Innovator Growth Accelerated Plus ETF

Frequently Asked Questions About QTAP

What does QTAP invest in?

The Innovator Growth Accelerated Plus ETF (QTAP) is structured to provide investors with amplified returns compared to the Invesco QQQ Trust (QQQ). Specifically, it aims to deliver three times the upside performance of QQQ, though this enhanced gain is subject to a predetermined cap. Conversely, it endeavors to limit potential losses to approximately the same magnitude as QQQ's declines. This defined investment strategy applies over an annual period, and while the ETF can be held indefinitely, its specific outcome features reset at the conclusion of each yearly cycle.

What is the expense ratio of QTAP?

Innovator Growth Accelerated Plus ETF (QTAP) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations.

How big is QTAP?

Innovator Growth Accelerated Plus ETF (QTAP) manages $20.4M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is QTAP actively managed or an index fund?

QTAP's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was QTAP launched?

Innovator Growth Accelerated Plus ETF (QTAP) launched in April 2021 and is managed by Innovator.

How has QTAP performed?

QTAP's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.