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Innovator Hedged Nasdaq-100 ETF (QHDG)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Issuer
Innovator
Inception Date
Aug 19, 2024
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Domicile
United States
Distribution Policy
Accumulating
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Growth

Share Price Chart


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Innovator Hedged Nasdaq-100 ETF

Performance

QHDG Performance Chart

Innovator Hedged Nasdaq-100 ETF (QHDG) is down 1.8% since the beginning of the year. QHDG is currently trading at $29 per share.


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S&P 500 Index

Returns By Period

Innovator Hedged Nasdaq-100 ETF (QHDG) has returned -1.77% so far this year and 18.22% over the past 12 months.


Innovator Hedged Nasdaq-100 ETF

1D
0.51%
1M
0.34%
YTD
-1.77%
6M
0.27%
1Y
18.22%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
1.02%
1M
3.83%
YTD
0.60%
6M
3.48%
1Y
28.39%
3Y*
18.51%
5Y*
10.79%
10Y*
12.71%
*Multi-year figures are annualized to reflect compound growth (CAGR)

QHDG Monthly Returns History

Based on dividend-adjusted daily data since Aug 20, 2024, QHDG's average daily return is +0.04%, while the average monthly return is +0.79%. At this rate, an investment would double in approximately 7.3 years.

Historically, 67% of months were positive and 33% were negative. The best month was May 2025 with a return of +4.8%, while the worst month was Mar 2025 at -5.0%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 2 months.

On a daily basis, QHDG closed higher 59% of trading days. The best single day was Apr 9, 2025 with a return of +7.5%, while the worst single day was Apr 4, 2025 at -4.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.06%-1.39%-4.77%3.50%-1.77%
20251.67%-1.60%-4.99%1.34%4.84%1.37%2.10%0.95%3.83%2.69%-0.16%-0.19%12.13%
2024-0.54%2.10%0.05%3.89%0.76%6.35%

Benchmark Metrics

Innovator Hedged Nasdaq-100 ETF has an annualized alpha of 0.41%, beta of 0.72, and R² of 0.87 versus S&P 500 Index. Calculated based on daily prices since August 21, 2024.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (65.89%) than losses (65.17%) — typical of diversified or defensive assets.

Alpha
0.41%
Beta
0.72
0.87
Upside Capture
65.89%
Downside Capture
65.17%

Expense Ratio

QHDG has an expense ratio of 0.79%, placing it in the medium range.


Return for Risk

Risk / Return Rank

QHDG ranks 40 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.


QHDG Risk / Return Rank: 4040
Overall Rank
QHDG Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
QHDG Sortino Ratio Rank: 3838
Sortino Ratio Rank
QHDG Omega Ratio Rank: 4545
Omega Ratio Rank
QHDG Calmar Ratio Rank: 3737
Calmar Ratio Rank
QHDG Martin Ratio Rank: 3939
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 Hedged Nasdaq-100 ETF (QHDG) and compare them to a chosen benchmark (S&P 500 Index).


QHDGBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.87

2.17

-0.30

Sortino ratio

Return per unit of downside risk

2.54

3.02

-0.48

Omega ratio

Gain probability vs. loss probability

1.36

1.41

-0.05

Calmar ratio

Return relative to maximum drawdown

2.34

2.88

-0.54

Martin ratio

Return relative to average drawdown

8.43

13.00

-4.57

Explore QHDG 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 Hedged Nasdaq-100 ETF provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.


0.00%0.01%0.01%0.02%0.02%$0.00$0.00$0.00$0.00$0.00$0.0120242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend$0.00$0.00$0.01

Dividend yield

0.00%0.00%0.02%

Monthly Dividends

The table displays the monthly dividend distributions for Innovator Hedged Nasdaq-100 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$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$0.00$0.00
2024$0.01$0.01

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 Hedged Nasdaq-100 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 Hedged Nasdaq-100 ETF was 15.29%, occurring on Apr 8, 2025. Recovery took 70 trading sessions.

The current Innovator Hedged Nasdaq-100 ETF drawdown is 3.74%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-15.29%Feb 20, 202534Apr 8, 202570Jul 21, 2025104
-7%Jan 29, 202643Mar 31, 2026
-4.38%Aug 22, 202411Sep 6, 20249Sep 19, 202420
-4.1%Oct 30, 202516Nov 20, 20258Dec 3, 202524
-3.57%Dec 11, 20255Dec 17, 20255Dec 24, 202510

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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