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ETFs

Innovator U.S. Equity Accelerated Plus ETF - October

XTOC
$--
Today’s Change
-- (--)

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)
$43,277
AUM
$12,290,000
Associated Index
SPDR S&P 500 ETF Trust
Inverse/Leveraged
Leveraged (3x)
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
SPY 09/29/2023 3.53 C
96.52%
n/a
SPY 09/29/2023 357.18 C
33.26%
n/a
Cash & Other
0.02%
n/a
SPY 09/29/2023 386.9 C
-29.80%
Invest with XTOC

What is XTOC?

The U.S. Equity Accelerated Plus ETF seeks to provide triple (3x) the upside return of SPY (SPDR S&P 500 ETF Trust), to a cap, with approximately single exposure to the downside, over an 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 toXTOC

ETFs correlated to XTOC include PJAN, XDEC, POCT

XTOC
Innovator ETFs Trust - Innovator U.S. Equity Accelerated Plus ETF - October
PJAN
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - January
XDEC
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - December
POCT
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - October
DECZ
Listed Funds Trust - TrueShares Structured Outcome (December) ETF
XBJL
Innovator ETFs Trust - Innovator U.S. Equity Accelerated 9 Buffer ETF - July
XSEP
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - September
FMAY
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - May
USPX
Franklin Templeton ETF Trust - Franklin U.S. Equity Index ETF
PBUS
Invesco Capital Management LLC - Invesco MSCI USA 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.

FAQ

XTOC is a US Equities ETF. The U.S. Equity Accelerated Plus ETF seeks to provide triple (3x) the upside return of SPY (SPDR S&P 500 ETF Trust), to a cap, with approximately single exposure to the downside, over an 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.

XTOC tracks the SPDR S&P 500 ETF Trust.

No, XTOC 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, XTOC 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 XTOC is 0.0076%. This is the percent change in the value of XTOC over the most recent 1-month period. The 3-month return on XTOC is 0.0252%. This is the percent change in the value of XTOC over the most recent 3-month period.

The standard deviation of XTOC for the past year is 0.1131%. 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 XTOC include DJUL, DAUG, and FAUG.

ETFs correlated to XTOC include PJAN, XDEC, and POCT.

ETFs that are inversely correlated to XTOC include SPXU, SPDN, and SPXS.

Yes, XTOC is a Leveraged (3x) ETF: This means that XTOC will try to match the performance of SPDR S&P 500 ETF Trust, but with 3x the returns.

Yes, XTOC is a Leveraged (3x) leveraged ETF: This means that {characteristics.Identifier} will try to match the performance of SPDR S&P 500 ETF 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.