QTJA ETF — Holdings & Analysis

Managed by Innovator, QTJA has an AUM of $0.01 billion and an expense ratio of 0.79%. The fund resets annually, offering a unique approach to leveraged exposure within the equity market. Past performance does not guarantee future results.

Innovator Growth Accelerated Plus ETF (QTJA) ETF — Price, Holdings & Analysis

The Innovator Growth Accelerated Plus ETF (QTJA) is an equity ETF seeking to provide triple (3x) the upside return of the Invesco QQQ Trust (QQQ), to a cap, with approximately single exposure to the downside, over an annual outcome period. Managed by Innovator, QTJA has an AUM of $0.01 billion and an expense ratio of 0.79%. The fund resets annually, offering a unique approach to leveraged exposure within the equity market. Past performance does not guarantee future results.

ETF Overview

The Innovator Growth Accelerated Plus ETF seeks to provide triple (3x) the upside return of QQQ (Invesco QQQ Trust), to a cap, with approximately single exposure to the downside, over a annual outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period.

QTJA aims to deliver a multiple of the daily returns of the Invesco QQQ Trust (QQQ), which tracks the Nasdaq-100 Index, up to a predetermined cap, while providing approximately single exposure to the downside. This strategy is achieved through holding a limited number of investments (currently 5), designed to mimic the leveraged exposure. The fund resets its strategy annually, meaning the leveraged and downside exposures are recalibrated at the end of each outcome period. With a significant allocation to Technology (50.8%), followed by Communication Services (16.1%) and Consumer Cyclical (12.5%), QTJA is designed for investors seeking amplified growth potential from the technology-heavy Nasdaq-100, while accepting the risks associated with leveraged and capped returns. It is important to understand the reset mechanism and the potential for both amplified gains and losses over the outcome period. Past performance does not guarantee future results.

Risk Metrics

QTJA's leveraged nature introduces significant risk, as losses can be magnified. The 0.79% expense ratio can create a drag on performance, especially if the fund does not achieve its targeted leveraged returns. The fund's sector allocation is heavily concentrated in Technology (50.8%), making it vulnerable to downturns in that sector. The fund's beta of 0.52 indicates lower volatility than the market as a whole, but this does not account for the leveraged return profile. The fund's small AUM of $0.01 billion could pose liquidity risks. Investors should carefully consider their risk tolerance and understand the potential for significant losses before investing in QTJA. Past performance does not guarantee future results.

Expense Ratio

0.79%

How Is the Fund Allocated?

Sector	Weight
Technology	50.8%
Communication Services	16.1%
Consumer Cyclical	12.5%
Consumer Defensive	8.4%
Healthcare	5.2%
Industrials	3.4%
Utilities	1.5%
Basic Materials	1.3%
Energy	0.6%
Financial Services	0.2%
Real Estate	0.1%

Country	Weight
Other	100.0%

Dividend Yield

0.00%

State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio

Innovator U.S. Equity Accelerated 9 Buffer ETF (XBAP) (Equity) — 0.79% expense ratio
Innovator Equity Dual Directional 10 Buffer ETF (DDTN) (Equity) — 0.79% expense ratio
Innovator Equity Dual Directional 15 Buffer ETF (DDFN) (Equity) — 0.79% expense ratio
Innovator Emerging Markets Power Buffer ETF (EAPR) (Equity) — 0.89% expense ratio
Innovator Equity Dual Directional 10 Buffer ETF (DDTJ) (Equity) — 0.79% expense ratio
Innovator U.S. Equity Power Buffer ETF (PJAN) (Equity) — 0.79% expense ratio

Risk Metrics

Beta: 0.52

Questions & Answers

What is QTJA and what does it track?

The Innovator Growth Accelerated Plus ETF (QTJA) is an exchange-traded fund designed to provide triple (3x) the upside return of the Invesco QQQ Trust (QQQ), up to a cap, with approximately single exposure to the downside, over an annual outcome…

period. The fund resets annually.

What is the expense ratio for QTJA?

The expense ratio for QTJA is 0.79%. This means that for every $10,000 invested in the fund, $79 is deducted annually to cover operating expenses.

While there isn't a defined category average for leveraged ETFs with capped returns, the expense ratio is higher than typical broad market equity ETFs, which often have expense ratios below 0.20%.

What are the top holdings in QTJA?

As a fund designed to deliver a multiple of the returns of the Invesco QQQ Trust (QQQ), QTJA's holdings are structured to achieve this objective rather than mirroring the QQQ directly.

As of 2026-03-15, QTJA holds a limited number of investments (5). These holdings are actively managed to provide the leveraged and capped exposure to QQQ.

Is QTJA a good long-term investment?

QTJA's suitability as a long-term investment depends on an investor's risk tolerance and investment objectives. The fund's leveraged nature and annual reset mechanism make it more appropriate for tactical, short-term strategies rather than long-term buy-and-hold approaches.

The 0.79% expense ratio can also impact long-term returns.

How does QTJA compare to similar ETFs?

QTJA distinguishes itself through its unique strategy of providing triple (3x) the upside return of QQQ, to a cap, with approximately single exposure to the downside, over an annual outcome period.

Compared to traditional leveraged ETFs, QTJA's capped upside and downside protection offer a different risk/reward profile.

Does QTJA pay dividends?

According to the latest data, QTJA does not currently pay dividends. The dividend yield is reported as 0.00%. This is consistent with its investment strategy, which focuses on capital appreciation through leveraged exposure to the Nasdaq-100 rather than income generation.

Investors seeking dividend income may want to consider other equity ETFs with a focus on dividend-paying stocks.