LJAN vs QQQ
Innovator Premium Income 15 Buffer ETF - January 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 108 holdings.
Side-by-Side Comparison
| Metric | LJAN | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.79% | 0.18% | |
| AUM | $12M | $496.3B | |
| Dividend Yield | 4.94% | 0.44% | |
| Holdings | 9 | 108 | |
| YTD Return | +0.92% | +16.64% | |
| 1Y Return | +0.43% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 1.8% | 30.6% | |
| Max Drawdown | -5.9% | -83.0% | |
| Fund Family | Innovator ETFs Trust | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Jan 2, 2024 | Mar 10, 1999 |
LJAN vs QQQ Performance
Innovator Premium Income 15 Buffer ETF - January (LJAN) is a ETF from Innovator ETFs Trust and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year LJAN returned +0.43% while QQQ returned +27.27%. Year to date, LJAN is up 0.92% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 1.8% for LJAN. 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 -5.9% for LJAN 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
LJAN charges 0.79% per year while QQQ charges 0.18%. On a $10,000 position that is $79 vs $18 annually, a gap of $61 per year that compounds over a long holding period. On income, LJAN currently yields 4.94% against 0.44% for QQQ.
Holdings Overlap
LJAN and QQQ share 0 holdings out of 103 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, LJAN or QQQ?
LJAN has an expense ratio of 0.79% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $61 per year of difference.
Which performed better, LJAN or QQQ?
Over the past year LJAN returned +0.43% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), LJAN annualized +0.43% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, LJAN or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 1.8% for LJAN. Worst drawdown: LJAN -5.9% vs QQQ -83.0%.
Should I hold both LJAN and QQQ?
LJAN and QQQ have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between LJAN and QQQ?
LJAN and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, LJAN or QQQ?
LJAN yields 4.94% while QQQ yields 0.44%, so LJAN currently pays the higher dividend yield.
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