Latest levered ETFs offer triple market performance — with a catch The flipside of the new Innovator Capital Management products is the performance is capped and they can be more expensive than some of the cheaper indexed options. April 1, 2021 3 MINS In the latest example of Innovator Capital Management living up to its name, the ETF manager has rolled out a suite of levered funds that offer two and three times the performance of a couple of popular indexes. But before jumping headlong into a levered-up version of the S&P 500 Index and the Nasdaq, investors and financial advisers will need to consider where they expect markets to head over the next quarter or year because the upside of these ETFs is capped.