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Innovator U.S. Equity Accelerated ETF - Quarterly

XDSQ
$--
Today’s Change
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Snapshot
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Inception Date
Apr 01 2021
Expense Ratio
0.79%
Type
US Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$732,802
AUM
$68,780,250
Associated Index
SPDR S&P 500 ETF Trust
Inverse/Leveraged
Leveraged (2x)
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

n/a
SPY 09/29/2023 1.12 C
99.90%
n/a
Cash & Other
0.07%
n/a
SPY 09/29/2023 443.28 C
0.04%
n/a
SPY 09/29/2023 456.05 C
0.00%
Invest with XDSQ

What is XDSQ?

The Innovator U.S. Equity Accelerated ETF seeks to provide double (2x) the upside return of SPY (SPDR S&P 500 ETF Trust), to a cap, with approximately single exposure to the downside, over a quarterly outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period.

ETFs related toXDSQ

ETFs correlated to XDSQ include GAUG, AUGW, GJUL

XDSQ
Innovator ETFs Trust - Innovator U.S. Equity Accelerated ETF - Quarterly
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
AUGW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Aug ETF
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
XBJL
Innovator ETFs Trust - Innovator U.S. Equity Accelerated 9 Buffer ETF - July
DSEP
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Deep Buffer ETF - September
FFEB
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - February
PDEC
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - December
PJUL
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - July

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

XDSQ is a US Equities ETF. The Innovator U.S. Equity Accelerated ETF seeks to provide double (2x) the upside return of SPY (SPDR S&P 500 ETF Trust), to a cap, with approximately single exposure to the downside, over a quarterly outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period.

XDSQ tracks the SPDR S&P 500 ETF Trust.

No, XDSQ 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, XDSQ 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 XDSQ is -0.0167%. This is the percent change in the value of XDSQ over the most recent 1-month period. The 3-month return on XDSQ is -0.0252%. This is the percent change in the value of XDSQ over the most recent 3-month period.

The standard deviation of XDSQ for the past year is 0.1397%. 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 XDSQ include DJUL, DAUG, and FAUG.

ETFs correlated to XDSQ include GAUG, AUGW, and GJUL.

ETFs that are inversely correlated to XDSQ include SPDN, SDS, and SH.

Yes, XDSQ is a Leveraged (2x) ETF: This means that XDSQ will try to match the performance of SPDR S&P 500 ETF Trust, but with 2x the returns.

Yes, XDSQ is a Leveraged (2x) leveraged ETF: This means that {characteristics.Identifier} will try to match the performance of SPDR S&P 500 ETF Trust, but move 2x 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.

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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.