NJUN vs QQQ

NJUN vs QQQ

Which is better, NJUN or QQQ?

Multi Alternative against Large Cap Growth.

QQQ has a lower expense ratio. QQQ led over 1Y and the full window.

Lower Fees: QQQHigher Returns: QQQ

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

MetricNJUNQQQ
Expense Ratio0.79%0.18%Best
AUM$175M$483.5B
Dividend Yield0.00%0.44%
Holdings12107
YTD Return+4.03%+17.21%Best
1Y Return+6.85%+22.10%Best
3Y Return (annualized)-+25.27%
5Y Return (annualized)-+14.60%
Volatility (annualized)7.8%Best17.6%
Max Drawdown-12.6%Best-22.8%
$10,000 over 2.3 years$13,053$16,050Best
Fund FamilyInnovator ETFs TrustInvesco (US)
CategoryAlternativeEquity
StyleMulti AlternativeLarge Cap Growth
InceptionMay 31, 2024Mar 10, 1999

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Jun 3, 2024 to Sep 17, 2026 (2.3 years).

NJUN 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 covers the 2.3 years both funds cover.

NJUN vs QQQ Performance

Innovator Growth-100 Power Buffer ETF - June (NJUN) is an ETF from Innovator ETFs Trust and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year NJUN returned +6.85% while QQQ returned +22.10%. Year to date, NJUN is up 4.03% versus a gain of 17.21% for QQQ.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

QQQ has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 7.8% for NJUN. 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 -12.6% for NJUN 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 0.83. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

NJUN 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, NJUN currently yields 0.00% against 0.44% for QQQ.

You are not choosing between two funds in isolation.

Whichever of NJUN and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

NJUNQQQ

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Frequently Asked Questions

Which is cheaper, NJUN or QQQ?

NJUN 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.

Which performed better, NJUN or QQQ?

Over the past year NJUN returned +6.85% vs +22.10% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), NJUN annualized +12.28% vs +22.84% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, NJUN or QQQ?

QQQ has been the more volatile fund at 17.6% annualized versus 7.8% for NJUN. Worst drawdown: NJUN -12.6% vs QQQ -22.8%.

Should I hold both NJUN and QQQ?

NJUN and QQQ have a monthly-return correlation of 0.83, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

Which pays a higher dividend, NJUN or QQQ?

NJUN yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.

Is QQQ better than NJUN?

QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.