QHDGInnovator Hedged Nasdaq-100 ETF
The fund is an actively managed ETF that, under normal market circumstances, seeks to provide capital appreciation through exposure to the constituents in the Nasdaq-100® Index while providing a level of downside or “hedged” protection. It will invest at least 80% of its net assets in equity securities and option contracts that provide economic exposure to the Nasdaq-100. It is non-diversified.
Innovator ETFs · Since 2024 (1 year)
0.79%
#3848 out of 5,332 ETFs
$3M
#5030 out of 5,332 ETFs
0.00%
1 year
#3838 out of 5,332 ETFs
Performance
1 Year
+16.6%
3 Years
N/A
5 Years
N/A
What's inside
Asset allocation
Top holdings
Risk profile
9.2%
Moderate
-15.3%
Worst peak-to-trough loss
N/A
N/A
Similar ETFs
Our take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
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
Data updated on 2026-05-05