POCT vs QQQ
Innovator US Equity Power Buffer ETF - October vs Invesco QQQ Trust, Series 1
Which is better, POCT or QQQ?
Option Writing against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. POCT is less concentrated, with 38.4% of the fund in its ten largest positions against 46.9%.
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 | POCT | QQQ |
|---|---|---|
| Expense Ratio | 0.79% | 0.18%Best |
| AUM | $1.1B | $437.3B |
| Dividend Yield | 0.00% | 0.43% |
| Holdings | 1,015 | 208 |
| YTD Return | +9.29% | +12.98%Best |
| 1Y Return | +10.32% | +11.59%Best |
| 3Y Return (annualized) | +11.44% | +23.05%Best |
| 5Y Return (annualized) | +9.72% | +12.74%Best |
| Volatility (annualized) | 7.5%Best | 20.4% |
| Max Drawdown | -18.8%Best | -35.1% |
| $10,000 over 5 years | $15,901 | $18,213Best |
| Top 10 Weight | 38.4%Best | 46.9% |
| Fund Family | Innovator ETFs Trust | Invesco (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Growth |
| Inception | Sep 28, 2018 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Oct 1, 2018 to Nov 11, 2026 (8.1 years).
POCT 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 8.1 years both funds cover.
POCT vs QQQ Performance
Innovator US Equity Power Buffer ETF - October (POCT) is an ETF from Innovator ETFs Trust and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year POCT returned +10.32% while QQQ returned +11.59%. Year to date, POCT is up 9.29% versus a gain of 12.98% for QQQ.
Over three years, POCT compounded at +11.44% per year against +23.05% for QQQ; over five years the annualized figures are +9.72% and +12.74% respectively. Across the full 8-year window we track, QQQ has the edge at +18.02% annualized vs +8.87%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.4% compared with 7.5% for POCT. 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 -18.8% for POCT and -35.1% 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
POCT 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, POCT currently yields 0.00% against 0.43% for QQQ.
Holdings Overlap
54.4% of POCT's money is in holdings QQQ also owns. 92.6% of QQQ's money is in holdings POCT also owns.
Most of QQQ is already inside POCT. Owning both mostly buys the same companies twice.
85 positions in common, counted across the 494 positions we hold weights for in POCT and 101 in QQQ, against full books of 1,015 and 208.
What only one of them owns
Our book lists 9 positions for QQQ that do not appear in our book for POCT (4.6% of the fund), and 409 for POCT that do not appear in QQQ (44.3%).
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 POCT | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.96% | 8.05% | 0.09% |
| AAPLApple Inc | 7.44% | 7.68% | 0.24% |
| MSFTMicrosoft Corp | 5.89% | 6.16% | 0.27% |
| AMZNAmazon.Com Inc | 3.71% | 4.23% | 0.52% |
| GOOGLAlphabet Inc | 3.03% | 3.15% | 0.12% |
| MUMicron Technology, Inc. | 1.53% | 4.47% | 2.94% |
| METAMeta Platforms Inc | 2.42% | 3.37% | 0.95% |
| GOOGAlphabet Inc. C | 2.43% | 2.93% | 0.50% |
| AMDAdvanced Micro Devices Inc | 1.38% | 3.90% | 2.52% |
| AVGOBroadcom Inc | 2.45% | 2.52% | 0.07% |
92.6% of QQQ is already inside POCT.
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, POCT or QQQ?
POCT 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, POCT or QQQ?
Over the past year POCT returned +10.32% vs +11.59% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (8 years), POCT annualized +8.87% vs +18.02% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, POCT or QQQ?
QQQ has been the more volatile fund at 20.4% annualized versus 7.5% for POCT. Worst drawdown: POCT -18.8% vs QQQ -35.1%.
Should I hold both POCT and QQQ?
POCT and QQQ have a monthly-return correlation of 0.84, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between POCT and QQQ?
92.6% of QQQ's money is in holdings POCT also owns. 92.6% of QQQ's is in holdings POCT also owns. They hold 85 positions in common, counted across the 494 positions we hold weights for in POCT and 101 in QQQ.
Which pays a higher dividend, POCT or QQQ?
POCT yields 0.00% while QQQ yields 0.43%, so QQQ currently pays the higher dividend yield.
Is QQQ better than POCT?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. POCT is less concentrated, with 38.4% of the fund in its ten largest positions against 46.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.