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ETFs

Innovator S&P Investment Grade Preferred ETF

EPRF
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
May 24 2016
Expense Ratio
0.47%
Type
Preferred
Fund Owner
Innovator Management
Volume (1m avg. daily)
$364,514
AUM
$110,979,999
Associated Index
S&P U.S. High Quality Preferred Stock Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

ESGRP
Enstar Group Limited - FXDFR PRF PERPETUAL USD 25 - Ser D 1/1000th int
5.02%
LNC/PR/D
Lincoln National Corp. - 9% PRF PERPETUAL USD 25 - Ser D
4.75%
HIG/PR/G
Hartford Financial Services Group Inc. - 6% PRF PERPETUAL USD 25 - Ser G 1/1000 Dep sh
4.66%
AXS/PR/E
Axis Capital Holdings Ltd - 5.50% PRF PERPETUAL USD 25 - Ser E 1/100 sh
4.64%
NTRSO
Northern Trust Corp. - 4.70% PRF PERPETUAL USD 25 - DpSh Rp1/1000th Sr E
4.53%
GDV/PR/K
Gabelli Dividend & Income Trust - 4.25% PRF PERPETUAL USD 25 - Ser K
4.49%
BOH/PR/A
Bank of Hawaii Corp. - 4.375% PRF PERPETUAL USD 25 - Ser A 1/40th Int
4.39%
CFR/PR/B
Cullen Frost Bankers Inc. - 4.45% PRF PERPETUAL USD 25 - Ser B
4.27%
STT/PR/G
State Street Corp. - FXDFR PRF PERPETUAL USD 25 - Ser G
2.35%
STT/PR/D
State Street Corp. - FXDFR PRF PERPETUAL USD 25 - Ser D
2.33%
Invest with EPRF

What is EPRF?

The Innovator S&P Investment Grade Preferred ETF is based on the S&P U.S. High Quality Preferred Stock Index, which selects fixed-rate investment grade preferred issues (BBB- or higher) from U.S. listed preferred stocks and maintains an allocation of 75% to cumulative preferreds. The portfolio seeks to offer a high credit quality preferred allocation.

ETFs related toEPRF

ETFs correlated to EPRF include PSK, PGX, PFFD

EPRF
Innovator ETFs Trust II - Innovator S&P Investment Grade Preferred ETF
PSK
SPDR Series Trust - SPDR ICE Preferred Securities ETF
PGX
Invesco Capital Management LLC - Invesco Preferred ETF
PFFD
Global X Funds - Global X U.S. Preferred ETF
PFF
BlackRock Institutional Trust Company N.A. - iShares Trust iShares Preferred and Income Securities ETF
PGF
Invesco Capital Management LLC - Invesco Financial Preferred ETF
PFXF
VanEck ETF Trust - VanEck Preferred Securities ex Financials ETF
FPE
First Trust Exchange-Traded Fund III - First Trust Preferred Securities and Income ETF
PFFA
ETFis Series Trust I - Virtus InfraCap U.S. Preferred Stock ETF
VRP
Invesco Capital Management LLC - Invesco Variable Rate Preferred ETF
FXO
First Trust Exchange-Traded Fund III - First Trust Financials AlphaDEX Fund

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

EPRF is a Preferred ETF. The Innovator S&P Investment Grade Preferred ETF is based on the S&P U.S. High Quality Preferred Stock Index, which selects fixed-rate investment grade preferred issues (BBB- or higher) from U.S. listed preferred stocks and maintains an allocation of 75% to cumulative preferreds. The portfolio seeks to offer a high credit quality preferred allocation.

EPRF tracks the S&P U.S. High Quality Preferred Stock Index.

EPRF dividend information: Preferred Stock. Dividend payouts may vary in terms of frequency of payouts.

No, EPRF 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, EPRF 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 EPRF is 0.0067%. This is the percent change in the value of EPRF over the most recent 1-month period. The 3-month return on EPRF is -0.0198%. This is the percent change in the value of EPRF over the most recent 3-month period.

The standard deviation of EPRF for the past year is 0.1664%. 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 EPRF include QAI, PCEF, and MLPA.

ETFs correlated to EPRF include PSK, PGX, and PFFD.

ETFs that are inversely correlated to EPRF include FAZ, BNKD, and VIXM.

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.