XTAPvsOVLETF Comparison
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Innovator U.S. Equity Accelerated Plus ETF (XTAP) 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 XTAP and OVL have the same Total Expense Ratio (TER) of 0.79%. XTAP is up 11.15% year-to-date (YTD) with -$2M in YTD flows. OVL performs better with 11.93% YTD performance, and +$92M in YTD flows. Run a side-by-side ETF comparison of XTAP 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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XTAP vs OVL performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 06/18/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | XTAP OVL | +0.96%+1.11% | +9.72%+13.95% | +11.15%+11.93% | +20.78%+31.18% | +61.43%+83.08% | +70.45%+92.39% |
| Flows | XTAP OVL | -+$33M | +$57K+$100M | -$2M+$92M | -$7M+$33M | +$3M+$54M | +$7M+$47M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | XTAP OVL | +7.00%+16.89% | +4.80%+14.38% | +11.10%+17.16% | +14.89%+19.00% |
| Max drawdown | XTAP OVL | -1.79%-5.22% | -1.79%-8.71% | -11.42%-21.55% | -22.36%-28.68% |
| Max drawdown duration | XTAP OVL | 10d16d | 10d47d | 37d133d | 589d745d |
Trading data
XTAP | OVL | |
Last sale 6/18/2026 at 1:30 PM | $45.18 | $57.08 |
| Previous close 06/18/2026 | $44.94 | $56.41 |
| Consolidated volume 06/18/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 6/18/2026 at 1:30 PM
Live
Closed
XTAP | OVL | |
|---|---|---|
| Last price | $45.18 | $57.08 |
| 1D performance | +0.52% | +1.19% |
| AuM | $22.60 M | $287.33 M |
| E/R | 0.79% | 0.79% |
Characteristics
XTAP | 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
XTAP
USA
98.19%
Other
1.81%
OVL
USA
96.64%
Other
3.36%
Sectors
XTAP
Information Techn.
36.19%
Communication Ser.
11.14%
Consumer Discreti.
10.26%
Financials
9.89%
Health Care
8.49%
Industrials
8.2%
Other
15.85%
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
XTAP
Total weight of top 15 holdings out of 15
44.44%
OVL
Total weight of top 15 holdings out of 15
43.74%
Top 15 holdings
Data as of April 30, 2026
XTAP
NVIDIA
7.96%
APPLE
6.54%
MICROSOFT-T
4.97%
AMAZON.COM INC
4.25%
ALPHABET INC-CL
3.68%
BROADCOM LIMITED
3.25%
ALPHABET INC-CL
2.93%
META PLATFORMS
2.20%
TESLA
1.76%
BERKSHIRE HATHWAY
1.43%
JPMORGAN CHASE
1.29%
LILLY
1.22%
EXXON
1.06%
MICRON TECHNOLOGY
0.96%
WALMART INC
0.95%
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 XTAP and OVL
How have the XTAP and OVL ETFs performed in 2026?
As of June 18, 2026, XTAP is up 11.15% year-to-date (YTD), while OVL has returned 11.93%. That puts OVL better performer ahead so far this year.
Which ETF is attracting more investor money: XTAP or OVL?
Year-to-date, the XTAP ETF saw -$2M in flows, compared to +$92M for OVL.
Which ETF is more volatile: XTAP or OVL?
Over the past year, XTAP had a volatility of 4.8%, while OVL experienced 14.38%.
Which ETF is bigger: XTAP or OVL?
As of June 18, 2026, XTAP holds $22.60 M in assets under management (AUM), while OVL manages $287.33 M.
What sectors do the XTAP and OVL ETFs invest in?
XTAP 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 XTAP ETF and OVL ETF?
XTAP top holdings include NVIDIA, APPLE and MICROSOFT-T. OVL holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: XTAP or OVL?
XTAP holds 503 securities with 44.44% of its assets in the top 15. OVL has 503 securities and a top 15 weight of 43.74%.
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