COHX vs. QTAP
COHX (Tradr 2X Long COHR Daily ETF) and QTAP (Innovator Growth Accelerated Plus ETF - April) are both Leveraged Equities funds. COHX is passively managed, while QTAP is actively managed. At a 0.45 correlation, their price movements are largely independent. COHX charges 1.49%/yr vs 0.79%/yr for QTAP.
Performance
COHX vs. QTAP - Performance Comparison
Loading charts...
Returns By Period
COHX
- 1D
- -1.81%
- 1M
- -34.20%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QTAP
- 1D
- 0.24%
- 1M
- 0.85%
- 6M
- 14.07%
- YTD
- 14.55%
- 1Y
- 21.57%
- 3Y*
- 19.87%
- 5Y*
- 12.65%
- 10Y*
- —
COHX vs. QTAP - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
COHX Tradr 2X Long COHR Daily ETF | 53.04% |
QTAP Innovator Growth Accelerated Plus ETF - April | 13.47% |
Correlation
The correlation between COHX and QTAP is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Feb 19, 2026 | 0.45 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
COHX vs. QTAP — Risk / Return Rank
COHX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QTAP
COHX vs. QTAP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long COHR Daily ETF (COHX) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| COHX | QTAP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.87 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 8.66 | — |
| Martin ratioReturn relative to average drawdown | — | 44.80 | — |
Loading charts...
Drawdowns
COHX vs. QTAP - Drawdown Comparison
The maximum COHX drawdown since its inception was -51.92%, which is greater than QTAP's maximum drawdown of -29.44%. Use the drawdown chart below to compare losses from any high point for COHX and QTAP.
Loading charts...
Drawdown Indicators
| COHX | QTAP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.92% | -29.44% | -22.48% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.49% | — |
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 | -48.75% | -0.20% | -48.55% |
Average DrawdownAverage peak-to-trough decline | -19.69% | -4.96% | -14.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.48% | — |
Volatility
COHX vs. QTAP - Volatility Comparison
Loading charts...
Volatility by Period
| COHX | QTAP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.90% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 5.16% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 183.56% | 6.17% | +177.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 183.56% | 18.92% | +164.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 183.56% | 18.64% | +164.92% |
COHX vs. QTAP - Expense Ratio Comparison
COHX has a 1.49% expense ratio, which is higher than QTAP's 0.79% expense ratio.
Dividends
COHX vs. QTAP - Dividend Comparison
Neither COHX nor QTAP has paid dividends to shareholders.
Frequently Asked Questions
COHX and QTAP have a correlation of 0.45, 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 1.49% for COHX.
COHX and QTAP have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Tradr and Innovator. Their fees differ too: 1.49% for COHX and 0.79% for QTAP.
Find the right allocation for COHX and QTAP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer