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ETFs

Innovator U.S. Equity Buffer ETF - April

BAPR
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 01 2019
Expense Ratio
0.79%
Type
US Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$456,181
AUM
$156,595,500
Associated Index
S&P 500 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
SPY 03/28/2024 4.11 C
99.00%
n/a
SPY 03/28/2024 409.4 P
2.32%
n/a
Cash & Other
0.20%
n/a
SPY 03/28/2024 491.84 C
-0.38%
n/a
SPY 03/28/2024 372.54 P
-1.13%
Invest with BAPR

What is BAPR?

The Innovator S&P 500 Buffer ETF seeks to track the return of the S&P 500 Price Return Index, up to a predetermined cap, while buffering investors against the first 9% of losses over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually.

ETFs related toBAPR

ETFs correlated to BAPR include GAUG, SPUU, PBUS

BAPR
Innovator ETFs Trust - Innovator U.S. Equity Buffer ETF - April
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
PBUS
Invesco Capital Management LLC - Invesco MSCI USA ETF
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
DECZ
Listed Funds Trust - TrueShares Structured Outcome (December) ETF
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
UPRO
ProShares Trust - ProShares UltraPro S&P 500 ETF 3x Shares
VOTE
Engine No. 1 ETF Trust - Engine No. 1 Transform 500 ETF
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
SPXL
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toBAPR

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with BAPR using Composer

FAQ

BAPR is a US Equities ETF. The Innovator S&P 500 Buffer ETF seeks to track the return of the S&P 500 Price Return Index, up to a predetermined cap, while buffering investors against the first 9% of losses over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually.

BAPR tracks the S&P 500 Index.

No, BAPR is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, BAPR is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on BAPR is -0.0055%. This is the percent change in the value of BAPR over the most recent 1-month period. The 3-month return on BAPR is 0.0064%. This is the percent change in the value of BAPR over the most recent 3-month period.

The standard deviation of BAPR for the past year is 0.1213%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to BAPR include UAUG, SSO, and ACIO.

ETFs correlated to BAPR include GAUG, SPUU, and PBUS.

ETFs that are inversely correlated to BAPR include SPDN, SH, and SDS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.