XDQQ vs. QQQ
Compare and contrast key facts about Innovator Growth Accelerated ETF - Quarterly (XDQQ) and Invesco QQQ (QQQ).
XDQQ and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XDQQ is an actively managed fund by Innovator. It was launched on Apr 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: XDQQ or QQQ.
Performance
XDQQ vs. QQQ - Performance Comparison
Returns By Period
In the year-to-date period, XDQQ achieves a 26.70% return, which is significantly higher than QQQ's 24.04% return.
XDQQ
26.70%
4.39%
12.72%
28.74%
N/A
N/A
QQQ
24.04%
3.57%
10.78%
30.56%
20.99%
18.03%
Key characteristics
| XDQQ | QQQ | |
|---|---|---|
| Sharpe Ratio | 1.84 | 1.76 |
| Sortino Ratio | 2.45 | 2.35 |
| Omega Ratio | 1.38 | 1.32 |
| Calmar Ratio | 1.69 | 2.25 |
| Martin Ratio | 9.90 | 8.18 |
| Ulcer Index | 2.90% | 3.74% |
| Daily Std Dev | 15.59% | 17.36% |
| Max Drawdown | -35.63% | -82.98% |
| Current Drawdown | -0.21% | -1.62% |
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XDQQ vs. QQQ - Expense Ratio Comparison
XDQQ has a 0.79% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Correlation
The correlation between XDQQ and QQQ is 0.95, 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.
Risk-Adjusted Performance
XDQQ vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Growth Accelerated ETF - Quarterly (XDQQ) 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
XDQQ vs. QQQ - Dividend Comparison
XDQQ has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.60%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XDQQ Innovator Growth Accelerated ETF - Quarterly | 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 | 0.60% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.02% |
Drawdowns
XDQQ vs. QQQ - Drawdown Comparison
The maximum XDQQ drawdown since its inception was -35.63%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for XDQQ and QQQ. For additional features, visit the drawdowns tool.
Volatility
XDQQ vs. QQQ - Volatility Comparison
The current volatility for Innovator Growth Accelerated ETF - Quarterly (XDQQ) is 4.41%, while Invesco QQQ (QQQ) has a volatility of 5.36%. This indicates that XDQQ 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.