QQQ vs TOCT

QQQ vs TOCT
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Quick Verdict

QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.

Lower Fees: QQQHigher Returns: QQQMore Diversified: QQQ

Side-by-Side Comparison

MetricQQQTOCTWinner
Expense Ratio0.18%0.79%
AUM$496.3B$15M
Dividend Yield0.44%0.00%
Holdings1085
YTD Return+16.23%+3.01%
1Y Return+26.23%+3.36%
3Y Return (annualized)+25.75%-
5Y Return (annualized)+14.78%-
Volatility (annualized)30.6%-
Max Drawdown-83.0%-2.0%
Fund FamilyInvesco (US)Innovator ETFs Trust
CategoryEquityAlternative
InceptionMar 10, 1999Oct 1, 2025

QQQ vs TOCT Performance

Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Innovator Equity Defined Protection ETF - 2 Yr to October 2027 (TOCT) is a ETF from Innovator ETFs Trust. Over the past year QQQ returned +26.23% while TOCT returned +3.36%. Year to date, QQQ is up 16.23% versus a gain of 3.01% for TOCT.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -83.0% for QQQ and -2.0% for TOCT. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

QQQ charges 0.18% per year while TOCT charges 0.79%. On a $10,000 position that is $18 vs $79 annually, a gap of $61 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.00% for TOCT.

Frequently Asked Questions

Which is cheaper, QQQ or TOCT?

QQQ has an expense ratio of 0.18% while TOCT charges 0.79%. QQQ is the cheaper option. On a $10,000 investment, that is $61 per year of difference.

Which performed better, QQQ or TOCT?

Over the past year QQQ returned +26.23% vs +3.36% for TOCT, so QQQ leads on 1-year performance. Past performance does not guarantee future results.

Which pays a higher dividend, QQQ or TOCT?

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

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