XBAPvsOVLETF Comparison
ETF 1
XBAP
Innovator U.S. Equity Accelerated 9 Buffer ETF - April
This fund is part of
Options Strategies
+1.31%
VS
Innovator U.S. Equity Accelerated 9 Buffer ETF - April (XBAP) and Overlay Shares Large Cap Equity ETF (OVL) belong to the same industry segment: Options Strategies. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Consumer Discretionary. Both XBAP and OVL have the same Total Expense Ratio (TER) of 0.79%. XBAP is up 7.58% year-to-date (YTD) with -$16M in YTD flows. OVL performs better with 10.2% YTD performance, and +$82M in YTD flows. Run a side-by-side ETF comparison of XBAP and OVL below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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XBAP vs OVL performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 06/11/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | XBAP OVL | +0.36%-0.56% | +6.52%+9.98% | +7.58%+10.20% | +14.53%+28.35% | +45.33%+82.42% | +58.26%+85.38% |
| Flows | XBAP OVL | -+$37M | -$4M+$82M | -$16M+$82M | -$140M+$26M | +$6M+$45M | +$38M+$37M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | XBAP OVL | +4.84%+17.12% | +3.48%+14.27% | +8.00%+17.11% | +10.40%+18.98% |
| Max drawdown | XBAP OVL | -1.31%-6.41% | -1.31%-8.71% | -8.27%-21.55% | -14.74%-28.68% |
| Max drawdown duration | XBAP OVL | 9d27d | 9d47d | 37d133d | 407d745d |
Trading data
XBAP | OVL | |
Last sale 6/12/2026 at 1:30 PM | $41.65 | $56.48 |
| Previous close 06/11/2026 | $41.58 | $56.16 |
| Consolidated volume 06/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 6/12/2026 at 1:30 PM
Live
Closed
XBAP | OVL | |
|---|---|---|
| Last price | $41.65 | $56.48 |
| 1D performance | +0.17% | +0.57% |
| AuM | $133.06 M | $273.35 M |
| E/R | 0.79% | 0.79% |
Characteristics
XBAP | OVL | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Innovator | Overlay Shares |
| Benchmark | - | - |
| N° of holdings | 478 | 478 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 1, 2021 | September 25, 2019 |
| ESG | No | No |
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Exposure
Countries
XBAP
USA
100.17%
Other
-0.17%
OVL
USA
96.64%
Other
3.36%
Sectors
XBAP
Information Techn.
36.91%
Communication Ser.
11.36%
Consumer Discreti.
10.46%
Financials
10.09%
Health Care
8.66%
Industrials
8.36%
Other
14.16%
OVL
Information Techn.
35.61%
Communication Ser.
10.96%
Consumer Discreti.
10.09%
Financials
9.73%
Health Care
8.36%
Industrials
8.07%
Other
17.18%
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Diversification
XBAP
Total weight of top 15 holdings out of 15
45.34%
OVL
Total weight of top 15 holdings out of 15
43.74%
Top 15 holdings
Data as of April 30, 2026
XBAP
NVIDIA
8.12%
APPLE
6.67%
MICROSOFT-T
5.07%
AMAZON.COM INC
4.34%
ALPHABET INC-CL
3.75%
BROADCOM LIMITED
3.31%
ALPHABET INC-CL
2.99%
META PLATFORMS
2.24%
TESLA
1.80%
BERKSHIRE HATHWAY
1.45%
JPMORGAN CHASE
1.32%
LILLY
1.24%
EXXON
1.08%
MICRON TECHNOLOGY
0.97%
WALMART INC
0.97%
OVL
NVIDIA
7.84%
APPLE
6.44%
MICROSOFT-T
4.89%
AMAZON.COM INC
4.18%
ALPHABET INC-CL
3.62%
BROADCOM LIMITED
3.20%
ALPHABET INC-CL
2.89%
META PLATFORMS
2.16%
TESLA
1.73%
BERKSHIRE HATHWAY
1.40%
JPMORGAN CHASE
1.27%
LILLY
1.20%
EXXON
1.04%
MICRON TECHNOLOGY
0.94%
WALMART INC
0.93%
Frequently asked questions about XBAP and OVL
How have the XBAP and OVL ETFs performed in 2026?
As of June 11, 2026, XBAP is up 7.58% year-to-date (YTD), while OVL has returned 10.2%. That puts OVL better performer ahead so far this year.
Which ETF is attracting more investor money: XBAP or OVL?
Year-to-date, the XBAP ETF saw -$16M in flows, compared to +$82M for OVL.
Which ETF is more volatile: XBAP or OVL?
Over the past year, XBAP had a volatility of 3.48%, while OVL experienced 14.27%.
Which ETF is bigger: XBAP or OVL?
As of June 11, 2026, XBAP holds $133.06 M in assets under management (AUM), while OVL manages $273.35 M.
What sectors do the XBAP and OVL ETFs invest in?
XBAP leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, OVL focuses on Information Technology, Communication Services and Consumer Discretionary.
What are the top holdings of the XBAP ETF and OVL ETF?
XBAP top holdings include NVIDIA, APPLE and MICROSOFT-T. OVL holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: XBAP or OVL?
XBAP holds 503 securities with 45.34% of its assets in the top 15. OVL has 503 securities and a top 15 weight of 43.74%.
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