Innovator Uncapped Bitcoin 20 Floor ETF… (QBF) Performance
QBF total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −14.9% since Dec 31, 2025
- 1 year
- −30.1% total return
- Since first price
- −27.0% since 2025
QBF trailing returns vs SPY, QQQ, AGG
| Period | QBF total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −3.7% | −3.7% | −1.0% | −5.0% | +0.9% |
| 3 months | +16.6% | +16.6% | +3.2% | +1.9% | −0.4% |
| 6 months | −2.5% | −2.5% | +7.8% | +8.4% | −1.5% |
| YTD | −14.9% | −14.9% | +12.3% | +15.1% | −1.0% |
| 1 year | −30.1% | −31.0% | +14.4% | +15.9% | −1.1% |
| Since inceptionFeb 6, 2025 | −27.0% | −28.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: QBF vs SPY
From Feb 6, 2025: QBF grew to $7,298, SPY to $12,780.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
QBF returns by calendar year
2026 is year to date.
QBF annual returns table
| Year | QBF | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −14.9% | −36.4% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
QBF largest drawdowns
Now 36.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 6, 2025 | −48.7% | Jun 30, 2026 | not yet | 9 months | 1.0 years so far |
| Feb 20, 2025 | −19.6% | Apr 8, 2025 | May 13, 2025 | 47 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
QBF risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | −10.1% |
| Volatility (annualized) | 31.3% |
| Sharpe ratio | -0.31 |
| Sortino ratio | -0.41 |
| Best month | +17.6% |
| Worst month | −17.8% |
| Best 12 months | −19.5% |
| Worst 12 months | −43.9% |
| Positive months | 47% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
QBF rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 9 | −43.9% | −29.6% | −19.5% | 0% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
QBF performance overview
Innovator Uncapped Bitcoin 20 Floor ETF… (QBF) returned −30.1% over the past year, with distributions reinvested. Since its first recorded price on Feb 6, 2025 it has returned −27.0%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −48.7%, from Oct 6, 2025 to Jun 30, 2026; the fund has not yet regained that high. Volatility has been 31.3% a year.
Related: QBF chart, QBF dividends. See the QBF overview for the latest quote and fund facts.
QBF performance FAQ
What is the QBF return over the past year?
QBF returned −30.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 31.0%.
How much would $10,000 invested in QBF be worth?
$10,000 invested in QBF at its first recorded close on February 6, 2025 would be worth about $7,298 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of QBF?
The largest peak-to-trough decline was −48.7% between October 6, 2025 and June 30, 2026. It has not yet recovered to that high; it is 36.4% below its peak.
How volatile is QBF?
Over the past history QBF had an annualized volatility of 31.3% and a Sharpe ratio of -0.31 (excess return over 1–3 month T-bills per unit of risk).