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XDQQInnovator Growth-100 Accelerated ETF – Quarterly

Grow my money5y track recordRanked #2,053 of 2,998 in this goal

Seeks capital appreciation by participating in positive returns of the Underlying ETF up to the Upside Cap and buffered returns against losses less than the Inverse Performance Threshold.

By Innovator ETFs · Launched 2021

Annual Cost

0.79%

#4,215 of 5,861 · expensive

Fund Size

$55M

#3,563 of 5,861 · mid-size

Return (1Y)Goal

+6.2%

Track Record

5 years

#2,292 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$10,825+8.2%

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

Asset allocation

Stocks
99.8%
Cash
0.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
15.5%Moderate

Year-on-year price swings

Max drawdown
-35.6%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.63Decent risk-adjusted returns
Sortino (3Y)
0.91Moderate downside risk

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks capital appreciation by participating in positive returns of the Underlying ETF up to the Upside Cap and buffered returns against losses less than the Inverse Performance Threshold.
Strategy
Invests primarily in investments providing exposure to the Underlying ETF, aiming for dual-direction positive returns regardless of the ETF's price movement during the Outcome Period. Seeks to replicate the Underlying ETF's performance, providing capital appreciation if the ETF appreciates, limited by the Upside Cap of 9.56% to 11.06%. If the ETF's price decreases by less than or equal to 15%, the Fund aims to match the absolute value of losses up to a maximum return of 15% via Inverse Performance Cap.
Inception date
March 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 2026-08-04