Innovator Growth Accelerated Plus ETF - April (QTAP)
QTAP is an actively managed ETF by Innovator. QTAP launched on Apr 1, 2021 and has a 0.79% expense ratio.
ETF Info
| Issuer | Innovator |
|---|---|
| Inception Date | Apr 1, 2021 |
| Region | North America (U.S.) |
| Category | Actively Managed, Leveraged, Leveraged Equities |
| Leveraged | 3x |
| Index Tracked | No Index (Active) |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Expense Ratio
The Innovator Growth Accelerated Plus ETF - April has a high expense ratio of 0.79%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: QTAP vs. XLK, QTAP vs. QQQ, QTAP vs. QYLG
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.
Returns By Period
Innovator Growth Accelerated Plus ETF - April had a return of -1.52% year-to-date (YTD) and 18.85% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -1.52% | 5.84% |
| 1 month | -3.36% | -2.98% |
| 6 months | 7.77% | 22.02% |
| 1 year | 18.85% | 24.47% |
| 5 years (annualized) | N/A | 11.44% |
| 10 years (annualized) | N/A | 10.46% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.81% | 0.77% | 0.40% | |||||||||
| 2023 | -1.55% | -0.48% | 6.12% | 1.37% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Innovator Growth Accelerated Plus ETF - April(QTAP)
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.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 3.86%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -29.44% | Apr 5, 2022 | 185 | Dec 28, 2022 | 219 | Nov 10, 2023 | 404 |
| -12.77% | Jan 4, 2022 | 48 | Mar 14, 2022 | 6 | Mar 22, 2022 | 54 |
| -6.08% | Apr 12, 2024 | 6 | Apr 19, 2024 | — | — | — |
| -5.66% | Apr 27, 2021 | 12 | May 12, 2021 | 18 | Jun 8, 2021 | 30 |
| -3.69% | Sep 8, 2021 | 19 | Oct 4, 2021 | 10 | Oct 18, 2021 | 29 |
Volatility
Volatility Chart
The current Innovator Growth Accelerated Plus ETF - April volatility is 4.26%, 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.