QTJL vs VOO

QTJL vs VOO
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Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricQTJLVOOWinner
Expense Ratio0.79%0.03%
AUM$27M$997.4B
Dividend Yield0.00%1.08%
Holdings5509
YTD Return+6.43%+12.68%
1Y Return+14.06%+21.87%
3Y Return (annualized)+18.77%+22.06%
5Y Return (annualized)+9.35%+12.95%
Volatility (annualized)16.8%14.1%
Max Drawdown-33.4%-34.3%
Fund FamilyInnovator ETFs TrustVanguard (US)
CategoryAlternativeEquity
InceptionJun 30, 2021Sep 7, 2010

QTJL vs VOO Performance

Innovator Growth Accelerated Plus ETF - July (QTJL) is a ETF from Innovator ETFs Trust and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year QTJL returned +14.06% while VOO returned +21.87%. Year to date, QTJL is up 6.43% versus a gain of 12.68% for VOO.

Over three years, QTJL compounded at +18.77% per year against +22.06% for VOO; over five years the annualized figures are +9.35% and +12.95% respectively. Across the full 5-year window we track, VOO has the edge at +13.47% annualized vs +9.97%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

QTJL has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 14.1% for VOO. 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 -33.4% for QTJL 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 0.87. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

QTJL 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, QTJL currently yields 0.00% against 1.08% for VOO.

Frequently Asked Questions

Which is cheaper, QTJL or VOO?

QTJL 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, QTJL or VOO?

Over the past year QTJL returned +14.06% vs +21.87% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (5 years), QTJL annualized +9.97% vs +13.47% for VOO. Past performance does not guarantee future results.

Which is riskier, QTJL or VOO?

QTJL has been the more volatile fund at 16.8% annualized versus 14.1% for VOO. Worst drawdown: QTJL -33.4% vs VOO -34.3%.

Should I hold both QTJL and VOO?

QTJL and VOO have a monthly-return correlation of 0.87, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, QTJL or VOO?

QTJL yields 0.00% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.

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