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FDRS vs XTAP

Founder-Led ETF vs Innovator U.S. Equity Accelerated Plus ETF – April

FDRS

Founder-Led ETF

Annual cost

0.49%

Fund size

$94M

XTAP

Innovator U.S. Equity Accelerated Plus ETF – April

Annual cost

0.79%

Fund size

$23M

Key differences

FDRS is an equity ETF, while XTAP is an alternative ETF. FDRS charges 0.49% a year and XTAP 0.79%.

  • FDRS is an equity fund, while XTAP is an alternative fund. They carry different risk/return profiles.
  • FDRS follows a index tracking strategy; XTAP uses structured outcome.
  • FDRS costs 0.30% less per year.
  • FDRS is much larger than XTAP. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

FDRSXTAP
Annual cost (TER)0.49%0.79%
Fund size (AUM)$94M$23M
Since20252021
Dividend yield0.00%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingstructured outcome
CAGR 1YN/A+20.0%
CAGR 3YN/A+18.2%
CAGR 5YN/A+10.9%
Sharpe 3YN/A1.30
Volatility 1Y4.81%
Max drawdown-21.64%-22.13%

Similar to FDRS and XTAP