Do ILDR and QQQJ hold the same stocks?

By their latest filings, 6% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, ILDR or QQQJ?

ILDR has 66% of its weight in S&P 500 names and QQQJ has 47%, so QQQJ differs more from the index.

Which is cheaper, ILDR or QQQJ?

ILDR charges 0.75% a year and QQQJ charges 0.15%, so QQQJ is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

ILDR vs QQQJ: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, ILDR returned +6.6% to QQQJ's +25.2%; 6% of their weight is in the same names.

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Net assets on Nov 3, 2026: $334m for First Trust Innovation Leaders ETF and $1.2bn for Invesco NASDAQ Next Gen 100 ETF.

ILDR on its own →QQQJ on its own →

At a glance

65.5%

ILDR in the S&P 500

46.7%

QQQJ in the S&P 500

+6.6%

ILDR total return, 1 year

+25.2%

QQQJ total return, 1 year

ILDR · 1 year to Nov 4, 2026 35% of its weight is outside the S&P 500

66% of ILDR's weight is in S&P 500 companies and 35% is outside the index. Holdings as of Nov 3, 2026.

QQQJ · 1 year to Nov 4, 2026 53% of its weight is outside the S&P 500

47% of QQQJ's weight is in S&P 500 companies and 53% is outside the index. Holdings as of Nov 3, 2026.

Pair scorecard

QQQJ costs 0.60 points a year less; their one-year returns differ by 18.6 points; QQQJ is 3.6 times larger.

Points (pts) are percentage points.

ILDR vs QQQJ: Holdings Overlap & Returns
Measure	ILDR	QQQJ
Return
Measure	ILDR	QQQJ
Total return, 1 year	+6.6%	+25.2%
Drawdown
Measure	ILDR	QQQJ
Below its all-time high	12.5%, high on Oct 6, 2026
Against its benchmark
Measure	ILDR	QQQJ
What it tracks	Broad innovation and megatrends	Broad innovation and megatrends
Its benchmark, total return, 1 year	+14.8%	+14.8%
Against its benchmark, 1 year	behind by 8.2 pts	ahead by 10.4 pts
Cost and size
Measure	ILDR	QQQJ
Expense ratio	0.75%	0.15%
Net assets, as of Nov 3, 2026	$334m	$1.2bn
Holdings
Measure	ILDR	QQQJ
Holdings in common	6%

Method

Risk and return

Jun 4, 2021 to Oct 30, 2026 · 282 weekly returns · each against IWV

ILDR QQQJ

Return

Total return edge ILDR +76.0% +41.0%

Annualized edge ILDR +11.0% +6.5%

Price return edge ILDR +75.7% +34.6%

Risk

Volatility edge QQQJ 24.7% 20.4%

Max drawdown edge QQQJ (slight) −42.5% −39.2%

Downside capture 126.4% 115.2%

Beta 1.38 1.16

Risk-adjusted

Sharpe edge ILDR 0.40 0.23

Sortino edge ILDR 0.58 0.34

Treynor 0.071 0.041

Calmar edge ILDR 0.26 0.17

Against the benchmark

Alpha −2.2% a year −5.3% a year

Alpha t-stat −0.46 −1.53

Information ratio 0.09 −0.46

Tracking error 12.5% 8.5%

Reading

From Jun 2021 to Oct 2026, ILDR returned more: +76.0% to +41.0%. QQQJ swung less: 20.4% to 24.7%. QQQJ fell slightly less at its worst: −39.2% to −42.5%.

Full scorecard

19 measures, with how each is measured Open ↓

Risk and return: ILDR vs QQQJ: Holdings Overlap & Returns
Measure	ILDR	QQQJ	IWV	Edge	How it is measured
Return
Total return	+76.0%	+41.0%		ILDR	Price change plus distributions, reinvested.
Annualized	+11.0%	+6.5%		ILDR	Total return as a yearly rate.
Price return	+75.7%	+34.6%		ILDR	Price change alone, distributions left out.
Risk
Volatility	24.7%	20.4%		QQQJ	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	16.8%	14.0%		QQQJ	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−42.5%	−39.2%		QQQJ (slight)	Deepest fall from a high to the low after it.
Upside capture	171.8%	118.6%	100.0%	ILDR	Share of its benchmark's rise caught in the weeks it rose.
Downside capture	126.4%	115.2%	100.0%	QQQJ (slight)	Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta	1.38	1.16	1.00	QQQJ lower	How far it moves for each 1% its benchmark moves.
R squared	0.81	0.84	1.00	Not an edge	Share of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe	0.40	0.23		ILDR	Return above Treasury bills per unit of volatility.
Sortino	0.58	0.34		ILDR	Return above Treasury bills per unit of downside deviation.
Treynor	0.071	0.041	0.087	ILDR	Return above Treasury bills per unit of beta.
Calmar	0.26	0.17		ILDR	Annualized return divided by the max drawdown.
Against the benchmark
Benchmark	IWV	IWV	IWV		The ETF each fund is measured against.
Alpha	−2.2% a year	−5.3% a year	0.0%	Not significant	Yearly return beyond what its beta to the benchmark predicts.
Alpha t-stat	−0.46	−1.53		Not an edge	How sure the alpha is. Below 2, it could be chance.
Alpha range	−11.4% to +7.1%	−12.2% to +1.5%		Both include zero	The 95% range for the yearly alpha.
Information ratio	0.09	−0.46		ILDR	Return against its benchmark per unit of tracking error.
Tracking error	12.5%	8.5%	0.0%	Not an edge	How far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 282 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, ILDR and QQQJ hold 6% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

50%

0 half 100%

half

6% in common

Positions both hold · largest shared weight first ILDR QQQJ

argenx SE 0.88% 1.24%

Neurocrine Biosciences, Inc. 1.48% 0.85%

Ascendis Pharma A/S 1.07% 0.78%

Zebra Technologies Corporation 0.77% 0.79%

BridgeBio Pharma, Inc. 1.00% 0.75%

MongoDB, Inc. 0.65% 1.36%

Madrigal Pharmaceuticals, Inc. 0.79% 0.46%

AeroVironment, Inc. 0.58% 0.32%

AST SpaceMobile, Inc. 0.16% 0.56%

Only in one fund ↓

Only in ILDR

NVIDIA Corporation 9.90%

Amazon.com, Inc. 6.23%

Advanced Micro Devices, Inc. 5.45%

Alphabet Inc. (Class A) 4.20%

Eli Lilly and Company 4.02%

Broadcom Inc. 3.61%

Microsoft Corporation 3.11%

Micron Technology, Inc. 2.56%

Only in QQQJ

Natera Inc 2.83%

eBay Inc 2.67%

Revolution Medicines Inc 2.10%

NetApp Inc 1.89%

Biogen Inc 1.86%

Illumina Inc 1.82%

Steel Dynamics Inc 1.79%

Elbit Systems Ltd 1.79%

Check overlap with more funds →

Window by window

Window by window: ILDR vs QQQJ: Holdings Overlap & Returns
	Total return		vs its benchmark
Window	ILDR	QQQJ	ILDR	QQQJ
3 months	−7.4%	−1.2%	−7.1 pts vs IWV	−0.9 pts vs IWV
6 months	−1.8%	+6.2%	−6.7 pts vs IWV	+1.3 pts vs IWV
1 year	+6.6%	+25.2%	−8.2 pts vs IWV	+10.4 pts vs IWV
3 years	+107.0%	+91.2%	+26.0 pts vs IWV	+10.2 pts vs IWV
Since launchNot the same days: ILDR May 2021 · QQQJ Oct 2020	+75.9%	+74.3%	−10.3 pts vs IWV	−53.2 pts vs IWV

Open this comparison in the app →

Side by side

ILDR First Trust Innovation Leaders ETF · Holds 81 stocks in broad innovation and megatrends, 66% of its weight in S&P 500 companies QQQJ Invesco NASDAQ Next Gen 100 ETF · Holds 106 stocks in broad innovation and megatrends, 47% of its weight in S&P 500 companies

Issuer First Trust Invesco

Theme Broad innovation and megatrends Broad innovation and megatrends

In the S&P 500 65.5% 46.7%

Active share vs the S&P 500 66.9% 98.6%

In the Nasdaq-100 48.8% 0.0%

Holdings 81 106

Top ten, share of the fund 44.0% 20.3%

Expense ratio 0.75% 0.15%

Fee for the differing part 1.12% 0.15%

Total return, 1 year +6.6% +25.2%

vs its benchmark −8.2 pts vs IWV +10.4 pts vs IWV

Below its high −12.5% −4.4%

Net assets, as of Nov 3, 2026 $334m $1.2bn

As of Nov 4, 2026. Source: ETFIQ.

6% of the two portfolios are the same securities at the same weight.

Client brief:

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About each fund

ILDR

Over the year to Nov 4, 2026 the fund returned +6.6% with distributions reinvested against +14.8% for its benchmark, the Russell 3000 Index, so a holder was behind by 8.2 pts.

By weight, 66% of ILDR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 67%. The top ten holdings are 44% of the fund across 81 positions, as published by its issuer for Nov 3, 2026. It sits 12.5% below its all-time high of Oct 6, 2026.

QQQJ

Over the year to Nov 4, 2026 the fund returned +25.2% with distributions reinvested against +14.8% for its benchmark, the Russell 3000 Index, so a holder was ahead by 10.4 pts.

By weight, 47% of QQQJ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 20% of the fund across 106 positions, as published by its issuer for Nov 3, 2026.

Questions people ask

Do ILDR and QQQJ hold the same stocks?: By their latest filings, 6% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, ILDR or QQQJ?: ILDR has 66% of its weight in S&P 500 names and QQQJ has 47%, so QQQJ differs more from the index.
Which is cheaper, ILDR or QQQJ?: ILDR charges 0.75% a year and QQQJ charges 0.15%, so QQQJ is cheaper. Fees come from each fund's prospectus.

Other comparisons

ILDR vs XT ILDR vs FDTX ILDR vs TMAT ILDR vs ARKK QQQJ vs ARKK QQQJ vs DTRE QQQJ vs TMAT QQQJ vs AOTG

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →ILDR on its own →QQQJ on its own →ILDR holdings →QQQJ dividend history →QQQJ holdings →Method →Standards and sources →

Sources and dates

ILDR filings on SEC EDGAR ↗

ILDR prospectus with the expense ratio (SEC) ↗

First Trust page for ILDR ↗

QQQJ filings on SEC EDGAR ↗

QQQJ prospectus with the expense ratio (SEC) ↗

Invesco page for QQQJ ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, ILDR against QQQJ, data as of Nov 4, 2026. https://etfiq.com/compare/themes/ildr-vs-qqqj

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.