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QTAP vs XDQQ

Innovator Growth Accelerated Plus ETF

QTAPBCboe

Innovator Growth Accelerated ETF - Quarterly

XDQQCCboe

Overlap

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

QTAP0.79%XDQQ0.79%

Avg volume · 30D

XDQQ 8.6×the volume

QTAP1.85KXDQQ15.9K

5Y return · a year

QTAP +7.0pt

QTAP+12.1%XDQQ+5.1%

QTAP vs XDQQ Performance

Oct 29, 2021 – Oct 30, 2026

+77.4%QTAP+28.4%XDQQ

Oct 29, 2021 to Oct 30, 2026. QTAP +77.4%. XDQQ +28.4%. Use the arrow keys to read each point.−25%0%50%Oct 2021Apr 2024Oct 2026
Expense ratio
QTAP 0.79%
XDQQ 0.79%
Fund size
QTAP $20M
XDQQ $60M
1Y total return
QTAP +19.0%, better
XDQQ −2.0%
Holdings
QTAP 3
XDQQ 3
Avg volume (30D)
QTAP 1.85K sh
XDQQ 15.9K sh, better
NAV per share
QTAP $52.47
XDQQ $38.40
52W range

ETF.net Grade

QTAP: Cost 46, Risk 82, Mission not scored, Tradability 53, Holdings not scored, Durability 71. XDQQ: Cost 46, Risk 16, Mission not scored, Tradability 69, Holdings not scored, Durability 83.
Pillar letters and Scores for QTAP, XDQQ, with each pillar’s weight
PillarQTAPXDQQ
Cost30% weightC46C46
Mission25% weightNot scoredNot scored
Risk15% weightA82HigherF16
Tradability15% weightC53B69Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA71A83Higher

Rank among Nasdaq-100 Accelerated funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. QTAP and XDQQ are both graded against the same 8 Nasdaq-100 Accelerated funds, so their Grades compare head to head.

Nasdaq-100 Accelerated⁠

Category · 8 funds
See all 8 ›

QTAP ranks 2nd and XDQQ 6th of 8 funds in the Nasdaq-100 Accelerated Category.

  1. Rank 1BQBQVAllianzIM Growth-100 Buffer5 ETFScore 69
  2. Rank 2BQTAPInnovator Growth Accelerated Plus ETFScore 58
  3. Rank 3CQTJAInnovator Growth Accelerated Plus ETFScore 51
  4. Rank 5CQTJLInnovator Growth Accelerated Plus ETFScore 49
  5. Rank 6CXDQQInnovator Growth Accelerated ETF - QuarterlyScore 47
  6. Rank 7CQAUCorgi Growth & Technology 10% Structured Buffer ETF - August SeriesScore 40

Our read on each fund

ETF.net Research

QTAPBInnovator Growth Accelerated Plus ETF

XDQQCInnovator Growth Accelerated ETF - Quarterly

In short

QTAP Triple 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.

XDQQ Two 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

QTAP 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.

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

Why people hold it

  • QTAP 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
  • XDQQ 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

  • QTAP 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.
  • XDQQ 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

Full QTAP profile⁠

Full XDQQ profile⁠

QTAP vs XDQQ 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.

QTAP vs XDQQ Cost

Same expense ratio

$15,174

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

  • QTAP 0.79%

    $15,174

  • XDQQ 0.79%

    $15,174

$10,000
30 years

Cost over time

  • QTAP 0.79%
  • XDQQ 0.79%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530QTAP $15,174XDQQ $15,174

Year by year

YearQTAPXDQQ
10$1,405$1,405
20$5,331$5,331
30$15,174$15,174

Expense ratio

  • 0.79%QTAP
  • 0.79%XDQQ
  • Middle half of Nasdaq-100 Accelerated funds
  • Median 0.79%

QTAP 3rd cheapest of 8 funds

XDQQ 3rd cheapest of 8 funds

QTAP vs XDQQ Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
QTAP None
XDQQ None

Distribution history

QTAPAll QTAP payments⁠

No distribution history available.

XDQQAll XDQQ payments⁠

No distribution history available.

QTAP vs XDQQ Risk

Fall from peak · 5 years

  • QTAP
  • XDQQ
Oct 29, 2021 to Oct 30, 2026. Worst fall: XDQQ −35.6% · Dec 2022. Use the arrow keys to read each point.−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
QTAP 8.7%, betterXDQQ 14.1%
Return per unit of riskSharpe ratio, 3 years
QTAP 1.72, betterXDQQ 0.89
Worst fallMax drawdown, 5 years
QTAP −29.4%, betterXDQQ −35.6%
Market sensitivityBeta, 5 years
QTAP 0.55XDQQ 0.98

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