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ETFs

Innovator Hedged TSLA Strategy ETF

TSLH
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 26 2022
Expense Ratio
0.79%
Type
US Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$11,640
AUM
$2,080,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
UNITED STATES TREAS BILLS 09/28/2023
95.16%
n/a
TSLA 09/29/2023 236.36 C
4.88%
n/a
Cash & Other
0.00%
n/a
TSLA 09/29/2023 291.51 C
-0.04%
Invest with TSLH

What is TSLH?

Innovator Hedged TSLA Strategy ETF seeks to track the upside performance of Tesla, Inc. (TSLA), to a cap, while seeking to provide a Floor against a loss of 10 percent, over the outcome period. The Sub-Adviser intends to pursue the Fund's investment objective through the combination of investments in a Treasury Portfolio comprised of U.S. Treasury Bills and an Options Portfolio comprised of FLexible EXchange Options ("FLEX Options") that reference TSLA with approximately three-month expiration dates.

ETFs related toTSLH

ETFs correlated to TSLH include TSLR, TSL, TSLL

TSLH
Innovator ETFs Trust - Innovator Hedged TSLA Strategy ETF
TSLR
GraniteShares ETF Trust - GraniteShares 1.75x Long TSLA Daily ETF
TSL
GraniteShares ETF Trust - GraniteShares 1.25x Long Tesla Daily ETF
TSLL
Direxion Shares ETF Trust - Direxion Daily TSLA Bull 1.5X Shares
TSLY
Tidal Trust II - YieldMax TSLA Option Income Strategy ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
XLY
SSgA Active Trust - Consumer Discretionary Select Sector SPDR
ARKQ
ARK Investment Management LLC - ARK Autonomous Technology & Robotics ETF
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July
VCR
Vanguard Group, Inc. - Vanguard Consumer Discretionary 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 toTSLH

#PTS

Pick the Trending Sector

Category

Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with TSLH using Composer

FAQ

TSLH is a US Equities ETF. Innovator Hedged TSLA Strategy ETF seeks to track the upside performance of Tesla, Inc. (TSLA), to a cap, while seeking to provide a Floor against a loss of 10 percent, over the outcome period. The Sub-Adviser intends to pursue the Fund's investment objective through the combination of investments in a Treasury Portfolio comprised of U.S. Treasury Bills and an Options Portfolio comprised of FLexible EXchange Options ("FLEX Options") that reference TSLA with approximately three-month expiration dates.

Yes, TSLH is actively 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.

No, TSLH is not passively managed. It is actively 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 TSLH is 0.0136%. This is the percent change in the value of TSLH over the most recent 1-month period. The 3-month return on TSLH is -0.0375%. This is the percent change in the value of TSLH over the most recent 3-month period.

The standard deviation of TSLH for the past year is 0.1752%. 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 TSLH include XLI, XLV, and XLE.

ETFs correlated to TSLH include TSLR, TSL, and TSLL.

ETFs that are inversely correlated to TSLH include TSLQ, TSLS, and SARK.

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.