QTAP vs. LINT

Last updated Jun 24, 2026

QTAP (Innovator Growth Accelerated Plus ETF - April) and LINT (Direxion Daily INTC Bull 2X Shares) are both Leveraged Equities funds. Both are actively managed. At a 0.42 correlation, their price movements are largely independent. QTAP charges 0.79%/yr vs 0.97%/yr for LINT.

Performance

QTAP vs. LINT - Performance Comparison

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

Returns By Period

In the year-to-date period, QTAP achieves a 12.83% return, which is significantly lower than LINT's 744.89% return.

QTAP

• 1D: -1.14%
• 1M: -0.91%
• YTD: 12.83%
• 6M: 13.01%
• 1Y: 22.41%
• 3Y*: 19.78%
• 5Y*: 12.65%
• 10Y*: —

LINT

• 1D: -12.86%
• 1M: 11.99%
• YTD: 744.89%
• 6M: 773.46%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QTAP vs. LINT - Yearly Performance Comparison

	2026 (YTD)	2025
QTAP Innovator Growth Accelerated Plus ETF - April	12.83%	2.50%
LINT Direxion Daily INTC Bull 2X Shares	744.89%	5.81%

Correlation

The correlation between QTAP and LINT is 0.42, 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 Nov 19, 2025	0.42

QTAP vs. LINT - Sectors Allocation Comparison

Sectors	QTAP	LINT
Technology	50.7%	100.0%
Communication Services	15.8%	-
Consumer Cyclical	12.5%	-
Consumer Defensive	8.7%	-
Healthcare	5.1%	-
Industrials	3.3%	-
Utilities	1.6%	-
Basic Materials	1.3%	-
Energy	0.7%	-
Financial Services	0.2%	-
Real Estate	0.1%	-

Return for Risk

QTAP vs. LINT — Risk / Return Rank

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

QTAP

QTAP Risk / Return Rank: 97
QTAP Sharpe Ratio Rank: 96
QTAP Sortino Ratio Rank: 97
QTAP Omega Ratio Rank: 97
QTAP Calmar Ratio Rank: 96
QTAP Martin Ratio Rank: 98

LINT

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

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.

QTAP vs. LINT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Growth Accelerated Plus ETF - April (QTAP) and Direxion Daily INTC Bull 2X Shares (LINT). 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.

	QTAP	LINT	Difference
Sharpe ratio: Return per unit of total volatility	3.70	—	—
Sortino ratio: Return per unit of downside risk	6.02	—	—
Omega ratio: Gain probability vs. loss probability	1.94	—	—
Calmar ratio: Return relative to maximum drawdown	9.04	—	—
Martin ratio: Return relative to average drawdown	52.85	—	—

Drawdowns

QTAP vs. LINT - Drawdown Comparison

The maximum QTAP drawdown since its inception was -29.44%, smaller than the maximum LINT drawdown of -49.54%. Use the drawdown chart below to compare losses from any high point for QTAP and LINT.

Drawdown Indicators

	QTAP	LINT	Difference
Max Drawdown Largest peak-to-trough decline	-29.44%	-49.54%	+20.10%
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 Drawdown Current decline from peak	-1.70%	-12.86%	+11.16%
Average Drawdown Average peak-to-trough decline	-4.99%	-20.48%	+15.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.43%	—	—

Volatility

Volatility by Period

	QTAP	LINT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.03%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.94%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	6.12%	168.83%	-162.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.92%	168.83%	-149.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.72%	168.83%	-150.11%

QTAP vs. LINT - Expense Ratio Comparison

QTAP has a 0.79% expense ratio, which is lower than LINT's 0.97% expense ratio.

Dividends

QTAP vs. LINT - Dividend Comparison

QTAP has not paid dividends to shareholders, while LINT's dividend yield for the trailing twelve months is around 0.10%.

Position	TTM	2025
LINT Direxion Daily INTC Bull 2X Shares	0.10%	0.25%
QTAP Innovator Growth Accelerated Plus ETF - April	0.00%	0.00%

Frequently Asked Questions

Can I hold both QTAP and LINT in my portfolio?

QTAP and LINT have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QTAP or LINT?

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.

Which ETF is cheaper, QTAP or LINT?

QTAP is cheaper with a 0.79% expense ratio, compared with 0.97% for LINT.

Which ETF pays a higher dividend yield, QTAP or LINT?

LINT has the higher dividend yield at 0.10%, compared with 0.00% for QTAP.

What is the main difference between QTAP and LINT?

They also come from different issuers: Innovator and Direxion. Their fees differ too: 0.79% for QTAP and 0.97% for LINT.