Innovator Growth Accelerated Plus ETF (QTAP)
Innovator Growth Accelerated Plus ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $53.17, up 0.24% on the session, giving a market capitalisation of $30.3M. Its beta of 0.55 implies it has historically moved less than the broad market.
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.
Innovator Growth Accelerated Plus ETF is most often compared with the following Financial Services names: