Innovator Growth Accelerated Plus ETF

Frequently Asked Questions About QTJL

What does QTJL invest in?

The Innovator Growth Accelerated Plus ETF (QTJL) is structured to deliver leveraged upside potential, specifically three times (3x) the positive returns of the Invesco QQQ Trust (QQQ), though this acceleration is subject to a predefined cap. Simultaneously, it aims to keep downside exposure at approximately a single (1x) multiple of QQQ's losses. These performance objectives are measured over distinct annual outcome periods. While investors can hold the ETF for an extended duration, its specific performance parameters (like the cap and downside exposure) reset at the conclusion of each yearly cycle.

What is the expense ratio of QTJL?

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

How big is QTJL?

Innovator Growth Accelerated Plus ETF (QTJL) manages $20.5M 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 QTJL actively managed or an index fund?

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

When was QTJL launched?

Innovator Growth Accelerated Plus ETF (QTJL) launched in July 2021 and is managed by Innovator.

How has QTJL performed?

QTJL'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.