JUNM vs QQQ
FT Vest US Equity Max Buffer ETF - June vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | JUNM | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.85% | 0.18% | |
| AUM | $67M | $455.8B | |
| Dividend Yield | 0.00% | 0.41% | |
| Holdings | 5 | 108 | |
| YTD Return | +3.24% | +18.20% | |
| 1Y Return | +5.74% | +27.63% | |
| 3Y Return (annualized) | - | +25.54% | |
| 5Y Return (annualized) | - | +15.12% | |
| Volatility (annualized) | 3.3% | 30.6% | |
| Max Drawdown | -5.4% | -83.0% | |
| Fund Family | First Trust Portfolios (US) | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Jun 21, 2024 | Mar 10, 1999 |
JUNM vs QQQ Performance
FT Vest US Equity Max Buffer ETF - June (JUNM) is a ETF from First Trust Portfolios (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year JUNM returned +5.74% while QQQ returned +27.63%. Year to date, JUNM is up 3.24% versus a gain of 18.20% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 3.3% for JUNM. 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 -5.4% for JUNM 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 0.67. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
JUNM charges 0.85% per year while QQQ charges 0.18%. On a $10,000 position that is $85 vs $18 annually, a gap of $67 per year that compounds over a long holding period. On income, JUNM currently yields 0.00% against 0.41% for QQQ.
Holdings Overlap
JUNM and QQQ share 0 holdings out of 104 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, JUNM or QQQ?
JUNM has an expense ratio of 0.85% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $67 per year of difference.
Which performed better, JUNM or QQQ?
Over the past year JUNM returned +5.74% vs +27.63% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), JUNM annualized +7.19% vs +13.11% for QQQ. Past performance does not guarantee future results.
Which is riskier, JUNM or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 3.3% for JUNM. Worst drawdown: JUNM -5.4% vs QQQ -83.0%.
Should I hold both JUNM and QQQ?
JUNM and QQQ have a monthly-return correlation of 0.67, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JUNM and QQQ?
JUNM and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 104 unique securities.
Which pays a higher dividend, JUNM or QQQ?
JUNM yields 0.00% while QQQ yields 0.41%, so QQQ currently pays the higher dividend yield.
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