Innovator U.S. Equity Accelerated ETF – April Price & Performance (XDAP)

Innovator Capital Management has completed the closure of its U.S. Equity Accelerated ETF – April (XDAP), with trading halted and liquidation executed earlier this month. The move aligns with the end of the fund's outcome period and is part of a broader plan to shutter additional series later in 2025, reflecting shifting ETF industry trends.12

The Innovator Balanced Alternative Model Portfolio has posted an annualized return of 10.5% since mid-2022, significantly outpacing core bonds, which returned 2.3%. With volatility below that of traditional bonds and a built-in buffer against equity losses, the model offers a lower-risk alternative for investors seeking equity exposure.34

The Innovator US Equity Accelerated 9 Buffer ETF – April (XBAP) currently allocates 100% of its assets to its top two holdings, far exceeding the category average. Recent data also shows a spike in five-day volatility to nearly 60%, highlighting increased risk despite the ETF’s typically controlled approach.567