IGTR vs QQQ
Innovator Gradient Tactical Rotation Strategy ETF vs Invesco QQQ Trust, Series 1
Which is better, IGTR or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. IGTR led over 1Y, QQQ over the full window. IGTR is less concentrated, with 17.4% of the fund in its ten largest positions against 46.5%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IGTR | QQQ |
|---|---|---|
| Expense Ratio | 0.80% | 0.18%Best |
| AUM | $20M | $483.5B |
| Dividend Yield | 0.67% | 0.44% |
| Holdings | 110 | 107 |
| Volatility (annualized) | 15.1%Best | 18.1% |
| Max Drawdown | -20.1%Best | -22.8% |
| $10,000 over 3.6 years | $13,832 | $25,758Best |
| Top 10 Weight | 17.4%Best | 46.5% |
| Fund Family | Innovator ETFs Trust | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Nov 17, 2022 | Mar 10, 1999 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 70 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. IGTR has data through Jul 10, 2026 and QQQ through Sep 18, 2026.
Volatility and max drawdown, and the $10,000 over 3.6 years row, are measured over the window both funds cover: Nov 17, 2022 to Jul 10, 2026 (3.6 years).
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.1% 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 -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.56. They move together some of the time, and apart the rest.
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 0.44% for QQQ.
Holdings Overlap
36.9% of IGTR's money is in holdings QQQ also owns. 54.4% of QQQ's money is in holdings IGTR also owns.
The two portfolios partly overlap.
The two holdings books were reported 97 days apart, IGTR as of Apr 30, 2026 and QQQ as of Aug 5, 2026, so some of the difference between them is the time between the two reports rather than the funds.
31 positions in common, counted across the 101 positions we hold weights for in IGTR and 102 in QQQ, against full books of 110 and 107.
What only one of them owns
Our book lists 65 positions for QQQ that do not appear in our book for IGTR (43.1% of the fund), and 66 for IGTR that do not appear in QQQ (60.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IGTR | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 1.04% | 8.44% | 7.40% |
| AAPLApple, Inc | 0.75% | 7.27% | 6.52% |
| MUMicron Technology, Inc. | 1.97% | 4.43% | 2.46% |
| AMZNAmazon.Com Inc | 1.03% | 4.67% | 3.64% |
| AMDAdvanced Micro Devices Inc | 1.91% | 3.45% | 1.54% |
| AVGOBroadcom Inc | 1.26% | 3.16% | 1.90% |
| INTCIntel Corporation | 1.92% | 2.23% | 0.31% |
| TSLATesla Inc | 1.15% | 2.56% | 1.41% |
| METAMeta Platforms Inc | 0.73% | 2.78% | 2.05% |
| LRCXLrcx Uw Equity | 1.31% | 1.69% | 0.38% |
54.4% of QQQ is already inside IGTR.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
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, by $62 a year on a $10,000 investment.
Which is riskier, IGTR or QQQ?
QQQ has been the more volatile fund at 18.1% annualized versus 15.1% for IGTR. Worst drawdown: IGTR -20.1% vs QQQ -22.8%.
Should I hold both IGTR and QQQ?
IGTR and QQQ have a monthly-return correlation of 0.56, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IGTR and QQQ?
54.4% of QQQ's money is in holdings IGTR also owns. 54.4% of QQQ's is in holdings IGTR also owns. They hold 31 positions in common, counted across the 101 positions we hold weights for in IGTR and 102 in QQQ.
Which pays a higher dividend, IGTR or QQQ?
IGTR yields 0.67% while QQQ yields 0.44%, so IGTR currently pays the higher dividend yield.
Is QQQ better than IGTR?
QQQ has a lower expense ratio. IGTR led over 1Y, QQQ over the full window. IGTR is less concentrated, with 17.4% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.