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QTJAInnovator Growth Accelerated Plus ETF - January

Grow my money4y track recordRanked #2,400 of 2,969 in this goal

Seeks to provide investors with returns that are three times those of the Underlying ETF, up to the upside cap of 19.35% while matching Underlying ETF losses.

By Innovator ETFs · Launched 2021

Annual Cost

0.79%

#4,055 of 5,573 · expensive

Fund Size

$21M

#4,344 of 5,573 · small

Return (1Y)Goal

+25.1%

Track Record

4 years

#2,590 of 5,573 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$12,521+25.2%

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

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Structured outcome

Index tracked

Nasdaq-100 Index

What it actually holds

By weight

Concentration

Top 4 holdings = 100.2% of fundconcentrated

N/A
99.8%
N/A
21.9%
US BANK MMDA - USBGFS 9
0.3%
N/A
-21.8%

Asset allocation

Stocks
65.2%
Cash
34.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
11.0%Moderate

Year-on-year price swings

Max drawdown
-36.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.92Decent risk-adjusted returns
Sortino (3Y)
1.41Good downside protection

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to provide investors with returns that are three times those of the Underlying ETF, up to the upside cap of 19.35% while matching Underlying ETF losses.
Strategy
Invests primarily in assets providing exposure to the Invesco QQQ Trust, aiming for 3x returns up to a cap of 19.35% while matching losses of the Underlying ETF.
Inception date
December 31, 2021
Fund family
Innovator ETFs

Our take

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

Buffer
Warning

You can build this cheaper yourself

Defined-outcome funds cap your gains (often 8% to 20%) in exchange for cushioning losses by 9% to 30%, priced with options. The fee runs about 0.70% or more, against 0.03% to 0.10% for a plain index fund. For most investors, a simple stock-and-bond mix gives similar protection for far less.

Sources: Morningstar, 'Buffer Funds Are on the Rise, but They May Not Make Sense for Most Investors' (2025)

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 2026-06-20