Snapshot*
Top 10 Holdings
What is UFEB?
The Innovator S&P 500 Ultra Buffer ETF seeks to track the return of the S&P 500 Price Return Index, up to a predetermined cap, while buffering investors against losses from -5% to -35% over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually.
ETFs related toUFEB
ETFs correlated to UFEB include GAUG, XAUG, GJUL
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 toUFEB
Diversify with Sin Stocks
SPY minimum drawdown
Create your own algorithmic trading strategy with UFEB using Composer
News Related to UFEB
Gold Tops Bitcoin As Inflation Hedge; Metals Exempt From Trump Tariffs As White House Eyes Industry Boost; Chinese Tech Giants Order $16B In Nvidia Chips Amid AI Boom – Top Headlines While The US Slept
Apr 3, 2025 • by Akanksha Bakshi
ISM Non-Manufacturing PMI For March 50.8 Vs 53.0 Est.; 53.5 Prior
Apr 3, 2025 • by Benzinga NewsdeskFAQ
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.