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Innovator Growth Accelerated Plus ETF (QTJL)

CBOE Financial Services Asset Management
$42.14 ▲ +0.68%
Market Cap
$23.3M
Sector
Financial Services
Industry
Asset Management
Beta
0.79
52-Wk Range
36.58-42.29
CEO
Country
US
Currency
USD

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 $42.14, up 0.68% on the session, giving a market capitalisation of $23.3M. Its beta of 0.79 implies it has historically moved less than the broad market.

Company profile
Exchange
Chicago Board Options Exchange
Employees
IPO date
2021-07-01
Headquarters
Wheaton, IL, US
About Innovator Growth Accelerated Plus ETF

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.

Comparable companies

Innovator Growth Accelerated Plus ETF is most often compared with the following Financial Services names:

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