XUSP vs QLDY

Comparison between Innovator Uncapped Accelerated U.S. Equity ETF (XUSP, ETF) and DEFIANCE NASDAQ 100 LIGHTNINGSPREAD(TM) INCOME ETF (QLDY, ETF).

XUSP vs QLDY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	XUSP(ETF)	QLDY(ETF)
Net Assets	$49M	$49M
Expense Ratio	0.79%	1.04%
Max Drawdown	22.59%	27.93%
Sharpe Ratio	1.07	0.55
5Y Beta	1.18	1.54

Net Assets

Winner

XUSP

$49M

QLDY

$49M

Expense Ratio

Winner

XUSP

0.79%

QLDY

1.04%

Max Drawdown

Winner

XUSP

22.59%

QLDY

27.93%

Sharpe Ratio

Winner

XUSP

1.07

QLDY

0.55

5Y Beta

Winner

XUSP

1.18

QLDY

1.54

XUSP vs QLDY - Historical Returns

Returns include dividend reinvestment.

Period	XUSP	QLDY
1 month	+0.11%	-5.11%
3 months	+7.75%	+8.30%
6 months	+10.37%	+11.19%
1 year	+22.57%	+11.68%
Max(CAGR)	+18.64%	+14.09%

Winner

XUSP

+0.11%

QLDY

-5.11%

XUSP

+7.75%

Winner

QLDY

+8.30%

XUSP

+10.37%

Winner

QLDY

+11.19%

Winner

XUSP

+22.57%

QLDY

+11.68%

Max(CAGR)

Winner

XUSP

+18.64%

QLDY

+14.09%

XUSP vs QLDY - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	XUSP	QLDY
2026	+10.71%	+10.75%
2025	+18.56%	+1.48%
2024	+32.22%	N/A
2023	+27.01%	N/A
2022	-9.24%	N/A

XUSP vs QLDY Drawdown Comparison

The maximum drawdown for XUSP was -22.59%, occurring on Apr 8, 2025. Recovery took 143 trading sessions.

The maximum drawdown for QLDY was -17.44%, occurring on Mar 30, 2026. Recovery took 121 trading sessions.

The current XUSP drawdown is -2.63%. The current QLDY drawdown is -7.64%.

Rank	XUSP	QLDY
#1	-22.59% Dec 4, 2024 - Jul 3, 2025	-17.44% Oct 29, 2025 - Apr 24, 2026
#2	-18.20% Aug 16, 2022 - Jun 13, 2023	-9.67% Jun 2, 2026 - Jul 20, 2026
#3	-13.92% Jul 31, 2023 - Dec 13, 2023	-3.79% Oct 9, 2025 - Oct 24, 2025
#4	-12.13% Jan 12, 2026 - Apr 17, 2026	-3.39% May 14, 2026 - May 26, 2026
#5	-11.67% Jul 16, 2024 - Sep 19, 2024	-1.91% Sep 22, 2025 - Oct 1, 2025
#6	-7.91% Mar 28, 2024 - May 15, 2024	-1.04% Apr 27, 2026 - Apr 30, 2026
#7	-7.19% Oct 28, 2025 - Jan 9, 2026	-0.85% May 11, 2026 - May 13, 2026
#8	-6.26% Jun 2, 2026 - Jun 10, 2026	-0.55% Oct 2, 2025 - Oct 8, 2025
#9	-3.83% Oct 14, 2024 - Nov 6, 2024	-0.25% May 1, 2026 - May 5, 2026
#10	-3.51% Oct 8, 2025 - Oct 24, 2025	-0.02% May 6, 2026 - May 8, 2026
#11	-3.31% Jul 25, 2025 - Aug 12, 2025	N/A
#12	-3.11% Nov 8, 2024 - Nov 26, 2024	N/A
#13	-3.05% Dec 27, 2023 - Jan 19, 2024	N/A
#14	-3.03% May 14, 2026 - May 26, 2026	N/A
#15	-2.75% Jun 15, 2023 - Jun 30, 2023	N/A