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Innovator Growth Accelerated Plus ETF - April (QTA...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

Issuer

Innovator

Inception Date

Apr 1, 2021

Region

North America (U.S.)

Leveraged

3x

Index Tracked

No Index (Active)

Asset Class

Equity

Asset Class Size

Large-Cap

Expense Ratio

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


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart

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


20.00%25.00%30.00%35.00%40.00%45.00%50.00%55.00%December2025FebruaryMarchAprilMay
49.06%
40.90%
QTAP (Innovator Growth Accelerated Plus ETF - April)
Benchmark (^GSPC)

Returns By Period

Innovator Growth Accelerated Plus ETF - April (QTAP) returned 3.41% year-to-date (YTD) and 18.91% over the past 12 months.


QTAP

YTD

3.41%

1M

14.90%

6M

4.57%

1Y

18.91%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

-3.70%

1M

13.67%

6M

-5.18%

1Y

9.18%

5Y*

14.14%

10Y*

10.43%

*Annualized

Monthly Returns

The table below presents the monthly returns of QTAP, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20251.75%0.18%-0.97%0.54%1.89%3.41%
20240.81%0.77%0.40%-3.25%6.06%4.24%-0.78%1.68%1.91%-0.03%4.16%0.46%17.34%
202310.56%0.02%9.37%0.79%4.77%4.47%1.86%0.06%-1.55%-0.48%6.12%1.37%43.32%
2022-2.23%-1.62%5.84%-12.89%-1.46%-10.06%13.97%-5.49%-11.68%3.97%5.36%-9.50%-25.87%
20213.14%0.22%4.05%1.71%2.46%-2.98%4.53%-0.01%1.72%15.63%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 85, QTAP is among the top 15% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of QTAP is 8585
Overall Rank
The Sharpe Ratio Rank of QTAP is 8080
Sharpe Ratio Rank
The Sortino Ratio Rank of QTAP is 8181
Sortino Ratio Rank
The Omega Ratio Rank of QTAP is 8787
Omega Ratio Rank
The Calmar Ratio Rank of QTAP is 8989
Calmar Ratio Rank
The Martin Ratio Rank of QTAP is 8989
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Innovator Growth Accelerated Plus ETF - April (QTAP) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Innovator Growth Accelerated Plus ETF - April Sharpe ratios as of May 9, 2025 (values are recalculated daily):

  • 1-Year: 0.96
  • All Time: 0.49

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Innovator Growth Accelerated Plus ETF - April compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


Rolling 12-month Sharpe Ratio0.001.002.003.00December2025FebruaryMarchAprilMay
0.96
0.48
QTAP (Innovator Growth Accelerated Plus ETF - April)
Benchmark (^GSPC)

Dividends

Dividend History


Innovator Growth Accelerated Plus ETF - April doesn't pay dividends

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.


-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-0.07%
-7.82%
QTAP (Innovator Growth Accelerated Plus ETF - April)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Innovator Growth Accelerated Plus ETF - April. 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 Growth Accelerated Plus ETF - April was 29.44%, occurring on Dec 28, 2022. Recovery took 219 trading sessions.

The current Innovator Growth Accelerated Plus ETF - April drawdown is 0.07%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-29.44%Apr 5, 2022185Dec 28, 2022219Nov 10, 2023404
-13.02%Mar 26, 202510Apr 8, 2025
-12.77%Jan 4, 202248Mar 14, 20226Mar 22, 202254
-9.29%Jul 11, 202418Aug 5, 202435Sep 24, 202453
-6.14%Feb 20, 202516Mar 13, 20257Mar 24, 202523

Volatility

Volatility Chart

The current Innovator Growth Accelerated Plus ETF - April volatility is 12.49%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%5.00%10.00%15.00%December2025FebruaryMarchAprilMay
12.49%
11.21%
QTAP (Innovator Growth Accelerated Plus ETF - April)
Benchmark (^GSPC)