Innovator Growth Accelerated Plus ETF
$53.08−0.12 (−0.22%)
- Expense ratio
- 0.79%
- Fund size
- $20M
- 1Y return
- +21.8%
- Yield · Last 12 months
- —
- Holdings
- 5
- Volume · 30D
- 0M sh
- NAV per share
- $52.83
- 52W range
The ETF.net QTAP Grade
Score 60 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 46Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 84Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 64Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 73Category rank
Our read on QTAP
BTriple QQQ's upside to a cap, roughly one-for-one on the way down, over a one-year stretch that resets each April. Leveraged-style math without a daily reset, and no buffer underneath it.
The Fund seeks to deliver three times the positive return of the Invesco QQQ Trust over the current annual outcome period, subject to a 22.80% gross cap, while approximately matching QQQ losses. It uses FLEX Options and provides no downside buffer.
Why people hold it
- Three up, one down: the options structure targets 3x QQQ's gain to a cap while tracking its decline about one-for-one across the annual outcome period.innovatoretfs.com
- Outcomes are measured over a full year rather than daily, so the structure sidesteps the compounding drift baked into daily 3x leveraged funds.innovatoretfs.com
- The 0.79% expense ratio sits right at the median for the five accelerated-upside funds in its peer group.
- One of the original Accelerated ETFs, listed April 2021, and it stands near the top of the small group of funds built this way.globenewswire.com
Worth knowing
- No buffer here. Downside exposure runs roughly one-for-one with QQQ, so a rough year in the Nasdaq-100 shows up in full.innovatoretfs.com
- The cap is set at the start of each annual period, so buying mid-period means different upside, downside and cap than the headline terms.innovatoretfs.com
- A small, thinly traded fund, which makes limit orders worth the trouble. Sibling vintages QTJL, QTOC and QTJA run the same design off other reset months.
QTAP Holdings
- Stocks
- 5
- 165%
- QQQ 03/31/2027 5.78 C
Sectors
QTAP Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | QTAP |
|---|---|
| Year to date | +18.8% |
| 1 month | +2.1% |
| 3 months | +4.0% |
| 1 year | +21.8% |
| 3 years | +21.2% |
| 5 years | +13.0% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | QTAP |
|---|---|---|
| 2026 YTD | +18.8% | |
| 2025 | +19.3% | |
| 2024 | +17.4% | |
| 2023 | +43.3% | |
| 2022 | −25.9% | |
| 2021 | +15.6% |
QTAP in the news
ETF.net Research hasn’t filed on QTAP yet — coverage lands here as it’s written.
QTAP Dividends
No distributions in the last 12 months.
QTAP Risk
- 8.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.60
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −29.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.55
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
QTAP Cost
- The middle half of Nasdaq-100 Accelerated funds
- Median 0.79%
2 of the 8 Nasdaq-100 Accelerated funds charge less.