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NJAN vs QCJA

Innovator Growth-100 Power Buffer ETF

NJANCCboe

FT Vest Nasdaq-100 Conservative Buffer ETF - January

QCJACCboe

Overlap

0.0%by weight

Expense ratio

NJAN −0.11pt a year

NJAN0.79%QCJA0.90%

Avg volume · 30D

QCJA 1.5×the volume

NJAN14.4KQCJA21.9K

NJAN vs QCJA Performance

Nov 5, 2025 – Nov 5, 2026

+7.4%NJAN+6.6%QCJA

Nov 5, 2025 to Nov 5, 2026. NJAN +7.4%. QCJA +6.6%. Use the arrow keys to read each point.−2.5%0%2.5%10%12.5%Nov 2025May 2026Nov 2026
Expense ratio
NJAN 0.79%, better
QCJA 0.90%
Fund size
NJAN $331M
QCJA $77M
1Y total return
NJAN +7.4%, better
QCJA +6.6%
Holdings
NJAN 3
QCJA 3
Avg volume (30D)
NJAN 14.4K sh
QCJA 21.9K sh, better
NAV per share
NJAN $59.99
QCJA $23.75
52W range

ETF.net Grade

NJAN: Cost 39, Risk 50, Mission not scored, Tradability 79, Holdings not scored, Durability 87. QCJA: Cost 5, Risk 77, Mission not scored, Tradability 73, Holdings not scored, Durability 68.
Pillar letters and Scores for NJAN, QCJA, with each pillar’s weight
PillarNJANQCJA
Cost30% weightD39HigherF5
Mission25% weightNot scoredNot scored
Risk15% weightC50A77Higher
Tradability15% weightA79HigherA73
Holdings10% weightNot scoredNot scored
Durability5% weightA87HigherB68

Rank among Nasdaq-100 Buffer 15% funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. NJAN and QCJA are both graded against the same 15 Nasdaq-100 Buffer 15% funds, so their Grades compare head to head.

Nasdaq-100 Buffer 15%⁠

Category · 15 funds
See all 15 ›

NJAN ranks 3rd and QCJA 7th of 15 funds in the Nasdaq-100 Buffer 15% Category.

  1. Rank 1BQBQFAllianzIM Growth 100 Buffer15 ETFScore 56
  2. Rank 2CNOCTInnovator Growth-100 Power Buffer ETFScore 55
  3. Rank 3CNJANInnovator Growth-100 Power Buffer ETFScore 54
  4. Rank 4CNJULInnovator Nasdaq-100 Power Buffer ETF - JulyScore 53
  5. Rank 6CNJUNInnovator Growth-100 Power Buffer ETF - JuneScore 46
  6. Rank 7CQCJAFT Vest Nasdaq-100 Conservative Buffer ETF - JanuaryScore 42
  7. Rank 8CQJLCorgi Growth & Technology 10% Structured Buffer ETF - July SeriesScore 40

Our read on each fund

ETF.net Research

NJANCInnovator Growth-100 Power Buffer ETF

QCJACFT Vest Nasdaq-100 Conservative Buffer ETF - January

In short

NJAN The January rung of Innovator's Nasdaq-100 ladder: hold a QQQ-linked stake, hand back the upside above a cap set each January, and get the first 15% of the year's losses absorbed. Big tech with the top and bottom sanded down.

QCJA No data

Stated mandate

NJAN The fund seeks capped upside exposure to the Invesco QQQ Trust while protecting against the first 15% of losses during each approximately annual outcome period.

QCJA No data

Why people hold it

  • NJAN Deep cushion by design: the first 15% of the reference asset's losses over each roughly one-year outcome period are absorbed before you feel anything.
  • The reference asset is the Invesco QQQ Trust itself, not a bespoke index. What you're buffering is the same Nasdaq-100 exposure most investors already know.
  • Part of a dated series (NAPR, NJUL run the same 15% Power Buffer on different start months), so entry dates can be laddered rather than bet on one January.
  • Fee sits right at the middle of the Nasdaq-100 buffer aisle at 0.79%, and the fund has been running its annual reset since 2020.

QCJA No data

Worth knowing

  • NJAN The cap is the price of the buffer. It's reset each January from options pricing, so a scorching Nasdaq-100 year gets left partly on the table.
  • Outcomes are engineered start-to-finish of the period. Buy or sell mid-period and your real cushion and remaining upside differ from the headline terms.
  • Cheaper ways to buffer the Nasdaq-100 exist (PBQQ runs 0.50%), and this one trades lightly, so limit orders matter more here than with the category's giants.

QCJA No data

Full NJAN profile⁠

Full QCJA profile⁠

NJAN vs QCJA Holdings

How NJAN and QCJA differ

Overlap by weight

0.0%

Level by level

  • Holdings0 in both0.0%
  • Countryby domicile100%
  • Sector10 Sectors100%

Sector

Sector weights in NJAN and QCJA, widest gap first
SectorMore in NJANMore in QCJAGap
TechnologySame weight
CommunicationSame weight
Consumer DiscretionarySame weight
Consumer StaplesSame weight
IndustrialsSame weight
Health CareSame weight
UtilitiesSame weight
MaterialsSame weight
EnergySame weight
FinancialsSame weight

Country, concentration and asset class

Country by domicile

Country weights in NJAN and QCJA, widest gap first
CountryMore in NJANMore in QCJAGap
United StatesSame weight
CanadaSame weight
NetherlandsSame weight
BrazilSame weight
ChinaSame weight
United KingdomSame weight

Concentration

Weight in the 10 largest Holdings

  • NJAN103.1%
  • QCJA104.3%

Securities held

  • NJAN3
  • QCJA2

Asset class

NJAN
Stocks
QCJA
Multi-Asset

Holdings

  • Only in NJAN3
  • In both0
  • Only in QCJA2

Only in NJAN

3 securities, 100% of NJAN by weight

  • Qqq 12/31/2026 6.14 C102.07%
  • Qqq 12/31/2026 614.31 P0.76%
  • Us Bank Mmda - Usbgfs 9 09/01/20370.29%

Only in QCJA

2 securities, 100% of QCJA by weight

  • 2027-01-15 Invesco QQQ Trust, Series 1 C 6.20102.75%
  • 2027-01-15 Invesco QQQ Trust, Series 1 P 621.251.09%

Weight gaps

NJAN and QCJA share no securities.

All 6 NJAN holdings⁠All 4 QCJA holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

NJAN vs QCJA Cost

Overpaying QCJA vs NJAN

$1,866

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • NJAN 0.79%

    $15,174

  • QCJA 0.90%

    $17,040

$10,000
30 years

Cost over time

  • NJAN 0.79%
  • QCJA 0.90%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530QCJA $17,040NJAN $15,174

Year by year

YearNJANQCJAOverpaying
10$1,405$1,593$188
20$5,331$6,015$684
30$15,174$17,040$1,866

Expense ratio

  • 0.79%NJAN, cheaper
  • 0.90%QCJA
  • Middle half of Nasdaq-100 Buffer 15% funds
  • Median 0.79%

NJAN 8th cheapest of 15 funds

QCJA 13th cheapest of 15 funds

NJAN vs QCJA Dividends

Last 12 months to Nov 5, 2026
Payout (12M)
NJAN None
QCJA None

Distribution history

NJANAll NJAN payments⁠

No distribution history available.

QCJAAll QCJA payments⁠

No distribution history available.

NJAN vs QCJA Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
NJAN 7.1%QCJA 7.0%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
NJAN 1.20QCJA 0.88since Feb 2025
Worst fallMax drawdown, 5 years
NJAN −20.7%QCJA −10.7%since Jan 2025
Market sensitivityBeta, 5 years
NJAN 0.44QCJA 0.53

NJAN and QCJA in the news

All news⁠

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