XUSP vs. QQQ
Compare and contrast key facts about Innovator Uncapped Accelerated U.S. Equity ETF (XUSP) and Invesco QQQ (QQQ).
XUSP and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XUSP is an actively managed fund by Innovator. It was launched on Aug 10, 2022. 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: XUSP or QQQ.
Correlation
The correlation between XUSP and QQQ is 0.94, 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
XUSP vs. QQQ - Performance Comparison
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Key characteristics
XUSP:
0.54
QQQ:
0.62
XUSP:
0.96
QQQ:
1.05
XUSP:
1.13
QQQ:
1.15
XUSP:
0.60
QQQ:
0.71
XUSP:
2.05
QQQ:
2.31
XUSP:
6.67%
QQQ:
6.97%
XUSP:
23.56%
QQQ:
25.51%
XUSP:
-22.59%
QQQ:
-82.98%
XUSP:
-8.58%
QQQ:
-5.73%
Returns By Period
In the year-to-date period, XUSP achieves a -2.96% return, which is significantly lower than QQQ's -0.51% return.
XUSP
-2.96%
9.09%
-6.57%
12.57%
N/A
N/A
QQQ
-0.51%
11.76%
-0.86%
15.58%
19.11%
17.55%
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XUSP vs. QQQ - Expense Ratio Comparison
XUSP has a 0.79% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
XUSP vs. QQQ — Risk-Adjusted Performance Rank
XUSP
QQQ
XUSP vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Uncapped Accelerated U.S. Equity ETF (XUSP) 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.
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Dividends
XUSP vs. QQQ - Dividend Comparison
XUSP has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.59%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
XUSP Innovator Uncapped Accelerated U.S. Equity ETF | 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 | 0.59% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
XUSP vs. QQQ - Drawdown Comparison
The maximum XUSP drawdown since its inception was -22.59%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for XUSP and QQQ. For additional features, visit the drawdowns tool.
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Volatility
XUSP vs. QQQ - Volatility Comparison
The current volatility for Innovator Uncapped Accelerated U.S. Equity ETF (XUSP) is 6.54%, while Invesco QQQ (QQQ) has a volatility of 7.59%. This indicates that XUSP 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.
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