QQQ vs QTOC
Invesco QQQ Trust, Series 1 vs Innovator Growth Accelerated Plus ETF - October
Which is better, QQQ or QTOC?
Large Cap Growth against Multi Alternative.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.91.
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 | QQQ | QTOC |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.79% |
| AUM | $506.1B | $18M |
| Dividend Yield | 0.42% | 0.00% |
| Holdings | 321 | 15 |
| YTD Return | +19.30%Best | +14.65% |
| 1Y Return | +22.47%Best | +18.47% |
| 3Y Return (annualized) | +26.18%Best | +18.31% |
| 5Y Return (annualized) | +15.42%Best | +9.42% |
| Volatility (annualized) | 20.7% | 16.4%Best |
| Max Drawdown | -35.1% | -33.4%Best |
| $10,000 over 5 years | $20,484Best | $15,685 |
| Fund Family | Invesco (US) | Innovator ETFs Trust |
| Category | Equity | Alternative |
| Style | Large Cap Growth | Multi Alternative |
| Inception | Mar 10, 1999 | Oct 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).
QQQ 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.
QQQ vs QTOC Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Innovator Growth Accelerated Plus ETF - October (QTOC) is an ETF from Innovator ETFs Trust. Over the past year QQQ returned +22.47% while QTOC returned +18.47%. Year to date, QQQ is up 19.30% versus a gain of 14.65% for QTOC.
Over three years, QQQ compounded at +26.18% per year against +18.31% for QTOC; over five years the annualized figures are +15.42% and +9.42% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.7% compared with 16.4% for QTOC. 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 -35.1% for QQQ 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
QQQ charges 0.18% per year while QTOC 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 0.42% against 0.00% for QTOC.
You are not choosing between two funds in isolation.
Whichever of QQQ and QTOC 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, QQQ or QTOC?
QQQ has an expense ratio of 0.18% while QTOC charges 0.79%. QQQ is the cheaper option, by $61 a year on a $10,000 investment.
Which performed better, QQQ or QTOC?
Over the past year QQQ returned +22.47% vs +18.47% for QTOC, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or QTOC?
QQQ has been the more volatile fund at 20.7% annualized versus 16.4% for QTOC. Worst drawdown: QQQ -35.1% vs QTOC -33.4%.
Should I hold both QQQ and QTOC?
QQQ 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, QQQ or QTOC?
QQQ yields 0.42% while QTOC yields 0.00%, so QQQ currently pays the higher dividend yield.
Is QTOC better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. 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.