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QTJLInnovator Growth Accelerated Plus ETF - July

Grow my money5y track recordRanked #2,505 of 2,999 in this goal

Seeks to provide returns that are three times those of the Underlying ETF, up to an 18.99% cap, while matching Underlying ETF losses over the Outcome Period.

By Innovator ETFs · Launched 2021

Annual Cost

0.79%

#4,215 of 5,861 · expensive

Fund Size

$22M

#4,392 of 5,861 · small

Return (1Y)Goal

+10.0%

Track Record

5 years

#2,361 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,040+10.4%

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 = 100.1% of fundconcentrated

N/A
103.3%
N/A
37.8%
US BANK MMDA - USBGFS 9
0.3%
N/A
-41.3%

Asset allocation

Stocks
99.8%
Cash
0.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
11.7%Moderate

Year-on-year price swings

Max drawdown
-33.4%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.74Decent risk-adjusted returns
Sortino (3Y)
1.12Good downside protection

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to provide returns that are three times those of the Underlying ETF, up to an 18.99% cap, while matching Underlying ETF losses over the Outcome Period.
Strategy
Actively managed ETF that seeks to provide returns three times the increase in value of the Underlying ETF, subject to an 18.99% cap. The Fund invests in FLEX Options referencing the Underlying ETF and may also invest directly in the Underlying ETF.
Inception date
June 30, 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 2026-08-04