QTOC vs. SPY
Compare and contrast key facts about Innovator Growth Accelerated Plus ETF - October (QTOC) and SPDR S&P 500 ETF (SPY).
QTOC and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QTOC is an actively managed fund by Innovator. It was launched on Sep 30, 2021. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QTOC or SPY.
Correlation
The correlation between QTOC and SPY 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.
Performance
QTOC vs. SPY - Performance Comparison
Key characteristics
QTOC:
2.02
SPY:
1.88
QTOC:
2.80
SPY:
2.53
QTOC:
1.45
SPY:
1.35
QTOC:
5.56
SPY:
2.83
QTOC:
21.01
SPY:
11.74
QTOC:
0.79%
SPY:
2.02%
QTOC:
8.25%
SPY:
12.64%
QTOC:
-33.43%
SPY:
-55.19%
QTOC:
-0.17%
SPY:
-0.42%
Returns By Period
The year-to-date returns for both investments are quite close, with QTOC having a 4.14% return and SPY slightly higher at 4.15%.
QTOC
4.14%
1.69%
9.96%
16.76%
N/A
N/A
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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QTOC vs. SPY - Expense Ratio Comparison
QTOC has a 0.79% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
QTOC vs. SPY — Risk-Adjusted Performance Rank
QTOC
SPY
QTOC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Growth Accelerated Plus ETF - October (QTOC) and SPDR S&P 500 ETF (SPY). 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.
Dividends
QTOC vs. SPY - Dividend Comparison
QTOC has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.16%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QTOC Innovator Growth Accelerated Plus ETF - October | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
QTOC vs. SPY - Drawdown Comparison
The maximum QTOC drawdown since its inception was -33.43%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for QTOC and SPY. For additional features, visit the drawdowns tool.
Volatility
QTOC vs. SPY - Volatility Comparison
Innovator Growth Accelerated Plus ETF - October (QTOC) and SPDR S&P 500 ETF (SPY) have volatilities of 2.87% and 2.93%, 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.