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NJAN vs QMFE

Innovator Growth-100 Power Buffer ETF

NJANCCboe

FT Vest Nasdaq-100 Moderate Buffer ETF - February

QMFEDCboe

Overlap

Expense ratio

NJAN −0.11pt a year

NJAN0.79%QMFE0.90%

Avg volume · 30D

NJAN 2.9×the volume

NJAN14.3KQMFE4.9K

NJAN vs QMFE Performance

Oct 31, 2025 – Oct 30, 2026

+11.0%NJAN+12.2%QMFE

Oct 31, 2025 to Oct 30, 2026. NJAN +11.0%. QMFE +12.2%. Use the arrow keys to read each point.0%5%15%Oct 2025Apr 2026Oct 2026
Expense ratio
NJAN 0.79%, better
QMFE 0.90%
Fund size
NJAN $333M
QMFE $43M
1Y total return
NJAN +11.0%
QMFE +12.2%, better
Holdings
NJAN 3
QMFE 3
Avg volume (30D)
NJAN 14.3K sh, better
QMFE 4.9K sh
NAV per share
NJAN $59.79
QMFE $24.63
52W range

ETF.net Grade

NJAN: Cost 39, Risk 49, Mission not scored, Tradability 79, Holdings not scored, Durability 87. QMFE: Cost 5, Risk 75, Mission not scored, Tradability 53, Holdings not scored, Durability 56.
Pillar letters and Scores for NJAN, QMFE, with each pillar’s weight
PillarNJANQMFE
Cost30% weightD39HigherF5
Mission25% weightNot scoredNot scored
Risk15% weightC49A75Higher
Tradability15% weightA79HigherC53
Holdings10% weightNot scoredNot scored
Durability5% weightA87HigherB56

Rank among Nasdaq-100 Buffer 15% funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. NJAN and QMFE 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 2nd and QMFE 14th of 15 funds in the Nasdaq-100 Buffer 15% Category.

  1. Rank 1BQBQFAllianzIM Growth 100 Buffer15 ETFScore 58
  2. Rank 2CNJANInnovator Growth-100 Power Buffer ETFScore 54
  3. Rank 3CNOCTInnovator Growth-100 Power Buffer ETFScore 53
  4. Rank 8CQQMYCorgi Growth & Technology 15% Structured Buffer ETF - May SeriesScore 40
  5. Rank 14DQMFEFT Vest Nasdaq-100 Moderate Buffer ETF - FebruaryScore 36
  6. Rank 15DQMNVFT Vest Nasdaq-100 Moderate Buffer ETF - NovemberScore 35

Our read on each fund

ETF.net Research

NJANCInnovator Growth-100 Power Buffer ETF

QMFEDFT Vest Nasdaq-100 Moderate Buffer ETF - February

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.

QMFE 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.

QMFE 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.

QMFE 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.

QMFE No data

Full NJAN profile⁠

Full QMFE profile⁠

NJAN vs QMFE 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 QMFE Cost

Overpaying QMFE vs NJAN

$1,866

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

  • NJAN 0.79%

    $15,174

  • QMFE 0.90%

    $17,040

$10,000
30 years

Cost over time

  • NJAN 0.79%
  • QMFE 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$20K051015202530QMFE $17,040NJAN $15,174

Year by year

YearNJANQMFEOverpaying
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%QMFE
  • Middle half of Nasdaq-100 Buffer 15% funds
  • Median 0.79%

NJAN 8th cheapest of 15 funds

QMFE 13th cheapest of 15 funds

NJAN vs QMFE Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
NJAN None
QMFE None

Distribution history

NJANAll NJAN payments⁠

No distribution history available.

QMFEAll QMFE payments⁠

No distribution history available.

NJAN vs QMFE 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%QMFE 8.1%since Mar 2025
Return per unit of riskSharpe ratio, 3 years
NJAN 1.20QMFE 1.21since Mar 2025
Worst fallMax drawdown, 5 years
NJAN −20.7%QMFE −11.8%since Feb 2025
Market sensitivityBeta, 5 years
NJAN 0.44QMFE 0.59

NJAN and QMFE in the news

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