QQQ vs ZDEK
Invesco QQQ Trust, Series 1 vs Innovator Equity Defined Protection ETF - 1 Yr December
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 | QQQ | ZDEK | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.79% | |
| AUM | $496.3B | $108M | |
| Dividend Yield | 0.44% | 0.00% | |
| Holdings | 108 | 5 | |
| YTD Return | +16.64% | +3.87% | |
| 1Y Return | +27.27% | +7.61% | |
| 3Y Return (annualized) | +25.96% | - | |
| 5Y Return (annualized) | +14.54% | - | |
| Volatility (annualized) | 30.6% | 2.9% | |
| Max Drawdown | -83.0% | -3.4% | |
| Fund Family | Invesco (US) | Innovator ETFs Trust | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Nov 29, 2024 |
QQQ vs ZDEK Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Innovator Equity Defined Protection ETF - 1 Yr December (ZDEK) is a ETF from Innovator ETFs Trust. Over the past year QQQ returned +27.27% while ZDEK returned +7.61%. Year to date, QQQ is up 16.64% versus a gain of 3.87% for ZDEK.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 2.9% for ZDEK. 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 -3.4% for ZDEK. 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while ZDEK 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 ZDEK.
Frequently Asked Questions
Which is cheaper, QQQ or ZDEK?
QQQ has an expense ratio of 0.18% while ZDEK 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 ZDEK?
Over the past year QQQ returned +27.27% vs +7.61% for ZDEK, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +13.03% vs +6.53% for ZDEK. Past performance does not guarantee future results.
Which is riskier, QQQ or ZDEK?
QQQ has been the more volatile fund at 30.6% annualized versus 2.9% for ZDEK. Worst drawdown: QQQ -83.0% vs ZDEK -3.4%.
Should I hold both QQQ and ZDEK?
QQQ and ZDEK have a monthly-return correlation of 0.82, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, QQQ or ZDEK?
QQQ yields 0.44% while ZDEK yields 0.00%, so QQQ currently pays the higher dividend yield.
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