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QTOCInnovator Growth Accelerated Plus ETF - October

Grow my money4y track recordRanked #2,353 of 2,960 in this goal

Seeks to provide returns that are 3x those of the Underlying ETF, capped at 18.84%, while matching losses over the specified period.

By Innovator ETFs · Launched 2021

Annual Cost

0.79%

#4,047 of 5,562 · expensive

Fund Size

$23M

#4,278 of 5,562 · small

Return (1Y)Goal

+22.5%

Track Record

4 years

#2,501 of 5,562 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$12,270+22.7%

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

Classification

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Structured outcome

Index tracked

Nasdaq-100 Index

What it actually holds

By weight

Asset allocation

Stocks
65.7%
Cash
34.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
12.6%Moderate

Year-on-year price swings

Max drawdown
-33.4%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.97Decent risk-adjusted returns
Sortino (3Y)
1.49Good downside protection

Where to buy

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to provide returns that are 3x those of the Underlying ETF, capped at 18.84%, while matching losses over the specified period.
Strategy
Invests primarily in instruments providing exposure to the Invesco QQQ Trust, aiming for leveraged returns. The strategy is designed to achieve specific outcomes based on the performance of the Underlying ETF.
Inception date
September 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

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 2026-06-20