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XDAP vs. QTAP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between XDAP and QTAP is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

XDAP vs. QTAP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator U.S. Equity Accelerated ETF - April (XDAP) and Innovator Growth Accelerated Plus ETF - April (QTAP). The values are adjusted to include any dividend payments, if applicable.

25.00%30.00%35.00%40.00%45.00%JulyAugustSeptemberOctoberNovemberDecember
38.16%
43.72%
XDAP
QTAP

Key characteristics

Sharpe Ratio

XDAP:

1.87

QTAP:

1.53

Sortino Ratio

XDAP:

2.52

QTAP:

2.08

Omega Ratio

XDAP:

1.41

QTAP:

1.34

Calmar Ratio

XDAP:

2.32

QTAP:

1.87

Martin Ratio

XDAP:

11.85

QTAP:

8.67

Ulcer Index

XDAP:

1.36%

QTAP:

2.01%

Daily Std Dev

XDAP:

8.65%

QTAP:

11.33%

Max Drawdown

XDAP:

-22.39%

QTAP:

-29.44%

Current Drawdown

XDAP:

-0.99%

QTAP:

-1.18%

Returns By Period

In the year-to-date period, XDAP achieves a 15.22% return, which is significantly lower than QTAP's 16.99% return.


XDAP

YTD

15.22%

1M

0.21%

6M

7.38%

1Y

15.67%

5Y*

N/A

10Y*

N/A

QTAP

YTD

16.99%

1M

1.45%

6M

7.51%

1Y

17.24%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


XDAP vs. QTAP - Expense Ratio Comparison

Both XDAP and QTAP have an expense ratio of 0.79%.


XDAP
Innovator U.S. Equity Accelerated ETF - April
Expense ratio chart for XDAP: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%
Expense ratio chart for QTAP: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%

Risk-Adjusted Performance

XDAP vs. QTAP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Accelerated ETF - April (XDAP) 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.


Sharpe ratio
The chart of Sharpe ratio for XDAP, currently valued at 1.87, compared to the broader market0.002.004.001.871.53
The chart of Sortino ratio for XDAP, currently valued at 2.52, compared to the broader market-2.000.002.004.006.008.0010.002.522.08
The chart of Omega ratio for XDAP, currently valued at 1.41, compared to the broader market0.501.001.502.002.503.001.411.34
The chart of Calmar ratio for XDAP, currently valued at 2.32, compared to the broader market0.005.0010.0015.002.321.87
The chart of Martin ratio for XDAP, currently valued at 11.85, compared to the broader market0.0020.0040.0060.0080.00100.0011.858.67
XDAP
QTAP

The current XDAP Sharpe Ratio is 1.87, which is comparable to the QTAP Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of XDAP and QTAP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.87
1.53
XDAP
QTAP

Dividends

XDAP vs. QTAP - Dividend Comparison

Neither XDAP nor QTAP has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

XDAP vs. QTAP - Drawdown Comparison

The maximum XDAP drawdown since its inception was -22.39%, smaller than the maximum QTAP drawdown of -29.44%. Use the drawdown chart below to compare losses from any high point for XDAP and QTAP. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.99%
-1.18%
XDAP
QTAP

Volatility

XDAP vs. QTAP - Volatility Comparison

Innovator U.S. Equity Accelerated ETF - April (XDAP) and Innovator Growth Accelerated Plus ETF - April (QTAP) have volatilities of 1.74% and 1.81%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
1.74%
1.81%
XDAP
QTAP
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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