QHDG vs VOO
Innovator Hedged Nasdaq-100 ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | QHDG | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.79% | 0.03% | |
| AUM | $2M | $997.4B | |
| Dividend Yield | 0.00% | 1.08% | |
| Holdings | 106 | 509 | |
| YTD Return | +1.47% | +12.68% | |
| 1Y Return | +10.28% | +21.87% | |
| 3Y Return (annualized) | - | +22.06% | |
| 5Y Return (annualized) | - | +12.95% | |
| Volatility (annualized) | 8.8% | 14.1% | |
| Max Drawdown | -15.3% | -34.3% | |
| Fund Family | Innovator ETFs Trust | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Aug 19, 2024 | Sep 7, 2010 |
QHDG vs VOO Performance
Innovator Hedged Nasdaq-100 ETF (QHDG) is a ETF from Innovator ETFs Trust and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year QHDG returned +10.28% while VOO returned +21.87%. Year to date, QHDG is up 1.47% versus a gain of 12.68% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 8.8% for QHDG. 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 -15.3% for QHDG and -34.3% for VOO. 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QHDG charges 0.79% per year while VOO charges 0.03%. On a $10,000 position that is $79 vs $3 annually, a gap of $76 per year that compounds over a long holding period. On income, QHDG currently yields 0.00% against 1.08% for VOO.
Holdings Overlap
QHDG and VOO share 87 holdings out of 519 unique holdings combined, representing a 52.9% weight overlap.
High overlap means holding both may not provide much additional diversification.
Frequently Asked Questions
Which is cheaper, QHDG or VOO?
QHDG has an expense ratio of 0.79% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $76 per year of difference.
Which performed better, QHDG or VOO?
Over the past year QHDG returned +10.28% vs +21.87% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), QHDG annualized +10.58% vs +13.47% for VOO. Past performance does not guarantee future results.
Which is riskier, QHDG or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 8.8% for QHDG. Worst drawdown: QHDG -15.3% vs VOO -34.3%.
Should I hold both QHDG and VOO?
QHDG and VOO have a monthly-return correlation of 0.88, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QHDG and VOO?
QHDG and VOO share 87 common holdings with a 52.9% weight overlap. Combined, they hold 519 unique securities.
Which pays a higher dividend, QHDG or VOO?
QHDG yields 0.00% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
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