XDQQ vs. XDSQ

Last updated Jun 24, 2026

XDQQ (Innovator Growth Accelerated ETF - Quarterly) and XDSQ (Innovator US Equity Accelerated ETF) are both Leveraged Equities funds from Innovator. Both are actively managed. Over the past 5 years, XDQQ returned 7.88%/yr vs 9.68%/yr for XDSQ. Their correlation of 0.90 suggests significant overlap in exposure. Both charge a 0.79% expense ratio.

Performance

XDQQ vs. XDSQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Growth Accelerated ETF - Quarterly (XDQQ) and Innovator US Equity Accelerated ETF (XDSQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XDQQ achieves a 2.83% return, which is significantly lower than XDSQ's 3.05% return.

XDQQ

• 1D: -0.06%
• 1M: 0.56%
• YTD: 2.83%
• 6M: 1.08%
• 1Y: 16.74%
• 3Y*: 17.58%
• 5Y*: 7.88%
• 10Y*: —

XDSQ

• 1D: -0.03%
• 1M: 0.63%
• YTD: 3.05%
• 6M: 2.05%
• 1Y: 15.05%
• 3Y*: 14.47%
• 5Y*: 9.68%
• 10Y*: —

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

XDQQ vs. XDSQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
XDQQ Innovator Growth Accelerated ETF - Quarterly	2.83%	13.75%	31.47%	30.15%	-33.74%	18.52%
XDSQ Innovator US Equity Accelerated ETF	3.05%	14.22%	23.12%	23.00%	-16.78%	13.28%

Correlation

The correlation between XDQQ and XDSQ is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (All Time) Calculated using the full available price history since Apr 1, 2021	0.90

The correlation between XDQQ and XDSQ has been stable across timeframes, ranging from 0.88 to 0.90 - a consistent structural relationship.

XDQQ vs. XDSQ - Sectors Allocation Comparison

Sectors	XDQQ	XDSQ
Technology	50.7%	39.1%
Communication Services	15.8%	10.7%
Consumer Cyclical	12.5%	9.9%
Consumer Defensive	8.7%	4.5%
Healthcare	5.1%	8.3%
Industrials	3.3%	7.8%
Utilities	1.6%	2.1%
Basic Materials	1.3%	1.7%
Energy	0.7%	3.1%
Financial Services	0.2%	10.9%
Real Estate	0.1%	1.8%

Return for Risk

XDQQ vs. XDSQ — Risk / Return Rank

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

XDQQ

XDQQ Risk / Return Rank: 36
XDQQ Sharpe Ratio Rank: 36
XDQQ Sortino Ratio Rank: 33
XDQQ Omega Ratio Rank: 39
XDQQ Calmar Ratio Rank: 30
XDQQ Martin Ratio Rank: 42

XDSQ

XDSQ Risk / Return Rank: 43
XDSQ Sharpe Ratio Rank: 43
XDSQ Sortino Ratio Rank: 41
XDSQ Omega Ratio Rank: 51
XDSQ Calmar Ratio Rank: 34
XDSQ Martin Ratio Rank: 47

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.

XDQQ vs. XDSQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Growth Accelerated ETF - Quarterly (XDQQ) and Innovator US Equity Accelerated ETF (XDSQ). 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.

	XDQQ	XDSQ	Difference
Sharpe ratio: Return per unit of total volatility	1.22	1.44	-0.22
Sortino ratio: Return per unit of downside risk	1.67	1.99	-0.31
Omega ratio: Gain probability vs. loss probability	1.25	1.30	-0.05
Calmar ratio: Return relative to maximum drawdown	1.42	1.58	-0.16
Martin ratio: Return relative to average drawdown	6.45	7.51	-1.06

XDQQ vs. XDSQ - Sharpe Ratio Comparison

The current XDQQ Sharpe Ratio is 1.22, which is comparable to the XDSQ Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of XDQQ and XDSQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XDQQ vs. XDSQ - Drawdown Comparison

The maximum XDQQ drawdown since its inception was -35.63%, which is greater than XDSQ's maximum drawdown of -26.06%. Use the drawdown chart below to compare losses from any high point for XDQQ and XDSQ.

Drawdown Indicators

	XDQQ	XDSQ	Difference
Max Drawdown Largest peak-to-trough decline	-35.63%	-26.06%	-9.57%
Max Drawdown (1Y) Largest decline over 1 year	-11.84%	-9.60%	-2.24%
Max Drawdown (3Y) Largest decline over 3 years	-23.17%	-19.15%	-4.02%
Max Drawdown (5Y) Largest decline over 5 years	-35.63%	-26.06%	-9.57%
Current Drawdown Current decline from peak	-0.06%	-0.03%	-0.03%
Average Drawdown Average peak-to-trough decline	-10.72%	-4.91%	-5.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.60%	2.01%	+0.59%

Volatility

XDQQ vs. XDSQ - Volatility Comparison

Innovator Growth Accelerated ETF - Quarterly (XDQQ) and Innovator US Equity Accelerated ETF (XDSQ) have volatilities of 0.64% and 0.62%, 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.

Volatility by Period

	XDQQ	XDSQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.64%	0.62%	+0.02%
Volatility (6M) Calculated over the trailing 6-month period	10.31%	8.09%	+2.22%
Volatility (1Y) Calculated over the trailing 1-year period	13.80%	10.50%	+3.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.80%	15.28%	+4.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.55%	15.02%	+4.53%

XDQQ vs. XDSQ - Expense Ratio Comparison

Both XDQQ and XDSQ have an expense ratio of 0.79%.

Dividends

XDQQ vs. XDSQ - Dividend Comparison

Neither XDQQ nor XDSQ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XDQQ and XDSQ in my portfolio?

XDQQ and XDSQ have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XDQQ or XDSQ?

XDQQ has higher volatility (0.64%) compared to XDSQ (0.62%). In terms of maximum drawdown, XDQQ dropped -35.63% vs XDSQ's -26.06%.

Which ETF is better, XDQQ or XDSQ?

On 5-year performance, XDSQ leads with 9.68% vs 7.88% for XDQQ. Both ETFs have the same 0.79% expense ratio. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XDQQ or XDSQ?

Over the 5-year period, XDSQ has performed better with a 9.68% return vs 7.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XDQQ or XDSQ?

XDQQ and XDSQ have the same expense ratio: 0.79% per year.

Which ETF pays a higher dividend yield, XDQQ or XDSQ?

XDQQ and XDSQ have nearly identical dividend yields, around 0.00%.

Which has better risk-adjusted returns?

XDSQ currently has the higher Sharpe Ratio (1.44 vs 1.22), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.