QQQY vs ZNOV
Defiance Nasdaq 100 Weekly Distribution ETF vs Innovator Equity Defined Protection ETF - 1 Yr November
Which is better, QQQY or ZNOV?
QQQY has been ahead.
ZNOV has a lower expense ratio. QQQY led over 1Y 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 | QQQY | ZNOV |
|---|---|---|
| Expense Ratio | 1.01% | 0.79%Best |
| AUM | $192M | $105M |
| Dividend Yield | 33.38% | 0.00% |
| Holdings | 10 | 15 |
| YTD Return | +17.03%Best | +5.16% |
| 1Y Return | +20.86%Best | +6.13% |
| 3Y Return (annualized) | +28.44% | - |
| Volatility (annualized) | 17.7% | 2.7%Best |
| Max Drawdown | -12.6% | -3.3%Best |
| $10,000 over 1.9 years | $17,631Best | $11,225 |
| Fund Family | Defiance ETFs, LLC | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Sep 13, 2023 | Nov 1, 2024 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Nov 1, 2024 to Oct 14, 2026 (1.9 years).
QQQY vs ZNOV 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 1.9 years both funds cover.
QQQY vs ZNOV Performance
Defiance Nasdaq 100 Weekly Distribution ETF (QQQY) is an ETF from Defiance ETFs, LLC and Innovator Equity Defined Protection ETF - 1 Yr November (ZNOV) is an ETF from Innovator ETFs Trust. Over the past year QQQY returned +20.86% while ZNOV returned +6.13%. Year to date, QQQY is up 17.03% versus a gain of 5.16% for ZNOV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQY has been the more volatile fund, with annualized monthly volatility of 17.7% compared with 2.7% for ZNOV. 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 -12.6% for QQQY and -3.3% for ZNOV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQY charges 1.01% per year while ZNOV charges 0.79%. On a $10,000 position that is $101 vs $79 annually, a gap of $22 per year that compounds over a long holding period. On income, QQQY currently yields 33.38% against 0.00% for ZNOV.
You are not choosing between two funds in isolation.
Whichever of QQQY and ZNOV 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, QQQY or ZNOV?
QQQY has an expense ratio of 1.01% while ZNOV charges 0.79%. ZNOV is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, QQQY or ZNOV?
Over the past year QQQY returned +20.86% vs +6.13% for ZNOV, so QQQY leads on 1-year performance. Over the longest common window we track (2 years), QQQY annualized +34.78% vs +6.27% for ZNOV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQY or ZNOV?
QQQY has been the more volatile fund at 17.7% annualized versus 2.7% for ZNOV. Worst drawdown: QQQY -12.6% vs ZNOV -3.3%.
Should I hold both QQQY and ZNOV?
QQQY and ZNOV have a monthly-return correlation of 0.74, 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, QQQY or ZNOV?
QQQY yields 33.38% while ZNOV yields 0.00%, so QQQY currently pays the higher dividend yield.
Is ZNOV better than QQQY?
ZNOV has a lower expense ratio. QQQY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.