Innovator Uncapped Accelerated U.S. Equity ETF (XUSP) Performance
XUSP total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +11.7% since Dec 31, 2025
- 1 year
- +13.2% total return
- 3 years
- +26.5% a year
- Since first price
- +17.7% a year since 2022
XUSP trailing returns vs SPY, QQQ, AGG
| Period | XUSP total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.8% | −1.8% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.8% | +2.8% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.9% | +7.9% | +7.8% | +8.4% | −1.5% |
| YTD | +11.7% | +11.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +13.2% | +13.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +102.5%+26.5%/yr | +102.5% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionAug 11, 2022 | +97.9%+17.7%/yr | +97.9% | — | — | — |
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: XUSP vs SPY
From Aug 11, 2022: XUSP grew to $19,794, SPY to $19,137.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
XUSP returns by calendar year
3 of 3 full years positive. Best 2024 (+30.6%), worst 2025 (+18.3%). 2026 is year to date.
XUSP annual returns table
| Year | XUSP | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +11.7% | −12.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +18.3% | −22.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +30.6% | −11.7% | +24.9% | +25.6% | +1.3% |
| 2023 | +26.5% | −13.9% | +26.2% | +54.9% | +5.7% |
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.
XUSP largest drawdowns
Now 4.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 4, 2024 | −22.6% | Apr 8, 2025 | Jul 3, 2025 | 4 months | 7 months |
| Aug 16, 2022 | −18.2% | Oct 12, 2022 | Jun 13, 2023 | 57 days | 10 months |
| Jul 31, 2023 | −13.9% | Oct 27, 2023 | Dec 13, 2023 | 3 months | 4 months |
| Jan 12, 2026 | −12.1% | Mar 30, 2026 | Apr 17, 2026 | 3 months | 3 months |
| Jul 16, 2024 | −11.7% | Aug 5, 2024 | Sep 19, 2024 | 20 days | 2 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
XUSP risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +26.0% | +20.4% |
| Volatility (annualized) | 17.0% | 17.8% |
| Sharpe ratio | 1.20 | 0.90 |
| Sortino ratio | 2.33 | 1.54 |
| Best month | +13.5% | +13.5% |
| Worst month | −8.1% | −9.5% |
| Best 12 months | +50.3% | +50.3% |
| Worst 12 months | +6.1% | +5.7% |
| Positive months | 61% | 61% |
| Beta vs S&P 500 | 1.36 | — |
| Correlation with S&P 500 | 0.99 | — |
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.
XUSP rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 39 | +5.7% | +21.4% | +50.3% | 100% |
| 3-year (a year) | 15 | +19.2% | +23.6% | +27.0% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
XUSP performance overview
Innovator Uncapped Accelerated U.S. Equity ETF (XUSP) returned +13.2% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +17.7% a year, turning $10,000 into about $19,794. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −22.6%, from Dec 4, 2024 to Apr 8, 2025, and it took 3 months to get back to the old high. XUSP finished 3 of its 3 full calendar years with a gain; the best year was 2024 (+30.6%) and the worst 2025 (+18.3%). Volatility has been 17.8% a year.
Related: XUSP chart. See the XUSP overview for the latest quote and fund facts.
XUSP performance FAQ
What is the XUSP return over the past year?
XUSP returned +13.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 13.2%.
How much would $10,000 invested in XUSP be worth?
$10,000 invested in XUSP at its first recorded close on August 11, 2022 would be worth about $19,794 on October 23, 2026 with distributions reinvested.
What was the worst year for XUSP?
The worst calendar year was 2025, with a total return of +18.3%. The best was 2024 at +30.6%.
What is the biggest drawdown of XUSP?
The largest peak-to-trough decline was −22.6% between December 4, 2024 and April 8, 2025. It recovered to the old high on July 3, 2025, 3 months after the bottom.
How volatile is XUSP?
Over the past 3 years XUSP had an annualized volatility of 17.0% and a Sharpe ratio of 1.20 (excess return over 1–3 month T-bills per unit of risk).