QFLR vs QQQ
Innovator Nasdaq-100 Managed Floor ETF 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 | QFLR | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.89% | 0.18% | |
| AUM | $530M | $496.3B | |
| Dividend Yield | 0.00% | 0.44% | |
| Holdings | 52 | 108 | |
| YTD Return | +1.52% | +15.47% | |
| 1Y Return | +9.92% | +24.44% | |
| 3Y Return (annualized) | - | +25.47% | |
| 5Y Return (annualized) | - | +14.22% | |
| Volatility (annualized) | 10.5% | 30.6% | |
| Max Drawdown | -14.0% | -83.0% | |
| Fund Family | Innovator ETFs Trust | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Jan 22, 2024 | Mar 10, 1999 |
QFLR vs QQQ Performance
Innovator Nasdaq-100 Managed Floor ETF (QFLR) is a ETF from Innovator ETFs Trust and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year QFLR returned +9.92% while QQQ returned +24.44%. Year to date, QFLR is up 1.52% versus a gain of 15.47% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 10.5% for QFLR. 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 -14.0% for QFLR 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QFLR charges 0.89% per year while QQQ charges 0.18%. On a $10,000 position that is $89 vs $18 annually, a gap of $71 per year that compounds over a long holding period. On income, QFLR currently yields 0.00% against 0.44% for QQQ.
Holdings Overlap
QFLR and QQQ share 39 holdings out of 102 unique holdings combined, representing a 67.1% weight overlap.
High overlap means holding both may not provide much additional diversification.
Frequently Asked Questions
Which is cheaper, QFLR or QQQ?
QFLR has an expense ratio of 0.89% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $71 per year of difference.
Which performed better, QFLR or QQQ?
Over the past year QFLR returned +9.92% vs +24.44% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), QFLR annualized +13.55% vs +12.99% for QQQ. Past performance does not guarantee future results.
Which is riskier, QFLR or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 10.5% for QFLR. Worst drawdown: QFLR -14.0% vs QQQ -83.0%.
Should I hold both QFLR and QQQ?
QFLR and QQQ have a monthly-return correlation of 0.91, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between QFLR and QQQ?
QFLR and QQQ share 39 common holdings with a 67.1% weight overlap. Combined, they hold 102 unique securities.
Which pays a higher dividend, QFLR or QQQ?
QFLR yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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