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Launched

Innovator U.S. Equity Accelerated Plus ETF

XTOCCboeInnovatorB

$36.94−0.15 (−0.40%)

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

B60/ 100

Rank 4 of 12 in S&P 500 Accelerated

B60/100Rank 4 of 12inS&P 500 Accelerated
Intraday session: down, 78 prints from 37.09 to 36.94. Range 36.94 to 37.41. Use the arrow keys to read each point.37.0037.2037.3037.4010 AM12 PM2 PM4 PM
Expense ratio
0.79%
Fund size
$18M
1Y total return
+12.4%
Yield · Last 12 months
No data
Holdings
4
Avg volume · 30D
6.64K sh
52W range
low $31.00high $37.84
Launched

The ETF.net XTOC Grade

Based on 5 of 6 pillars

B

Score 60 out of 100

Category
S&P 500 Accelerated⁠
Rank
4 of 12
Six-pillar profile for XTOC. Scores out of 100: Cost 63, Risk 55, Mission not scored, Tradability 58, Holdings 37, Durability 64. Strongest: Durability (64). Weakest: Holdings (37). Based on 5 of 6 pillars.

Score 60 of 100 falls in the B 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.
    B63 out of 100
    Rank 3 of 12

  • 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.
    B55 out of 100
    Rank 4 of 11

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B58 out of 100
    Rank 5 of 12

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D37 out of 100
    Rank 5 of 5

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B64 out of 100
    Rank 5 of 12

Our read on XTOC

ETF.net Research

In short

BUpside-only leverage: XTOC targets triple SPY's price return over a one-year October-to-September stretch, subject to a cap, while the downside tracks the index roughly one-for-one. Options do the work, so there's no daily reset.

Stated mandate

The Fund seeks three times the upside return of SPY during the annual outcome period, subject to a cap, while approximately matching SPY losses on the downside. It resets at the end of each outcome period and can be held indefinitely.

Why people hold it

  • Built from one-year options rather than borrowed money, so the 3x upside applies to the whole outcome period instead of compounding day by day like a geared fund.innovatoretfs.com
  • The structure resets every October 1 and can be held indefinitely, so a fresh cap and a fresh outcome period arrive each year without you rolling anything yourself.sec.gov
  • The 0.79% fee is par for accelerated-return funds: same as Innovator siblings XDSQ and XTAP, below the 0.85% on FT Vest's XMAR and XJUN.

Worth knowing

  • The upside is capped, and a new cap is set at the start of each October period. The stated math is designed for shares held from the first day of a period to the last.innovatoretfs.comsec.gov
  • No buffer sits underneath. Losses track SPY roughly one-for-one, and because the design follows price return, S&P 500 dividends don't pass through.sec.gov
  • A small fund that trades lightly, which can mean wider bid-ask spreads than mainstream index ETFs.

XTOC Performance

Launched Oct 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.
XTOC$11,239
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. XTOC $11,239. SPY $11,199. Use the arrow keys to read each point.$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 XTOC. Periods over one year show the average yearly return.
PeriodXTOC
Year to date+10.8%
1 month−0.4%
3 months+1.5%
1 year+12.4%
3 yearsper year+15.2%
5 yearsper year+8.0%
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 XTOC
YearReturn barXTOC
2026 YTD+10.8%
2025+13.9%
2024+10.5%
2023+25.4%
2022−17.9%
2021+6.2%

Since listing, Oct 1, 2021

XTOC in the news

XTOC Dividends

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

No distributions in the last 12 months.

XTOC Risk

Risk pillarB55 out of 100Rank 4 of 11 in S&P 500 Accelerated
How much the fund’s monthly returns vary, scaled to a year.
8.7%
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.
1.17
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.
−24.1%
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.
0.60
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.

XTOC Cost

Compare XTOC and TWOX

Overpaying vs TWOX, cheapest in S&P 500 Accelerated

$4,638

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

  • XTOC 0.79%

    $15,174

  • TWOX 0.53% Cheapest

    $10,536

$10,000
30 years

Cost over time

  • XTOC 0.79%
  • TWOX 0.53%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530XTOC $15,174TWOX $10,536

Year by year

YearXTOCTWOXOverpaying
10$1,405$953$452
20$5,331$3,658$1,673
30$15,174$10,536$4,638

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