IGTR vs QQQ
Innovator Gradient Tactical Rotation Strategy ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. IGTR delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | IGTR | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.80% | 0.18% | |
| AUM | $20M | $455.8B | |
| Dividend Yield | 0.67% | 0.41% | |
| Holdings | 110 | 108 | |
| YTD Return | +17.33% | +17.46% | |
| 1Y Return | +36.58% | +26.02% | |
| 3Y Return (annualized) | +15.29% | +25.51% | |
| 5Y Return (annualized) | - | +15.12% | |
| Volatility (annualized) | 15.1% | 30.6% | |
| Max Drawdown | -20.1% | -83.0% | |
| Fund Family | Innovator ETFs Trust | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Nov 17, 2022 | Mar 10, 1999 |
IGTR vs QQQ Performance
Innovator Gradient Tactical Rotation Strategy ETF (IGTR) is a ETF from Innovator ETFs Trust and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year IGTR returned +36.58% while QQQ returned +26.02%. Year to date, IGTR is up 17.33% versus a gain of 17.46% for QQQ.
Over three years, IGTR compounded at +15.29% per year against +25.51% for QQQ. Across the full 4-year window we track, QQQ has the edge at +13.08% annualized vs +9.43%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 15.1% for IGTR. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -20.1% for IGTR and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.56. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IGTR charges 0.80% per year while QQQ charges 0.18%. On a $10,000 position that is $80 vs $18 annually, a gap of $62 per year that compounds over a long holding period. On income, IGTR currently yields 0.67% against 0.41% for QQQ.
Holdings Overlap
IGTR and QQQ share 31 holdings out of 173 unique holdings combined, representing a 25.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IGTR or QQQ?
IGTR has an expense ratio of 0.80% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $62 per year of difference.
Which performed better, IGTR or QQQ?
Over the past year IGTR returned +36.58% vs +26.02% for QQQ, so IGTR leads on 1-year performance. Over the longest common window we track (4 years), IGTR annualized +9.43% vs +13.08% for QQQ. Past performance does not guarantee future results.
Which is riskier, IGTR or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 15.1% for IGTR. Worst drawdown: IGTR -20.1% vs QQQ -83.0%.
Should I hold both IGTR and QQQ?
IGTR and QQQ have a monthly-return correlation of 0.56, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IGTR and QQQ?
IGTR and QQQ share 31 common holdings with a 25.7% weight overlap. Combined, they hold 173 unique securities.
Which pays a higher dividend, IGTR or QQQ?
IGTR yields 0.67% while QQQ yields 0.41%, so IGTR currently pays the higher dividend yield.
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