ADBU vs. QTAP
ADBU (Direxion Daily ADBE Bull 2X ETF) and QTAP (Innovator Growth Accelerated Plus ETF - April) are both Leveraged Equities funds. ADBU is passively managed, while QTAP is actively managed. At a 0.05 correlation, their price movements are largely independent. ADBU charges 0.97%/yr vs 0.79%/yr for QTAP.
Performance
ADBU vs. QTAP - Performance Comparison
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Returns By Period
ADBU
- 1D
- -4.40%
- 1M
- -0.73%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QTAP
- 1D
- -0.10%
- 1M
- 2.89%
- YTD
- 14.67%
- 6M
- 15.56%
- 1Y
- 25.59%
- 3Y*
- 21.18%
- 5Y*
- 13.78%
- 10Y*
- —
ADBU vs. QTAP - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ADBU Direxion Daily ADBE Bull 2X ETF | 9.96% |
QTAP Innovator Growth Accelerated Plus ETF - April | 12.73% |
Correlation
The correlation between ADBU and QTAP is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 26, 2026 | 0.05 |
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Return for Risk
ADBU vs. QTAP — Risk / Return Rank
ADBU
QTAP
ADBU vs. QTAP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily ADBE Bull 2X ETF (ADBU) and Innovator Growth Accelerated Plus ETF - April (QTAP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| ADBU | QTAP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 4.62 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.73 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.75 | -0.03 |
Drawdowns
ADBU vs. QTAP - Drawdown Comparison
The maximum ADBU drawdown since its inception was -16.09%, smaller than the maximum QTAP drawdown of -29.44%. Use the drawdown chart below to compare losses from any high point for ADBU and QTAP.
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Drawdown Indicators
| ADBU | QTAP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.09% | -29.44% | +13.35% |
Max Drawdown (1Y)Largest decline over 1 year | — | -1.69% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.03% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.44% | — |
Current DrawdownCurrent decline from peak | -12.99% | -0.10% | -12.89% |
Average DrawdownAverage peak-to-trough decline | -6.33% | -5.04% | -1.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.32% | — |
Volatility
ADBU vs. QTAP - Volatility Comparison
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Volatility by Period
| ADBU | QTAP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.33% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.97% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 90.05% | 5.56% | +84.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 90.05% | 18.89% | +71.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 90.05% | 18.77% | +71.28% |
ADBU vs. QTAP - Expense Ratio Comparison
ADBU has a 0.97% expense ratio, which is higher than QTAP's 0.79% expense ratio.
Dividends
ADBU vs. QTAP - Dividend Comparison
Neither ADBU nor QTAP has paid dividends to shareholders.
Frequently Asked Questions
ADBU and QTAP have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QTAP is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QTAP is cheaper with a 0.79% expense ratio, compared with 0.97% for ADBU.
ADBU and QTAP have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Direxion and Innovator. Their fees differ too: 0.97% for ADBU and 0.79% for QTAP.
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