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ETFs

Innovator Growth Accelerated ETF - Quarterly

XDQQ
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Apr 01 2021
Expense Ratio
0.79%
Type
US Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$116,000
AUM
$10,815,750
Associated Index
Invesco QQQ Trust
Inverse/Leveraged
Leveraged (2x)
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
QQQ 03/31/2023 0.67 C
103.76%
n/a
QQQ 03/31/2023 266.28 C
14.68%
n/a
Cash & Other
-0.02%
n/a
QQQ 03/31/2023 282.68 C
-18.43%
Invest with XDQQ

What is XDQQ?

The Innovator Growth Accelerated ETF - Quarterly seeks to provide double (2x) the upside return of QQQ (Invesco QQQ Trust), to a cap, with approximatelysingle exposure to the downside, over a quarterly outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period.

ETFs related toXDQQ

ETFs correlated to XDQQ include JEPQ, QDEC, ILCG

XDQQ
Innovator ETFs Trust - Innovator Growth Accelerated ETF - Quarterly
JEPQ
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Nasdaq Equity Premium Income ETF
QDEC
First Trust Exchange-Traded Fund VIII - FT Cboe Vest Nasdaq-100 Buffer ETF - December
ILCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Growth ETF
IWF
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Growth ETF
VONG
Vanguard Group, Inc. - Vanguard Russell 1000 Growth Index ETF
IVW
BlackRock Institutional Trust Company N.A. - iShares S&P 500 Growth ETF
IWY
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 Growth ETF
SPYG
SPDR Series Trust - SPDR Portfolio S&P 500 Growth ETF
VOOG
Vanguard Group, Inc. - Vanguard S&P 500 Growth ETF
IUSG
BlackRock Institutional Trust Company N.A. - iShares Core S&P U.S.Growth ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toXDQQ

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with XDQQ using Composer

FAQ

XDQQ is a US Equities ETF. The Innovator Growth Accelerated ETF - Quarterly seeks to provide double (2x) the upside return of QQQ (Invesco QQQ Trust), to a cap, with approximatelysingle exposure to the downside, over a quarterly outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period.

XDQQ tracks the Invesco QQQ Trust.

No, XDQQ is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, XDQQ is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on XDQQ is 0.028%. This is the percent change in the value of XDQQ over the most recent 1-month period. The 3-month return on XDQQ is 0.0597%. This is the percent change in the value of XDQQ over the most recent 3-month period.

The standard deviation of XDQQ for the past year is 0.2657%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to XDQQ include QSPT, QTOC, and QTJL.

ETFs correlated to XDQQ include JEPQ, QDEC, and ILCG.

ETFs that are inversely correlated to XDQQ include PSQ, QID, and SQQQ.

Yes, XDQQ is a Leveraged (2x) ETF: This means that XDQQ will try to match the performance of Invesco QQQ Trust, but with 2x the returns.

Yes, XDQQ is a Leveraged (2x) leveraged ETF: This means that {characteristics.Identifier} will try to match the performance of Invesco QQQ Trust, but move 2x in the opposite direction.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.