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QTJL

GradeCChicago Board Options Exchange

Innovator Growth Accelerated Plus ETF

Accelerated Upside · Innovator · Inception 2021-07-01

$43.52−0.31 (−0.70%)

As of Sep 23, 2026, 2:24 PM EDT

Intraday session: down, 53 prints from 43.82 to 43.52. Range 43.38 to 43.72. Use the arrow keys to read each point.$43.40$43.60$43.7010 AM12 PM2 PM4 PM
Expense ratio
0.79%
Fund size
$28M
1Y return
+14.9%
Yield · Last 12 months
Holdings
5
Volume · 30D
0M sh
NAV per share
$42.55
52W range
low $37.10high $43.84

The ETF.net QTJL Grade

C

50/ 100

Rank 4 of 8 in Nasdaq-100 Accelerated

Confidence Low

Six-pillar profile for QTJL. Scores out of 100: Cost 46, Risk 44, Mission not scored, Tradability 56, Holdings not scored, Durability 75. Strongest: Durability (75). Weakest: Risk (44). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 50 of 100 sits in the C 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 46
    Category rank5/8 · mid-pack
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 44
    Category rank4/7 · mid-pack
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 56
    Category rank4/8 · top 50%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 75
    Category rank2/8 · top 25%

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

Our read on QTJL

ETF.net Research

CLeverage without the buffer. QTJL aims for three times QQQ's upside over a roughly one-year outcome period, up to a cap, while declines pass through about one-for-one. It's the July-dated member of Innovator's accelerated lineup.

Stated mandate

The ETF seeks to deliver three times QQQ’s upside over an approximately one-year outcome period, subject to a cap, while retaining roughly one-for-one downside exposure. It can reset for successive periods and may be held indefinitely.

Why people hold it

  1. 01Triple upside without the daily reset: the 3x applies to QQQ's move across the full outcome period, not compounded day by day the way daily leveraged funds work.innovatoretfs.com
  2. 02The leverage is packaged as options inside a standard 1940 Act fund, so there's no margin account to maintain and no financing call to manage.innovatoretfs.com
  3. 03Built to roll: when the outcome period ends, a fresh cap is struck and the fund continues, so it can be held across successive periods rather than maturing.innovatoretfs.com
  4. 04At 0.79%, it prices in line with the rest of Innovator's accelerated funds, so the decision is about structure and start month, not the fee.

Worth knowing

  1. 01The acceleration runs one way. QQQ's declines come through roughly one-for-one with no buffer underneath, so the tripled upside is paid for with full downside.innovatoretfs.com
  2. 02Cap and multiple are struck for a whole period: buying partway through changes the payoff you get, and the next period's cap isn't knowable in advance.innovatoretfs.com
  3. 03A small fund that trades thinly, so spreads can run wider than mainstream index ETFs, and it hasn't been a source of income distributions.

QTJL Holdings

As of Sep 22, 2026, 10:01 PM
Asset class
Stocks
Holdings
5
Top-10 weight
117%
Largest holding
QQQ 06/30/2027 7.38 C97.3%

Sectors

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001QQQ 06/30/2027 7.38 C97.30%376$28M1
002QQQ 06/30/2027 736.4 C19.64%752$6M1
003US BANK MMDA - USBGFS 9 09/01/20370.19%54,207$54K161

Showing 1–3 of 3 holdings

QTJL Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

QTJL$11,492
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. QTJL $11,492. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

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.

Trailing total return for QTJL. Periods over one year show the average yearly return.
PeriodQTJL
Year to date+11.4%
1 month+4.8%
3 months+3.7%
1 year+14.9%
3 years+21.1%per year
5 years+10.4%per year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for QTJL
YearReturn barQTJL
2026 YTD+11.4%
2025+21.1%
2024+16.5%
2023+42.4%
2022−30.2%
2021+9.3%

Since listing, Jul 1, 2021

QTJL in the news

ETF.net Research hasn’t filed on QTJL yet — coverage lands here as it’s written.

QTJL Dividends

This fund pays no distributions.
Last 12 months
Payout per share
Last 12 months

No distributions in the last 12 months.

QTJL Risk

How much the fund’s monthly returns vary, scaled to a year.
12.3%
Annualised · 36 months to Aug 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
1.04
vs 3-month T-bills · to Aug 2026
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.

The largest fall from a peak to the low that followed.
−33.4%
Trough Oct 2022
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.

How strongly the fund’s returns move with its asset-class index.
0.79
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

QTJL Cost

Expense ratio0.79%
  • The middle half of Nasdaq-100 Accelerated funds
  • Median 0.79%

2 of the 8 Nasdaq-100 Accelerated funds charge less.

QTJL costs $79.00 a year on $10,000. The median Nasdaq-100 Accelerated fund costs $79.00.