 6M
- 8.58%
- YTD
- 10.16%
- 1Y
- 21.58%
- 3Y*
- 19.42%
- 5Y*
- 12.83%
- 10Y*
- 15.14%
- ALL TIME*
- 14.78%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $107.52K | $68.40K | $106.54K | |
| $3.82B | $3.78B | $5.44B |
QTJA vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
QTJA Innovator Growth Accelerated Plus ETF - January | 9.74% | 18.86% | 18.47% | 25.56% | -34.45% |
VOO Vanguard S&P 500 ETF | 10.16% | 17.82% | 24.98% | 26.32% | -18.17% |
Correlation
The correlation between QTJA and VOO is 0.89, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.89 |
Correlation (3Y) Balances recent behavior with more history. | 0.84 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2022 | 0.88 |
The correlation between QTJA and VOO has been stable across timeframes, ranging from 0.84 to 0.89 - a consistent structural relationship.
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Return for Risk
QTJA vs. VOO — Risk / Return Rank
QTJA
VOO
QTJA vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Growth Accelerated Plus ETF - January (QTJA) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| QTJA | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.28 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 2.21 | -0.40 |
| Martin ratioReturn relative to average drawdown | 9.14 | 9.44 | -0.30 |
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Drawdowns
QTJA vs. VOO - Drawdown Comparison
The maximum QTJA drawdown since its inception was -36.07%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for QTJA and VOO.
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Drawdown Indicators
| QTJA | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.07% | -33.99% | -2.08% |
Max Drawdown (1Y)Largest decline over 1 year | -9.75% | -8.90% | -0.85% |
Max Drawdown (3Y)Largest decline over 3 years | -21.73% | -18.69% | -3.04% |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.52% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.99% | — |
Current DrawdownCurrent decline from peak | -0.97% | -1.38% | +0.41% |
Average DrawdownAverage peak-to-trough decline | -12.86% | -3.67% | -9.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.93% | 2.08% | -0.15% |
Volatility
QTJA vs. VOO - Volatility Comparison
Innovator Growth Accelerated Plus ETF - January (QTJA) and Vanguard S&P 500 ETF (VOO) have volatilities of 3.45% and 3.54%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QTJA | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.45% | 3.54% | -0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 10.41% | 10.10% | +0.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.52% | 12.82% | -1.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.22% | 16.93% | +3.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.22% | 18.01% | +2.21% |
QTJA vs. VOO - Expense Ratio Comparison
QTJA has a 0.79% expense ratio, which is higher than VOO's 0.03% expense ratio.
Dividends
QTJA vs. VOO - Dividend Comparison
QTJA has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.07%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QTJA Innovator Growth Accelerated Plus 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% |
VOO Vanguard S&P 500 ETF | 1.07% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Frequently Asked Questions
QTJA and VOO have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VOO has higher volatility (3.54%) compared to QTJA (3.45%). In terms of maximum drawdown, QTJA dropped -36.07% vs VOO's -33.99%.
On 3-year performance, VOO leads with 19.42% vs 16.79% for QTJA. On fees, VOO is cheaper at 0.03% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, VOO has performed better with a 19.42% return vs 16.79%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VOO is cheaper with a 0.03% expense ratio, compared with 0.79% for QTJA.
VOO has the higher dividend yield at 1.07%, compared with 0.00% for QTJA.
QTJA is categorized as Options Trading, while VOO is S&P 500. They also come from different issuers: Innovator and Vanguard. Their fees differ too: 0.79% for QTJA and 0.03% for VOO.
VOO currently has the higher Sharpe Ratio (1.53 vs 1.53), 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.
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