- Issuer
- Innovator
- Inception Date
- Apr 1, 2021
- Region
- North America (U.S.)
- Category
- Leveraged Equities
- Leveraged
- 3x
- Index Tracked
- No Index (Active)
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Assets Under Management
- $19M
Share Price Chart
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Performance
QTAP Performance Chart
Innovator Growth Accelerated Plus ETF - April (QTAP) is up 14.1% since the beginning of the year. QTAP is currently trading at $51 per share. Investors who bought $1,000 worth of QTAP shares 5 years ago would now be looking at an investment worth $1,840.
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Returns By Period
Innovator Growth Accelerated Plus ETF - April (QTAP) has returned 14.12% so far this year and 24.69% over the past 12 months.
Innovator Growth Accelerated Plus ETF - April
- 1D
- -0.11%
- 1M
- 0.23%
- YTD
- 14.12%
- 6M
- 14.21%
- 1Y
- 24.69%
- 3Y*
- 20.23%
- 5Y*
- 12.97%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
QTAP Monthly Returns History
Based on dividend-adjusted daily data since Apr 1, 2021, QTAP's average daily return is +0.06%, while the average monthly return is +1.19%. At this rate, an investment would double in approximately 4.9 years.
Historically, 73% of months were positive and 27% were negative. The best month was Jul 2022 with a return of +14.0%, while the worst month was Apr 2022 at -12.9%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 3 months.
On a daily basis, QTAP closed higher 58% of trading days. The best single day was Apr 9, 2025 with a return of +11.0%, while the worst single day was Apr 4, 2025 at -6.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.72% | 0.44% | 0.09% | 9.67% | 3.36% | -0.57% | 14.12% | ||||||
| 2025 | 1.75% | 0.18% | -0.97% | 0.54% | 6.55% | 3.55% | 1.38% | 1.01% | 1.59% | 0.91% | 0.50% | 1.01% | 19.36% |
| 2024 | 0.81% | 0.77% | 0.40% | -3.25% | 6.05% | 4.24% | -0.78% | 1.68% | 1.91% | -0.03% | 4.16% | 0.46% | 17.34% |
| 2023 | 10.56% | 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% | -1.63% | 5.84% | -12.89% | -1.47% | -10.06% | 13.97% | -5.49% | -11.68% | 3.96% | 5.36% | -9.49% | -25.87% |
| 2021 | 3.43% | 0.22% | 4.05% | 1.71% | 2.46% | -2.98% | 4.53% | -0.01% | 1.72% | 15.95% |
Benchmark Metrics
Innovator Growth Accelerated Plus ETF - April has an annualized alpha of 1.34%, beta of 0.99, and R2 of 0.79 versus S&P 500 Index. Calculated based on daily prices since April 01, 2021.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (84.35%) than losses (76.86%) - typical of diversified or defensive assets.
- With beta of 0.99 and R2 of 0.79, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.34%
- Beta
- 0.99
- R²
- 0.79
- Upside Capture
- 84.35%
- Downside Capture
- 76.86%
Expense Ratio
QTAP has an expense ratio of 0.79%, placing it in the medium range.
Return for Risk
Risk / Return Rank
QTAP ranks 97 for risk / return — in the top 97% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Innovator Growth Accelerated Plus ETF - April (QTAP) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| QTAP | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.10 | ||
| Sortino ratioReturn per unit of downside risk | +4.21 | ||
| Omega ratioGain probability vs. loss probability | 2.08 | 1.37 | +0.71 |
| Calmar ratioReturn relative to maximum drawdown | 9.96 | 2.78 | +7.17 |
| Martin ratioReturn relative to average drawdown | 60.17 | 12.44 | +47.74 |
Dividends
Dividend History
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 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 0.57%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -29.44%Dec 2022 | 8mo 27d | 10mo 17d | 1y 7moApr 2022 - Nov 2023 |
2025 selloff2025 | -13.03%Apr 2025 | 13d | 1mo 1d | 1mo 14dMar 2025 - May 2025 |
Bear market2022 | -12.77%Mar 2022 | 2mo 9d | 8d | 2mo 17dJan 2022 - Mar 2022 |
2024 pullback2024 | -9.29%Aug 2024 | 25d | 1mo 20d | 2mo 15dJul 2024 - Sep 2024 |
2025 selloff2025 | -6.14%Mar 2025 | 21d | 11d | 1mo 2dFeb 2025 - Mar 2025 |
Drawdown Indicators
| QTAP | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.44% | -56.78% | +27.34% |
Max Drawdown (1Y)Largest decline over 1 year | -2.49% | -9.10% | +6.61% |
Max Drawdown (3Y)Largest decline over 3 years | -13.03% | -18.90% | +5.87% |
Max Drawdown (5Y)Largest decline over 5 years | -29.44% | -25.43% | -4.01% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.57% | -1.80% | +1.23% |
Average DrawdownAverage peak-to-trough decline | -5.00% | -10.71% | +5.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.41% | 2.03% | -1.62% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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