NDEC vs QQQ
Innovator Growth-100 Power Buffer ETF - December 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 | NDEC | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.79% | 0.18% | |
| AUM | $62M | $496.3B | |
| Dividend Yield | 0.00% | 0.44% | |
| Holdings | 6 | 108 | |
| YTD Return | +9.65% | +17.30% | |
| 1Y Return | +14.46% | +24.93% | |
| 3Y Return (annualized) | - | +26.19% | |
| 5Y Return (annualized) | - | +15.34% | |
| Volatility (annualized) | 9.0% | 30.6% | |
| Max Drawdown | -13.0% | -83.0% | |
| Fund Family | Innovator ETFs Trust | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Nov 29, 2024 | Mar 10, 1999 |
NDEC vs QQQ Performance
Innovator Growth-100 Power Buffer ETF - December (NDEC) is a ETF from Innovator ETFs Trust and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year NDEC returned +14.46% while QQQ returned +24.93%. Year to date, NDEC is up 9.65% versus a gain of 17.30% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 9.0% for NDEC. 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 -13.0% for NDEC 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 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
NDEC 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, NDEC currently yields 0.00% against 0.44% for QQQ.
Frequently Asked Questions
Which is cheaper, NDEC or QQQ?
NDEC 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, NDEC or QQQ?
Over the past year NDEC returned +14.46% vs +24.93% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), NDEC annualized +13.60% vs +13.06% for QQQ. Past performance does not guarantee future results.
Which is riskier, NDEC or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 9.0% for NDEC. Worst drawdown: NDEC -13.0% vs QQQ -83.0%.
Should I hold both NDEC and QQQ?
NDEC and QQQ have a monthly-return correlation of 0.96, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
Which pays a higher dividend, NDEC or QQQ?
NDEC yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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