Innovator Growth Accelerated Plus ETF - April (QTAP) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with QTAP. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QTAP
QTAP charges 0.79% annually. There are 82 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 44.22M | Mar 2026 | QTAP vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 49.31M | Sep 2021 | QTAP vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 257.66M | May 2014 | QTAP vs SPUU | |
| Leverage Shares 2X Long TSM Daily ETF | 0.75% | 32.98M | Jan 2025 | QTAP vs TSMG | |
| Leverage Shares 2X Long AMD Daily ETF | 0.75% | 41.64M | Jan 2025 | QTAP vs AMDG |
Best Risk-Adjusted Alternatives to QTAP
QTAP has a PortfoliosLab risk / return rank of 97. There are 3 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 98 | 6.16B | Oct 2024 | QTAP vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 923.53M | Nov 2024 | QTAP vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.82M | Apr 2021 | QTAP vs XTAP | |
| GraniteShares 2x Long INTC Daily ETF | 96 | 509.42M | Feb 2025 | QTAP vs INTW | |
| Direxion Daily S&P Biotech Bull 3x Shares | 95 | 754.13M | May 2015 | QTAP vs LABU |
Top Performing QTAP Alternatives (YTD)
QTAP is at 14.38% YTD. There are 127 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 668.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 668.23% | 162.40M | Feb 2025 | QTAP vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 523.19% | 6.16B | Oct 2024 | QTAP vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 504.58% | 923.53M | Nov 2024 | QTAP vs MULL | |
| Direxion Daily INTC Bull 2X Shares | 391.36% | 101.49M | Nov 2025 | QTAP vs LINT | |
| GraniteShares 2x Long INTC Daily ETF | 391.12% | 509.42M | Feb 2025 | QTAP vs INTW |
Lowest Volatility Alternatives to QTAP
QTAP has 6.21% 1-year volatility. There is 1 ETF in the Leveraged Equities category with lower 1-year volatility, going as low as 4.76%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.76% | 22.82M | Apr 2021 | QTAP vs XTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.39% | 13.45M | Jul 2021 | QTAP vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 10.51% | 20.95M | Jul 2021 | QTAP vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.54% | 69.49M | Apr 2021 | QTAP vs XDSQ | |
| Innovator Growth Accelerated ETF - Quarterly | 14.29% | 56.48M | Apr 2021 | QTAP vs XDQQ |
Lowest Drawdown Alternatives to QTAP
QTAP has a 1-year max drawdown of -2.49%. There is 1 ETF in the Leveraged Equities category with a shallower 1-year drawdown, going as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.82M | Apr 2021 | QTAP vs XTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.45M | Jul 2021 | QTAP vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 20.95M | Jul 2021 | QTAP vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.49M | Apr 2021 | QTAP vs XDSQ | |
| ETRACS 2x Leveraged U.S. Dividend Factor TR ETN | -10.19% | 8.22M | Feb 2021 | QTAP vs SCDL |
Other ETFs from Innovator
The 10 most viewed Innovator ETFs shown here include BALT, FFTY, BUFF and span 5 categories. AUM among these funds goes as high as $3B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Innovator Defined Wealth Shield ETF | Defined Outcome | 96 | 2.73% | 2.68B | Jun 2021 | QTAP vs BALT | |
| Innovator IBD 50 ETF | Large Cap Growth Equities | 24 | 13.67% | 89.40M | Apr 2015 | QTAP vs FFTY | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 90 | 6.42% | 891.58M | Oct 2016 | QTAP vs BUFF | |
| Innovator Equity Managed Floor ETF | Options Trading | 58 | 5.64% | 2.12B | Nov 2022 | QTAP vs SFLR | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 55 | 20.42% | 221.95M | Jul 2018 | QTAP vs LOUP | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 84 | 6.08% | 1.47B | Jan 2019 | QTAP vs PJAN | |
| Innovator U.S. Equity Buffer ETF - April | Defined Outcome | 97 | 11.65% | 404.39M | Mar 2019 | QTAP vs BAPR | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 88 | 5.75% | 1.12B | Aug 2018 | QTAP vs PJUL | |
| Innovator Nasdaq-100 Managed Floor ETF | Nasdaq-100, Options Trading | 53 | 4.96% | 543.68M | Jan 2024 | QTAP vs QFLR | |
| Innovator U.S. Equity Power Buffer ETF October | Defined Outcome | 81 | 6.35% | 967.98M | Sep 2018 | QTAP vs POCT |
Often Compared With QTAP
Investors most often compare QTAP with QQQ, QYLG, QLD. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare QTAP with Any Fund or Stock
Compare QTAP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QTAP with funds that move differently
Innovator Growth Accelerated Plus ETF - April alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QTAP.
Explore QTAP Diversifiers