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ASTX vs. QTAP
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

ASTX vs. QTAP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long ASTS Daily ETF (ASTX) and Innovator Growth Accelerated Plus ETF - April (QTAP). The values are adjusted to include any dividend payments, if applicable.

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ASTX vs. QTAP - Yearly Performance Comparison


Returns By Period

In the year-to-date period, ASTX achieves a -11.05% return, which is significantly lower than QTAP's 3.02% return.


ASTX

1D
24.23%
1M
-3.04%
YTD
-11.05%
6M
35.87%
1Y
3Y*
5Y*
10Y*

QTAP

1D
1.74%
1M
1.79%
YTD
3.02%
6M
5.43%
1Y
21.08%
3Y*
19.58%
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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ASTX vs. QTAP - Expense Ratio Comparison

ASTX has a 1.30% expense ratio, which is higher than QTAP's 0.79% expense ratio.


Return for Risk

ASTX vs. QTAP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ASTX

QTAP
QTAP Risk / Return Rank: 8080
Overall Rank
QTAP Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
QTAP Sortino Ratio Rank: 7777
Sortino Ratio Rank
QTAP Omega Ratio Rank: 9696
Omega Ratio Rank
QTAP Calmar Ratio Rank: 6666
Calmar Ratio Rank
QTAP Martin Ratio Rank: 9191
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ASTX vs. QTAP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long ASTS Daily ETF (ASTX) 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.

ASTX vs. QTAP - Sharpe Ratio Comparison


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Sharpe Ratios by Period


ASTXQTAPDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.29

Sharpe Ratio (All Time)

Calculated using the full available price history

0.25

0.64

-0.39

Correlation

The correlation between ASTX and QTAP is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

ASTX vs. QTAP - Dividend Comparison

Neither ASTX nor QTAP has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

ASTX vs. QTAP - Drawdown Comparison

The maximum ASTX drawdown since its inception was -74.83%, which is greater than QTAP's maximum drawdown of -29.44%. Use the drawdown chart below to compare losses from any high point for ASTX and QTAP.


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Drawdown Indicators


ASTXQTAPDifference

Max Drawdown

Largest peak-to-trough decline

-74.83%

-29.44%

-45.39%

Max Drawdown (1Y)

Largest decline over 1 year

-12.04%

Current Drawdown

Current decline from peak

-64.01%

0.00%

-64.01%

Average Drawdown

Average peak-to-trough decline

-40.01%

-5.21%

-34.80%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.68%

Volatility

ASTX vs. QTAP - Volatility Comparison


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Volatility by Period


ASTXQTAPDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.88%

Volatility (6M)

Calculated over the trailing 6-month period

3.23%

Volatility (1Y)

Calculated over the trailing 1-year period

208.22%

16.38%

+191.84%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

208.22%

19.03%

+189.19%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

208.22%

19.03%

+189.19%