Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
NJAN vs QQQM: how they differ
Over the year QQQM returned more, +23.0% against +14.0%, and QQQM charges 0.15% against 0.79%.
Innovator Growth-100 Power Buffer ETF - Jan and Invesco NASDAQ 100 ETF.
| NJAN Innovator Growth-100 Power Buffer ETF - Jan | QQQM Invesco NASDAQ 100 ETF | |
|---|---|---|
| Where it sits | Buffer ETF | Core index fund |
| Issuer | Innovator | Invesco |
| What it is | Defined outcome, 15% on QQQ | Nasdaq-100 |
| Total return, 1 year | +14.0% | +23.0% |
| S&P 500 over the same days | +23.0% | +17.5% |
| Gap to the S&P 500 | −8.9 pts | +5.5 pts |
| Expense ratio | 0.79% | 0.15% |
| Holdings | not filed | 106 |
NJAN in plain words
QQQ had already risen past this fund's cap of +14.7% for the period on Sep 13, 2026, so in index terms there is no more upside to collect. The fund's own price can still drift up to about 4.3% as the period runs out. The fund's price can fall 9.1% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, QQQ can fall 14.1% from today's level to the point where the buffer begins. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's QQQ level. 111 days remained on Sep 13, 2026. On Dec 31, 2026 the period ends and a new cap is set.
QQQM in plain words
QQQM is an index equity fund tracking the Nasdaq-100. Over the year to Sep 11, 2026 it returned +23.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Sep 10, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 106 positions, with the top ten at 47.1%. It sat 4.1% below its high of Jun 2, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, NJAN or QQQM?
- In the year to Sep 13, 2026, with distributions reinvested, NJAN returned +14.0% and QQQM returned +23.0%, so QQQM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, NJAN or QQQM?
- NJAN charges 0.79% a year and QQQM charges 0.15%, so QQQM is cheaper. Fees come from each fund's prospectus.
- Are NJAN and QQQM the same kind of fund?
- No. NJAN is a buffer ETF and QQQM is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, NJAN against QQQM, data as of Sep 13, 2026. https://etfiq.com/compare/any/njan-vs-qqqm Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources