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Innovator Gradient Tactical Rotation Strategy ETF ...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US45783Y6656
Issuer
Innovator
Inception Date
Nov 16, 2022
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Innovator Gradient Tactical Rotation Strategy ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Innovator Gradient Tactical Rotation Strategy ETF (IGTR) has returned 1.03% so far this year and 16.91% over the past 12 months.


Innovator Gradient Tactical Rotation Strategy ETF

1D
3.19%
1M
-8.34%
YTD
1.03%
6M
8.15%
1Y
16.91%
3Y*
9.97%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Nov 17, 2022, IGTR's average daily return is +0.03%, while the average monthly return is +0.49%. At this rate, your investment would double in approximately 11.8 years.

Historically, 54% of months were positive and 46% were negative. The best month was Nov 2023 with a return of +8.3%, while the worst month was Mar 2026 at -8.3%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 5 months.

On a daily basis, IGTR closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +4.1%, while the worst single day was Apr 4, 2025 at -5.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.17%6.84%-8.34%1.03%
20252.77%-1.35%-1.76%-2.19%1.00%2.15%-0.92%3.06%4.91%4.89%-1.78%3.90%15.25%
20241.69%7.21%6.23%-5.01%3.41%0.07%2.22%1.84%-1.08%-7.55%-2.16%-1.90%4.02%
2023-0.24%-8.20%-0.85%-4.15%0.09%6.58%2.95%-1.43%-4.89%-1.74%8.32%4.52%-0.31%
20220.06%-2.14%-2.08%

Benchmark Metrics

Innovator Gradient Tactical Rotation Strategy ETF has an annualized alpha of -6.50%, beta of 0.81, and R² of 0.56 versus S&P 500 Index. Calculated based on daily prices since November 18, 2022.

  • This ETF participated in 95.05% of S&P 500 Index downside but only 55.31% of its upside — more exposed to losses than it benefited from rallies.
  • This ETF had an annualized alpha of -6.50% versus S&P 500 Index — delivering less than market exposure alone would predict.

Alpha
-6.50%
Beta
0.81
0.56
Upside Capture
55.31%
Downside Capture
95.05%

Expense Ratio

IGTR has an expense ratio of 0.80%, placing it in the medium range.


Return for Risk

Risk / Return Rank

IGTR ranks 51 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


IGTR Risk / Return Rank: 5151
Overall Rank
IGTR Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
IGTR Sortino Ratio Rank: 4545
Sortino Ratio Rank
IGTR Omega Ratio Rank: 4242
Omega Ratio Rank
IGTR Calmar Ratio Rank: 6363
Calmar Ratio Rank
IGTR Martin Ratio Rank: 5656
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Innovator Gradient Tactical Rotation Strategy ETF (IGTR) and compare them to a chosen benchmark (S&P 500 Index).


IGTRBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.90

0.90

0.00

Sortino ratio

Return per unit of downside risk

1.30

1.39

-0.09

Omega ratio

Gain probability vs. loss probability

1.17

1.21

-0.04

Calmar ratio

Return relative to maximum drawdown

1.65

1.40

+0.25

Martin ratio

Return relative to average drawdown

5.66

6.61

-0.94

Explore IGTR risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Innovator Gradient Tactical Rotation Strategy ETF provided a 0.79% dividend yield over the last twelve months, with an annual payout of $0.22 per share.


0.50%1.00%1.50%2.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.602022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022
Dividend$0.22$0.22$0.59$0.21$0.07

Dividend yield

0.79%0.80%2.40%0.87%0.31%

Monthly Dividends

The table displays the monthly dividend distributions for Innovator Gradient Tactical Rotation Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.22$0.22
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.59$0.59
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.21$0.21
2022$0.07$0.07

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Innovator Gradient Tactical Rotation Strategy ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Innovator Gradient Tactical Rotation Strategy ETF was 20.06%, occurring on Apr 8, 2025. Recovery took 171 trading sessions.

The current Innovator Gradient Tactical Rotation Strategy ETF drawdown is 8.34%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-20.06%Sep 3, 2024150Apr 8, 2025171Dec 11, 2025321
-17.43%Dec 5, 202298Apr 26, 2023190Jan 29, 2024288
-11.26%Jul 17, 202414Aug 5, 202419Aug 30, 202433
-11.18%Mar 2, 202621Mar 30, 2026
-6.35%Mar 28, 202416Apr 19, 202452Jul 5, 202468

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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