IFLR vs. XTAP

Last updated Jul 17, 2026

IFLR (Innovator International Developed Managed Floor ETF) and XTAP (Innovator U.S. Equity Accelerated Plus ETF) are both exchange-traded funds - IFLR is a Global Equities fund actively managed by Innovator, while XTAP is a Leveraged Equities fund actively managed by Innovator. Both are actively managed. A 0.68 correlation means they provide meaningful diversification when combined. IFLR charges 0.89%/yr vs 0.79%/yr for XTAP.

Performance

IFLR vs. XTAP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator International Developed Managed Floor ETF (IFLR) and Innovator U.S. Equity Accelerated Plus ETF (XTAP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IFLR achieves a 6.14% return, which is significantly lower than XTAP's 11.99% return.

IFLR

• 1D: -0.67%
• 1M: 0.02%
• 6M: 3.30%
• YTD: 6.14%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XTAP

• 1D: -0.25%
• 1M: 0.74%
• 6M: 11.66%
• YTD: 11.99%
• 1Y: 18.69%
• 3Y*: 16.74%
• 5Y*: 10.92%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IFLR vs. XTAP - Yearly Performance Comparison

	2026 (YTD)	2025
IFLR Innovator International Developed Managed Floor ETF	6.14%	3.03%
XTAP Innovator U.S. Equity Accelerated Plus ETF	11.99%	2.44%

Correlation

The correlation between IFLR and XTAP is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 20, 2025	0.68

IFLR vs. XTAP - Sectors Allocation Comparison

Sectors	IFLR	XTAP
Financial Services	22.2%	11.6%
Industrials	17.4%	8.3%
Technology	12.2%	35.7%
Healthcare	10.0%	8.5%
Consumer Cyclical	7.1%	10.2%
Consumer Defensive	6.5%	4.9%
Basic Materials	5.6%	1.8%
Utilities	3.6%	2.4%
Communication Services	3.4%	11.3%
Energy	3.3%	3.5%
Real Estate	1.6%	1.9%

Return for Risk

IFLR vs. XTAP — Risk / Return Rank

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

IFLR

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

XTAP

XTAP Risk / Return Rank: 98
XTAP Sharpe Ratio Rank: 98
XTAP Sortino Ratio Rank: 98
XTAP Omega Ratio Rank: 98
XTAP Calmar Ratio Rank: 98
XTAP Martin Ratio Rank: 98

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.

IFLR vs. XTAP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator International Developed Managed Floor ETF (IFLR) and Innovator U.S. Equity Accelerated Plus ETF (XTAP). 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.

	IFLR	XTAP	Difference
Sharpe ratio: Return per unit of total volatility	—	3.93	—
Sortino ratio: Return per unit of downside risk	—	6.53	—
Omega ratio: Gain probability vs. loss probability	—	2.00	—
Calmar ratio: Return relative to maximum drawdown	—	10.94	—
Martin ratio: Return relative to average drawdown	—	57.97	—

Drawdowns

IFLR vs. XTAP - Drawdown Comparison

The maximum IFLR drawdown since its inception was -9.58%, smaller than the maximum XTAP drawdown of -22.13%. Use the drawdown chart below to compare losses from any high point for IFLR and XTAP.

Drawdown Indicators

	IFLR	XTAP	Difference
Max Drawdown Largest peak-to-trough decline	-9.58%	-22.13%	+12.55%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.72%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-11.83%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.13%	—
Current Drawdown Current decline from peak	-1.52%	-0.25%	-1.27%
Average Drawdown Average peak-to-trough decline	-2.61%	-3.39%	+0.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.32%	—

Volatility

Volatility by Period

	IFLR	XTAP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.48%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.83%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.31%	4.77%	+8.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.31%	14.55%	-1.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.31%	14.28%	-0.97%

IFLR vs. XTAP - Expense Ratio Comparison

IFLR has a 0.89% expense ratio, which is higher than XTAP's 0.79% expense ratio.

Dividends

IFLR vs. XTAP - Dividend Comparison

IFLR's dividend yield for the trailing twelve months is around 0.95%, while XTAP has not paid dividends to shareholders.

Position	TTM
IFLR Innovator International Developed Managed Floor ETF	0.95%
XTAP Innovator U.S. Equity Accelerated Plus ETF	0.00%

Frequently Asked Questions

Can I hold both IFLR and XTAP in my portfolio?

IFLR and XTAP have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IFLR or XTAP?

On fees, XTAP is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IFLR or XTAP?

XTAP is cheaper with a 0.79% expense ratio, compared with 0.89% for IFLR.

Which ETF pays a higher dividend yield, IFLR or XTAP?

IFLR has the higher dividend yield at 0.95%, compared with 0.00% for XTAP.

What is the main difference between IFLR and XTAP?

IFLR is categorized as Global Equities, while XTAP is Leveraged Equities. Their fees differ too: 0.89% for IFLR and 0.79% for XTAP.