Innovator U.S. Equity Accelerated 9 Buffer ETF - April (XBAP)
The Innovator U.S. Equity Accelerated 9 Buffer ETF aims to double the returns of the SPDR S&P 500 ETF Trust (SPY), up to a certain cap, while limiting the downside exposure to single exposure over a one-year period. It offers a buffer against the first 9% of losses and can be reset annually. Full benefits are only realized if shares are held from the start to the end of the one-year outcome period, with no guarantee of achieving its objectives. Those buying shares mid-period face increased risks.
ETF Info
| Issuer | Innovator |
|---|---|
| Inception Date | Mar 31, 2021 |
| Region | North America (U.S.) |
| Category | Options Trading |
| Index Tracked | No Index (Active) |
| Home Page | www.innovatoretfs.com |
| Asset Class | Alternatives |
Expense Ratio
XBAP 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: XBAP vs. SPY, XBAP vs. SCHG
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Innovator U.S. Equity Accelerated 9 Buffer 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 U.S. Equity Accelerated 9 Buffer ETF - April had a return of 2.83% year-to-date (YTD) and 13.21% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.83% | 10.00% |
| 1 month | 2.28% | 2.41% |
| 6 months | 5.44% | 16.70% |
| 1 year | 13.21% | 26.85% |
| 5 years (annualized) | N/A | 12.81% |
| 10 years (annualized) | N/A | 10.84% |
Monthly Returns
The table below presents the monthly returns of XBAP, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.77% | 0.84% | 0.55% | -2.01% | 2.83% | ||||||||
| 2023 | 4.82% | -0.69% | 4.08% | 1.24% | 0.72% | 3.34% | 1.09% | 0.23% | -1.47% | -0.91% | 5.18% | 1.47% | 20.53% |
| 2022 | -0.59% | -0.38% | 1.96% | -5.83% | 0.38% | -6.31% | 7.12% | -2.85% | -6.90% | 6.13% | 4.03% | -3.41% | -7.59% |
| 2021 | 1.68% | 0.87% | 1.01% | 0.34% | 1.03% | -1.25% | 2.42% | -0.60% | 1.78% | 7.48% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of XBAP is 94, placing it in the top 6% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
XBAP (Innovator U.S. Equity Accelerated 9 Buffer ETF - April)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Innovator U.S. Equity Accelerated 9 Buffer ETF - April (XBAP) 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 U.S. Equity Accelerated 9 Buffer 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 U.S. Equity Accelerated 9 Buffer ETF - April was 14.57%, occurring on Oct 12, 2022. Recovery took 136 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.57% | Apr 5, 2022 | 132 | Oct 12, 2022 | 136 | Apr 28, 2023 | 268 |
| -4.22% | Sep 15, 2023 | 31 | Oct 27, 2023 | 8 | Nov 8, 2023 | 39 |
| -3.2% | Apr 2, 2024 | 14 | Apr 19, 2024 | 14 | May 9, 2024 | 28 |
| -2.54% | Jan 12, 2022 | 38 | Mar 8, 2022 | 8 | Mar 18, 2022 | 46 |
| -2.34% | May 10, 2021 | 3 | May 12, 2021 | 12 | May 28, 2021 | 15 |
Volatility
Volatility Chart
The current Innovator U.S. Equity Accelerated 9 Buffer ETF - April volatility is 2.11%, 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.