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ETFs

Innovator Growth Accelerated Plus ETF - October

QTOC
$--
Today’s Change
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Snapshot
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Inception Date
Sep 30 2021
Expense Ratio
0.79%
Type
US Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$301,102
AUM
$11,535,000
Associated Index
Invesco QQQ Trust
Inverse/Leveraged
Leveraged (3x)
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
QQQ 09/29/2023 2.68 C
104.13%
n/a
QQQ 09/29/2023 267.27 C
53.42%
n/a
Cash & Other
-0.13%
n/a
QQQ 09/29/2023 293.18 C
-57.42%
Invest with QTOC

What is QTOC?

The Innovator Growth Accelerated Plus ETF seeks to provide triple (3x) the upside return of QQQ (Invesco QQQ Trust), to a cap, with approximately single exposure to the downside, over a annual outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period. Innovator Defined Outcome ETFs are the first ETFs that allow investors to take advantage of market growth while maintaining defined levels of downside exposure. The ETFs are as tax-efficient as traditional ETFs due to a recent rule change allowing the in-kind trading of options.

ETFs related toQTOC

ETFs correlated to QTOC include BUFQ, QSPT, NJUL

QTOC
Innovator ETFs Trust - Innovator Growth Accelerated Plus ETF - October
BUFQ
First Trust Exchange-Traded Fund VIII - FT Cboe Vest Fund of Nasdaq-100 Buffer ETF
QSPT
First Trust Exchange-Traded Fund VIII - FT Cboe Vest Nasdaq-100 Buffer ETF - September
NJUL
Innovator ETFs Trust - Innovator Growth-100 Power Buffer ETF - July
SPYG
SPDR Series Trust - SPDR Portfolio S&P 500 Growth ETF
IVW
BlackRock Institutional Trust Company N.A. - iShares S&P 500 Growth ETF
VOOG
Vanguard Group, Inc. - Vanguard S&P 500 Growth ETF
QJUN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest Nasdaq-100 Buffer ETF - June
IUSG
BlackRock Institutional Trust Company N.A. - iShares Core S&P U.S.Growth ETF
PJAN
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - January
JEPQ
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Nasdaq Equity Premium Income 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.

Automated Strategies
Related toQTOC

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with QTOC using Composer

FAQ

QTOC is a US Equities ETF. The Innovator Growth Accelerated Plus ETF seeks to provide triple (3x) the upside return of QQQ (Invesco QQQ Trust), to a cap, with approximately single exposure to the downside, over a annual outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period. Innovator Defined Outcome ETFs are the first ETFs that allow investors to take advantage of market growth while maintaining defined levels of downside exposure. The ETFs are as tax-efficient as traditional ETFs due to a recent rule change allowing the in-kind trading of options.

QTOC tracks the Invesco QQQ Trust.

No, QTOC 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, QTOC 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 QTOC is 0.0065%. This is the percent change in the value of QTOC over the most recent 1-month period. The 3-month return on QTOC is 0.0204%. This is the percent change in the value of QTOC over the most recent 3-month period.

The standard deviation of QTOC for the past year is 0.1538%. 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 QTOC include QTAP, QMAR, and XDQQ.

ETFs correlated to QTOC include BUFQ, QSPT, and NJUL.

ETFs that are inversely correlated to QTOC include QID, SQQQ, and PSQ.

Yes, QTOC is a Leveraged (3x) ETF: This means that QTOC will try to match the performance of Invesco QQQ Trust, but with 3x the returns.

Yes, QTOC is a Leveraged (3x) leveraged ETF: This means that {characteristics.Identifier} will try to match the performance of Invesco QQQ Trust, but move 3x in the opposite direction.

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.