NJUL vs QTOC

NJUL vs QTOC

Which is better, NJUL or QTOC?

Each has led over a different period.

NJUL led over 5Y and the full window, QTOC over 1Y and 3Y. The two have moved almost in lockstep, correlation 0.91.

Lower Fees: TiedHigher Returns: split

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

MetricNJULQTOC
Expense Ratio0.79%Tie0.79%Tie
AUM$274M$18M
Dividend Yield0.00%0.00%
Holdings1815
YTD Return+7.57%+14.65%Best
1Y Return+10.18%+18.47%Best
3Y Return (annualized)+14.72%+18.31%Best
5Y Return (annualized)+10.70%Best+9.42%
Volatility (annualized)10.1%Best16.4%
Max Drawdown-14.4%Best-33.4%
$10,000 over 5 years$16,624Best$15,685
Fund FamilyInnovator ETFs TrustInnovator ETFs Trust
CategoryAlternativeAlternative
StyleMulti AlternativeMulti Alternative
InceptionJun 30, 2020Oct 1, 2021

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Oct 1, 2021 to Oct 14, 2026 (5 years).

NJUL vs QTOC 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 years both funds cover.

Compare NJUL against instead:NJUL vs SPYNJUL vs QQQNJUL vs VOONJUL vs VTIQTOC against:QTOC vs VXUS

NJUL vs QTOC Performance

Innovator Growth-100 Power Buffer ETF - July (NJUL) is an ETF from Innovator ETFs Trust and Innovator Growth Accelerated Plus ETF - October (QTOC) is an ETF from Innovator ETFs Trust. Over the past year NJUL returned +10.18% while QTOC returned +18.47%. Year to date, NJUL is up 7.57% versus a gain of 14.65% for QTOC.

Over three years, NJUL compounded at +14.72% per year against +18.31% for QTOC; over five years the annualized figures are +10.70% and +9.42% respectively.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

QTOC has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 10.1% 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 -33.4% for QTOC. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

NJUL charges 0.79% per year while QTOC 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 QTOC.

You are not choosing between two funds in isolation.

Whichever of NJUL and QTOC you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

NJULQTOC

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Frequently Asked Questions

Which is cheaper, NJUL or QTOC?

NJUL has an expense ratio of 0.79% while QTOC charges 0.79%. At the precision these are quoted to, they cost the same.

Which performed better, NJUL or QTOC?

Over the past year NJUL returned +10.18% vs +18.47% for QTOC, so QTOC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, NJUL or QTOC?

QTOC has been the more volatile fund at 16.4% annualized versus 10.1% for NJUL. Worst drawdown: NJUL -14.4% vs QTOC -33.4%.

Should I hold both NJUL and QTOC?

NJUL and QTOC have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.

Which pays a higher dividend, NJUL or QTOC?

NJUL yields 0.00% while QTOC yields 0.00%, so QTOC currently pays the higher dividend yield.

Is QTOC better than NJUL?

NJUL led over 5Y and the full window, QTOC over 1Y and 3Y. The two have moved almost in lockstep, correlation 0.91. Which one suits a particular account depends on what it is for. This is information, not a recommendation.