XBJL vs. QQQ
Compare and contrast key facts about Innovator U.S. Equity Accelerated 9 Buffer ETF - July (XBJL) and Invesco QQQ (QQQ).
XBJL and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XBJL is an actively managed fund by Innovator. It was launched on Jul 1, 2021. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XBJL or QQQ.
Correlation
The correlation between XBJL and QQQ is 0.88, 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
XBJL vs. QQQ - Performance Comparison
Key characteristics
XBJL:
2.06
QQQ:
1.40
XBJL:
2.84
QQQ:
1.90
XBJL:
1.49
QQQ:
1.25
XBJL:
2.36
QQQ:
1.88
XBJL:
14.88
QQQ:
6.51
XBJL:
0.79%
QQQ:
3.92%
XBJL:
5.73%
QQQ:
18.23%
XBJL:
-11.78%
QQQ:
-82.98%
XBJL:
-0.06%
QQQ:
-0.42%
Returns By Period
In the year-to-date period, XBJL achieves a 2.25% return, which is significantly lower than QQQ's 5.09% return.
XBJL
2.25%
0.82%
6.21%
11.88%
N/A
N/A
QQQ
5.09%
2.37%
13.48%
26.98%
19.29%
18.32%
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XBJL vs. QQQ - Expense Ratio Comparison
XBJL has a 0.79% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
XBJL vs. QQQ — Risk-Adjusted Performance Rank
XBJL
QQQ
XBJL vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Accelerated 9 Buffer ETF - July (XBJL) and Invesco QQQ (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.
Dividends
XBJL vs. QQQ - Dividend Comparison
XBJL has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.53%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XBJL Innovator U.S. Equity Accelerated 9 Buffer ETF - July | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
XBJL vs. QQQ - Drawdown Comparison
The maximum XBJL drawdown since its inception was -11.78%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for XBJL and QQQ. For additional features, visit the drawdowns tool.
Volatility
XBJL vs. QQQ - Volatility Comparison
The current volatility for Innovator U.S. Equity Accelerated 9 Buffer ETF - July (XBJL) is 0.82%, while Invesco QQQ (QQQ) has a volatility of 4.70%. This indicates that XBJL 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.