XDSQ vs. FAAR
XDSQ (Innovator US Equity Accelerated ETF) and FAAR (First Trust Alternative Absolute Return Strategy ETF) are both exchange-traded funds - XDSQ is a Leveraged Equities fund actively managed by Innovator, while FAAR is a Commodities fund actively managed by First Trust. Both are actively managed. Over the past 5 years, XDSQ returned 9.70%/yr vs 7.89%/yr for FAAR. At a 0.02 correlation, their price movements are largely independent. XDSQ charges 0.79%/yr vs 0.95%/yr for FAAR.
Performance
XDSQ vs. FAAR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XDSQ achieves a 3.09% return, which is significantly lower than FAAR's 20.23% return.
XDSQ
- 1D
- 0.07%
- 1M
- 0.66%
- YTD
- 3.09%
- 6M
- 2.64%
- 1Y
- 15.56%
- 3Y*
- 14.48%
- 5Y*
- 9.70%
- 10Y*
- —
FAAR
- 1D
- -0.05%
- 1M
- -4.34%
- YTD
- 20.23%
- 6M
- 19.92%
- 1Y
- 26.86%
- 3Y*
- 10.91%
- 5Y*
- 7.89%
- 10Y*
- 4.79%
XDSQ vs. FAAR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XDSQ Innovator US Equity Accelerated ETF | 3.09% | 14.22% | 23.12% | 23.00% | -16.78% | 13.28% |
FAAR First Trust Alternative Absolute Return Strategy ETF | 20.23% | 8.07% | 5.97% | -5.63% | 10.15% | 6.17% |
Correlation
The correlation between XDSQ and FAAR is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Apr 1, 2021 | 0.02 |
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
XDSQ vs. FAAR — Risk / Return Rank
XDSQ
FAAR
XDSQ vs. FAAR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator US Equity Accelerated ETF (XDSQ) and First Trust Alternative Absolute Return Strategy ETF (FAAR). 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.
| XDSQ | FAAR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.53 | ||
| Sortino ratioReturn per unit of downside risk | -0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.35 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.63 | 4.75 | -3.12 |
| Martin ratioReturn relative to average drawdown | 7.76 | 14.70 | -6.93 |
Loading charts...
Drawdowns
XDSQ vs. FAAR - Drawdown Comparison
The maximum XDSQ drawdown since its inception was -26.06%, which is greater than FAAR's maximum drawdown of -18.03%. Use the drawdown chart below to compare losses from any high point for XDSQ and FAAR.
Loading charts...
Drawdown Indicators
| XDSQ | FAAR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.06% | -18.03% | -8.03% |
Max Drawdown (1Y)Largest decline over 1 year | -9.60% | -5.68% | -3.92% |
Max Drawdown (3Y)Largest decline over 3 years | -19.15% | -11.54% | -7.61% |
Max Drawdown (5Y)Largest decline over 5 years | -26.06% | -18.03% | -8.03% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.03% | — |
Current DrawdownCurrent decline from peak | 0.00% | -5.43% | +5.43% |
Average DrawdownAverage peak-to-trough decline | -4.92% | -7.82% | +2.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.01% | 1.89% | +0.12% |
Volatility
XDSQ vs. FAAR - Volatility Comparison
The current volatility for Innovator US Equity Accelerated ETF (XDSQ) is 0.61%, while First Trust Alternative Absolute Return Strategy ETF (FAAR) has a volatility of 2.47%. This indicates that XDSQ experiences smaller price fluctuations and is considered to be less risky than FAAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XDSQ | FAAR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.61% | 2.47% | -1.86% |
Volatility (6M)Calculated over the trailing 6-month period | 8.16% | 9.68% | -1.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.52% | 13.37% | -2.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.28% | 12.95% | +2.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.03% | 11.53% | +3.50% |
XDSQ vs. FAAR - Expense Ratio Comparison
XDSQ has a 0.79% expense ratio, which is lower than FAAR's 0.95% expense ratio.
Dividends
XDSQ vs. FAAR - Dividend Comparison
XDSQ has not paid dividends to shareholders, while FAAR's dividend yield for the trailing twelve months is around 9.57%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FAAR First Trust Alternative Absolute Return Strategy ETF | 9.57% | 11.63% | 3.45% | 3.20% | 5.82% | 6.49% | 3.05% | 1.02% | 0.58% | 2.83% |
XDSQ Innovator US Equity Accelerated ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XDSQ and FAAR have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FAAR has higher volatility (2.47%) compared to XDSQ (0.61%). In terms of maximum drawdown, XDSQ dropped -26.06% vs FAAR's -18.03%.
On 5-year performance, XDSQ leads with 9.70% vs 7.89% for FAAR. On fees, XDSQ is cheaper at 0.79% per year. On volatility, XDSQ has been the lower-risk option at 0.61%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, XDSQ has performed better with a 9.70% return vs 7.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XDSQ is cheaper with a 0.79% expense ratio, compared with 0.95% for FAAR.
FAAR has the higher dividend yield at 9.57%, compared with 0.00% for XDSQ.
XDSQ is categorized as Leveraged Equities, while FAAR is Commodities. They also come from different issuers: Innovator and First Trust. Their fees differ too: 0.79% for XDSQ and 0.95% for FAAR.
FAAR currently has the higher Sharpe Ratio (2.02 vs 1.49), 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.
Find the right allocation for XDSQ and FAAR
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