Skip to content
etf.net

Launched

Innovator Growth Accelerated ETF - Quarterly

XDQQCboeInnovatorC

$37.82−0.55 (−1.44%)

As of Nov 2, 2026, 3:59 PM ET

C47/ 100

Rank 6 of 8 in Nasdaq-100 Accelerated

C47/100Rank 6 of 8inNasdaq-100 Accelerated
Intraday session: down, 78 prints from 38.37 to 37.82. Range 37.82 to 38.87. Use the arrow keys to read each point.38.0038.2038.6038.8010 AM12 PM2 PM4 PM
Expense ratio
0.79%
Fund size
$60M
1Y total return
−2.0%
Yield · Last 12 months
No data
Holdings
3
Avg volume · 30D
15.9K sh
52W range
low $35.61high $42.07
Launched

The ETF.net XDQQ Grade

Based on 4 of 6 pillars

C

Score 47 out of 100

Category
Nasdaq-100 Accelerated⁠
Rank
6 of 8
Six-pillar profile for XDQQ. Scores out of 100: Cost 46, Risk 16, Mission not scored, Tradability 69, Holdings not scored, Durability 83. Strongest: Durability (83). Weakest: Risk (16). Based on 4 of 6 pillars.

Score 47 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C46 out of 100
    Rank 3 of 8

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F16 out of 100
    Rank 8 of 8

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B69 out of 100
    Rank 1 of 8

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A83 out of 100
    Rank 1 of 8

Our read on XDQQ

ETF.net Research

In short

CTwo times the upside of the Nasdaq-100, to a cap, with full downside exposure, re-struck every calendar quarter. Not a daily-reset leveraged fund: the outcome is measured across a three-month period, not overnight.

Stated mandate

The fund is designed to provide 2x upside and 1x downside exposure to QQQ over a calendar-quarter outcome period.

Why people hold it

  • Asymmetric by design: 2x on QQQ's gain up to a cap, roughly 1x on the loss, over a full quarterly outcome period.innovatoretfs.com
  • No daily reset means no overnight compounding drift. Terms are struck at the start of the outcome period and settle at the end.innovatoretfs.cominnovatoretfs.com 2
  • The quarterly clock is the differentiator: caps get re-struck four times a year, while the Accelerated Plus funds (QTAP, QTJL) run to a single annual outcome date.innovatoretfs.com
  • Costs 0.79% a year, sitting right at the median for Innovator's accelerated lineup.

Worth knowing

  • No buffer. Losses run roughly one-for-one with QQQ, and the doubled upside only applies to holders who own it from one quarterly reset to the next.innovatoretfs.com
  • Gains stop at a cap that Innovator can raise or lower each period. Buy mid-quarter and your terms differ from the ones set at the reset.innovatoretfs.com
  • Thinly traded, so limit orders earn their keep. It also holds options rather than stocks, so QQQ's dividends do not pass through and income is not part of the package.innovatoretfs.com

XDQQ Performance

Launched Apr 1, 2021

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

Not enough history yet.
XDQQ$9,796
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. XDQQ $9,796. SPY $11,199. Use the arrow keys to read each point.$9,000$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 XDQQ. Periods over one year show the average yearly return.
PeriodXDQQ
Year to date−3.0%
1 month−6.7%
3 months+0.4%
1 year−2.0%
3 yearsper year+17.1%
5 yearsper year+5.1%
10 yearsFund is under 10 years oldper yearNo data

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 XDQQ
YearReturn barXDQQ
2026 YTD−3.0%
2025+13.8%
2024+31.5%
2023+30.1%
2022−33.7%
2021+18.3%

Since listing, Apr 1, 2021

XDQQ in the news

XDQQ Dividends

This fund pays no distributions.
No dataLast 12 months
Payout per share
No dataLast 12 months

No distributions in the last 12 months.

XDQQ Risk

Risk pillarF16 out of 100Rank 8 of 8 in Nasdaq-100 Accelerated
How much the fund’s monthly returns vary, scaled to a year.
14.1%
Annualised · 36 months to Oct 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.
0.89
vs 3-month T-bills · to Oct 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.
−35.6%
Trough Dec 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.
0.98
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.

FMP measures it over up to five years of monthly returns.

XDQQ Cost

Compare XDQQ and QAU

Overpaying vs QAU, cheapest in Nasdaq-100 Accelerated

$9,025

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

  • XDQQ 0.79%

    $15,174

  • QAU 0.30% Cheapest

    $6,149

$10,000
30 years

Cost over time

  • XDQQ 0.79%
  • QAU 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530XDQQ $15,174QAU $6,149

Year by year

YearXDQQQAUOverpaying
10$1,405$545$860
20$5,331$2,113$3,218
30$15,174$6,149$9,025

Other funds in Nasdaq-100 Accelerated

See others