NBFR vs QQQ
Innovator Nasdaq-100 Managed 10 Buffer ETF vs Invesco QQQ Trust, Series 1
Which is better, NBFR or QQQ?
Option Writing against Large Cap Growth.
QQQ has a lower expense ratio. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 53.7%.
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 | NBFR | QQQ |
|---|---|---|
| Expense Ratio | 0.79% | 0.18%Best |
| AUM | $20M | $498.6B |
| Dividend Yield | 0.02% | 0.42% |
| Holdings | 106 | 321 |
| YTD Return | +7.65% | +22.67%Best |
| 1Y Return | - | +24.33% |
| 3Y Return (annualized) | - | +29.05% |
| 5Y Return (annualized) | - | +17.00% |
| Top 10 Weight | 53.7% | 47.2%Best |
| Fund Family | Innovator ETFs Trust | Invesco (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Growth |
| Inception | Feb 24, 2026 | Mar 10, 1999 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
NBFR vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
NBFR vs QQQ Performance
Innovator Nasdaq-100 Managed 10 Buffer ETF (NBFR) is an ETF from Innovator ETFs Trust and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Year to date, NBFR is up 7.65% versus a gain of 22.67% for QQQ.
Past performance does not guarantee future results.
Fees and Cost Over Time
NBFR 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, NBFR currently yields 0.02% against 0.42% for QQQ.
Holdings Overlap
94.8% of NBFR's money is in holdings QQQ also owns. 68.2% of QQQ's money is in holdings NBFR also owns.
Most of NBFR is already inside QQQ. Owning both mostly buys the same companies twice.
37 positions in common, counted across the 40 positions we hold weights for in NBFR and 102 in QQQ, against full books of 106 and 321.
What only one of them owns
Our book lists 59 positions for QQQ that do not appear in our book for NBFR (29.6% of the fund), and 2 for NBFR that do not appear in QQQ (1.5%).
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 NBFR | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.90% | 8.45% | 0.45% |
| AAPLApple, Inc | 8.63% | 7.80% | 0.83% |
| MSFTMicrosoft Corp | 7.59% | 5.88% | 1.71% |
| MUMicron Technology, Inc. | 5.49% | 4.85% | 0.64% |
| AMZNAmazon.Com Inc | 4.94% | 4.41% | 0.53% |
| AMDAdvanced Micro Devices Inc | 4.56% | 3.71% | 0.85% |
| GOOGLAlphabet Inc,class A | 3.33% | 3.15% | 0.18% |
| WMTWalmart, Inc. | 3.85% | 2.31% | 1.54% |
| GOOGAlphabet Inc. C | 3.16% | 2.93% | 0.23% |
| TSLATesla Inc | 3.13% | 2.92% | 0.21% |
94.8% of NBFR is already inside QQQ.
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, NBFR or QQQ?
NBFR has an expense ratio of 0.79% while QQQ charges 0.18%. QQQ is the cheaper option, by $61 a year on a $10,000 investment.
What is the holdings overlap between NBFR and QQQ?
94.8% of NBFR's money is in holdings QQQ also owns. 68.2% of QQQ's is in holdings NBFR also owns. They hold 37 positions in common, counted across the 40 positions we hold weights for in NBFR and 102 in QQQ.
Which pays a higher dividend, NBFR or QQQ?
NBFR yields 0.02% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than NBFR?
QQQ has a lower expense ratio. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 53.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.