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ETFs

Innovator Double Stacker 9 Buffer ETF - October

DBOC
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Oct 01 2020
Expense Ratio
0.79%
Type
US Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$23,942
AUM
$13,417,250
Associated Index
SPDR S&P 500 ETF Trust, Invesco QQQ Trust
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
SPY 09/29/2023 3.55 C
100.18%
n/a
QQQ 09/29/2023 267.26 C
28.61%
n/a
Cash & Other
0.19%
n/a
SPY 09/29/2023 357.17 P
0.01%
n/a
SPY 09/29/2023 325.02 P
0.00%
n/a
SPY 09/29/2023 393.26 C
-8.83%
n/a
QQQ 09/29/2023 294.25 C
-20.17%
Invest with DBOC

What is DBOC?

The Innovator Double Stacker 9 Buffer ETF seeks to provide double upside exposures of 100% SPY + 100% QQQ, to a cap, and downside exposure to SPY, with a buffer 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. SPY is the SPDR S&P 500 ETF Trust, which tracks the S&P 500 Index. QQQ is the Invesco QQQ Trust, which tracks the Nasdaq-100 Index.

ETFs related toDBOC

ETFs correlated to DBOC include PJAN, XDEC, XBJL

DBOC
Innovator ETFs Trust - Innovator Double Stacker 9 Buffer ETF - October
PJAN
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - January
XDEC
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - December
XBJL
Innovator ETFs Trust - Innovator U.S. Equity Accelerated 9 Buffer ETF - July
BUFQ
First Trust Exchange-Traded Fund VIII - FT Cboe Vest Fund of Nasdaq-100 Buffer ETF
DECZ
Listed Funds Trust - TrueShares Structured Outcome (December) ETF
POCT
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - October
XSEP
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - September
FMAY
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - May
USPX
Franklin Templeton ETF Trust - Franklin U.S. Equity Index ETF

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.

FAQ

DBOC is a US Equities ETF. The Innovator Double Stacker 9 Buffer ETF seeks to provide double upside exposures of 100% SPY + 100% QQQ, to a cap, and downside exposure to SPY, with a buffer 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. SPY is the SPDR S&P 500 ETF Trust, which tracks the S&P 500 Index. QQQ is the Invesco QQQ Trust, which tracks the Nasdaq-100 Index.

DBOC tracks the SPDR S&P 500 ETF Trust, Invesco QQQ Trust.

No, DBOC 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, DBOC 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 DBOC is 0.0067%. This is the percent change in the value of DBOC over the most recent 1-month period. The 3-month return on DBOC is 0.0225%. This is the percent change in the value of DBOC over the most recent 3-month period.

The standard deviation of DBOC for the past year is 0.0886%. 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 DBOC include DBJA, DSOC, and DSJA.

ETFs correlated to DBOC include PJAN, XDEC, and XBJL.

ETFs that are inversely correlated to DBOC include SPXU, SH, and SPDN.

Disclaimers

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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.