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Innovator U.S. Equity Accelerated Plus ETF (XTAP)
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

XTAP 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


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S&P 500

Returns By Period

Innovator U.S. Equity Accelerated Plus ETF (XTAP) returned 7.09% year-to-date (YTD) and 18.39% over the past 12 months.


XTAP

YTD

7.09%

1M

4.95%

6M

6.86%

1Y

18.39%

3Y*

11.31%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

0.51%

1M

6.15%

6M

-2.00%

1Y

12.92%

3Y*

12.68%

5Y*

14.19%

10Y*

10.85%

*Annualized

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20251.57%0.43%0.77%-0.73%4.95%7.09%
20240.92%0.82%0.44%-2.86%4.73%2.80%0.87%2.05%1.06%-0.10%3.11%-0.22%14.26%
20236.17%-2.33%3.59%1.46%1.26%4.82%1.46%-0.08%-2.33%-1.24%7.18%1.83%23.46%
2022-0.97%-0.35%2.81%-8.17%0.32%-9.81%10.69%-4.47%-10.76%8.90%5.54%-6.68%-14.68%
20212.86%0.90%1.69%1.20%1.53%-2.15%3.74%-0.78%2.42%11.87%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 86, XTAP is among the top 14% 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 XTAP is 8686
Overall Rank
The Sharpe Ratio Rank of XTAP is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of XTAP is 8282
Sortino Ratio Rank
The Omega Ratio Rank of XTAP is 8989
Omega Ratio Rank
The Calmar Ratio Rank of XTAP is 8888
Calmar Ratio Rank
The Martin Ratio Rank of XTAP is 9191
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 U.S. Equity Accelerated Plus ETF (XTAP) 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 U.S. Equity Accelerated Plus ETF Sharpe ratios as of May 31, 2025 (values are recalculated daily):

  • 1-Year: 1.15
  • All Time: 0.58

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 U.S. Equity Accelerated Plus ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History


Innovator U.S. Equity Accelerated Plus ETF 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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Innovator U.S. Equity Accelerated Plus ETF. 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 Plus ETF was 22.13%, occurring on Sep 30, 2022. Recovery took 282 trading sessions.

The current Innovator U.S. Equity Accelerated Plus ETF drawdown is 0.39%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-22.13%Apr 5, 2022124Sep 30, 2022282Nov 14, 2023406
-11.83%Apr 3, 20254Apr 8, 202523May 12, 202527
-6.4%Jul 17, 202414Aug 5, 202410Aug 19, 202424
-4.54%Jan 13, 202237Mar 8, 20227Mar 17, 202244
-4.52%Mar 28, 202416Apr 19, 202414May 9, 202430
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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