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ETFs

Innovator Double Stacker ETF - October

DSOC
$--
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)
$3,744
AUM
$4,040,000
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 3.6 C
95.06%
n/a
QQQ 09/29/2023 267.29 C
27.08%
n/a
Cash & Other
0.03%
n/a
SPY 09/29/2023 405.26 C
-5.74%
n/a
QQQ 09/29/2023 303.23 C
-16.43%
Invest with DSOC

What is DSOC?

The Innovator Double Stacker ETF seeks to provide double upside exposures of 100% SPY + 100% QQQ, to a cap, and downside exposure to SPY only 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 toDSOC

ETFs correlated to DSOC include PJAN, POCT, DECZ

DSOC
Innovator ETFs Trust - Innovator Double Stacker ETF - October
PJAN
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - January
POCT
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - October
DECZ
Listed Funds Trust - TrueShares Structured Outcome (December) ETF
BUFQ
First Trust Exchange-Traded Fund VIII - FT Cboe Vest Fund of Nasdaq-100 Buffer ETF
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
XSEP
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - September
VOTE
Engine No. 1 ETF Trust - Engine No. 1 Transform 500 ETF
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

DSOC is a US Equities ETF. The Innovator Double Stacker ETF seeks to provide double upside exposures of 100% SPY + 100% QQQ, to a cap, and downside exposure to SPY only 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.

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

No, DSOC 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, DSOC 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 DSOC is 0.0073%. This is the percent change in the value of DSOC over the most recent 1-month period. The 3-month return on DSOC is 0.0248%. This is the percent change in the value of DSOC over the most recent 3-month period.

The standard deviation of DSOC for the past year is 0.122%. 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 DSOC include DBJA, DBOC, and DSJA.

ETFs correlated to DSOC include PJAN, POCT, and DECZ.

ETFs that are inversely correlated to DSOC 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.