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Innovator U.S. Equity Accelerated Plus ETF (XTAP) Sharpe Ratio: 1.14

XTAP's Sharpe Ratio of 1.14 indicates that for each unit of volatility, it generates 1.14 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 1, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

XTAP Sharpe Ratio Rank

XTAP Sharpe Ratio Rank: 65.165
Above Average

XTAP ranks above 65.1% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Above-average risk-adjusted returns with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio efficiency

XTAP Sharpe Ratio Market Positioning

The chart shows XTAP's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.46 or lower
  • Yellow zone (middle 50%): 0.46 to 1.40
  • Green zone (top 25%): 1.40 or higher
  • Top 1%: 5.72+
  • Median: 0.94 — half of all investments score higher

How it compares to other similar ETFs

The table compares Innovator U.S. Equity Accelerated Plus ETF's Sharpe Ratio with other ETFs in the Actively Managed, Leveraged, Leveraged Equities category across multiple time periods, showing how XTAP's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Apr 1, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
KORUDirexion Daily South Korea Bull 3X Shares6.21
MUUDirexion Daily MU Bull 2X Shares6.16
MULLGraniteShares 2x Long MU Daily ETF5.72
TYLDCambria Tactical Yield ETF3.11
GGLLDirexion Daily GOOGL Bull 2X Shares3.08
TSMGLeverage Shares 2X Long TSM Daily ETF2.98
TSMXDirexion Daily TSM Bull 2X Shares2.95
GOOXT-Rex 2X Long Alphabet Daily Target ETF2.93
TSMUGraniteShares 2x Long TSM Daily ETF2.78
FYLDCambria Foreign Shareholder Yield ETF2.76
XTAPInnovator U.S. Equity Accelerated Plus ETF1.14

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows XTAP's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when XTAP consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Explore XTAP risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

XTAP Sortino Ratio