NJUL vs QTAP
Innovator Growth-100 Power Buffer ETF - July vs Innovator Growth Accelerated Plus ETF - April
Which is better, NJUL or QTAP?
QTAP has been ahead.
QTAP led over 1Y, 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | NJUL | QTAP |
|---|---|---|
| Expense Ratio | 0.79%Tie | 0.79%Tie |
| AUM | $274M | $20M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 18 | 14 |
| YTD Return | +7.57% | +18.66%Best |
| 1Y Return | +10.18% | +21.94%Best |
| 3Y Return (annualized) | +14.72% | +20.44%Best |
| 5Y Return (annualized) | +10.70% | +12.86%Best |
| Volatility (annualized) | 9.8%Best | 15.8% |
| Max Drawdown | -14.4%Best | -29.4% |
| $10,000 over 5 years | $16,624 | $18,311Best |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jun 30, 2020 | Mar 31, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 1, 2021 to Oct 14, 2026 (5.5 years).
NJUL vs QTAP growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.5 years both funds cover.
NJUL vs QTAP Performance
Innovator Growth-100 Power Buffer ETF - July (NJUL) is an ETF from Innovator ETFs Trust and Innovator Growth Accelerated Plus ETF - April (QTAP) is an ETF from Innovator ETFs Trust. Over the past year NJUL returned +10.18% while QTAP returned +21.94%. Year to date, NJUL is up 7.57% versus a gain of 18.66% for QTAP.
Over three years, NJUL compounded at +14.72% per year against +20.44% for QTAP; over five years the annualized figures are +10.70% and +12.86% respectively. Across the full 6-year window we track, QTAP has the edge at +13.77% annualized vs +10.18%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QTAP has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 9.8% for NJUL. 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 -14.4% for NJUL and -29.4% for QTAP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NJUL charges 0.79% per year while QTAP charges 0.79%. On a $10,000 position that is $79 vs $79 annually. On income, NJUL currently yields 0.00% against 0.00% for QTAP.
You are not choosing between two funds in isolation.
Whichever of NJUL and QTAP you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, NJUL or QTAP?
NJUL has an expense ratio of 0.79% while QTAP charges 0.79%. At the precision these are quoted to, they cost the same.
Which performed better, NJUL or QTAP?
Over the past year NJUL returned +10.18% vs +21.94% for QTAP, so QTAP leads on 1-year performance. Over the longest common window we track (6 years), NJUL annualized +10.18% vs +13.77% for QTAP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NJUL or QTAP?
QTAP has been the more volatile fund at 15.8% annualized versus 9.8% for NJUL. Worst drawdown: NJUL -14.4% vs QTAP -29.4%.
Should I hold both NJUL and QTAP?
NJUL and QTAP have a monthly-return correlation of 0.89, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, NJUL or QTAP?
NJUL yields 0.00% while QTAP yields 0.00%, so QTAP currently pays the higher dividend yield.
Is QTAP better than NJUL?
QTAP led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.