QQQ vs SFLR
Invesco QQQ Trust, Series 1 vs Innovator Equity Managed Floor ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. SFLR offers more diversification with 197 holdings.
Side-by-Side Comparison
| Metric | QQQ | SFLR | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.89% | |
| AUM | $496.3B | $2.2B | |
| Dividend Yield | 0.44% | 0.28% | |
| Holdings | 108 | 197 | |
| YTD Return | +16.64% | +5.33% | |
| 1Y Return | +27.27% | +12.49% | |
| 3Y Return (annualized) | +25.96% | +15.01% | |
| 5Y Return (annualized) | +14.54% | - | |
| Volatility (annualized) | 30.6% | 9.4% | |
| Max Drawdown | -83.0% | -12.1% | |
| Fund Family | Invesco (US) | Innovator ETFs Trust | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Nov 8, 2022 |
QQQ vs SFLR Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Innovator Equity Managed Floor ETF (SFLR) is a ETF from Innovator ETFs Trust. Over the past year QQQ returned +27.27% while SFLR returned +12.49%. Year to date, QQQ is up 16.64% versus a gain of 5.33% for SFLR.
Over three years, QQQ compounded at +25.96% per year against +15.01% for SFLR. Across the full 4-year window we track, SFLR has the edge at +16.17% annualized vs +13.03%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 9.4% for SFLR. 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 -83.0% for QQQ and -12.1% for SFLR. 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
QQQ charges 0.18% per year while SFLR charges 0.89%. On a $10,000 position that is $18 vs $89 annually, a gap of $71 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.28% for SFLR.
Holdings Overlap
QQQ and SFLR share 37 holdings out of 251 unique holdings combined, representing a 51.8% weight overlap.
High overlap means holding both may not provide much additional diversification.
Frequently Asked Questions
Which is cheaper, QQQ or SFLR?
QQQ has an expense ratio of 0.18% while SFLR charges 0.89%. QQQ is the cheaper option. On a $10,000 investment, that is $71 per year of difference.
Which performed better, QQQ or SFLR?
Over the past year QQQ returned +27.27% vs +12.49% for SFLR, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), QQQ annualized +13.03% vs +16.17% for SFLR. Past performance does not guarantee future results.
Which is riskier, QQQ or SFLR?
QQQ has been the more volatile fund at 30.6% annualized versus 9.4% for SFLR. Worst drawdown: QQQ -83.0% vs SFLR -12.1%.
Should I hold both QQQ and SFLR?
QQQ and SFLR 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 QQQ and SFLR?
QQQ and SFLR share 37 common holdings with a 51.8% weight overlap. Combined, they hold 251 unique securities.
Which pays a higher dividend, QQQ or SFLR?
QQQ yields 0.44% while SFLR yields 0.28%, so QQQ currently pays the higher dividend yield.
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