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IGTRInnovator Gradient Tactical Rotation Strategy ETF

Grow my money3y track recordRanked #2,295 of 2,960 in this goal

Seeks to provide long term capital appreciation with an objective of providing excess returns over the S&P Global BMI.

By Innovator ETFs · Launched 2022

Annual Cost

0.80%

#4,189 of 5,562 · expensive

Fund Size

$61M

#3,392 of 5,562 · mid-size

Return (1Y)Goal

+52.9%

Track Record

3 years

#2,862 of 5,562 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$15,256+52.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Alternative

Region

Global

Strategy

Structured outcome

Index tracked

S&P Global BMI

What it actually holds

By weight

Concentration

Top 10 holdings = 27.4% of fundwell diversified

HSBC Holdings PLC
3.6%
Rolls-Royce Holdings PLC
3.6%
Banco Santander SA
3.1%
Siemens Energy AG
3.1%
Allianz SE
2.7%
Rheinmetall AG
2.6%
British American Tobacco PLC
2.4%
UniCredit SpA
2.2%
Deutsche Bank AG
2.1%
Shopify Inc
2.1%

Asset allocation

Stocks
99.8%
Cash
0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
24.4%High

Year-on-year price swings

Max drawdown
-20.1%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
0.83Decent risk-adjusted returns
Sortino (3Y)
1.20Good downside protection

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks to provide long term capital appreciation with an objective of providing excess returns over the S&P Global BMI.
Strategy
Actively invests in equity securities, including U.S. and non-U.S. common stocks and depositary receipts, to achieve excess returns over the S&P Global BMI. Utilizes a rules-based, two-factor approach to identify the strongest price momentum metrics across three geographic equity markets: U.S., international developed, and emerging markets. The Fund targets high beta, momentum, neutral broad market, and low volatility securities within these segments to create tactical investment opportunities.
Inception date
November 16, 2022
Fund family
Innovator ETFs

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Buffer
Warning

Buffer ETF — downside protection at a cost

Defined-outcome funds cap upside (typically 8–20%) in exchange for partial downside protection (9–30%), priced via options. Fees are materially higher than the underlying index (often 0.70%+ vs 0.03–0.10%). For most pre-retirees, a simple stock/bond mix achieves similar downside behaviour at a fraction of the cost.

Source: Morningstar, 'Defined-Outcome ETFs: Useful or Uneconomic?' (2023)

Why we flagged this: strategy=structured_outcome + structured_outcome_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19