Innovator Etfs Trust Etf Profile
| IOCT Etf | USD 28.39 0.05 0.18% |
Performance11 of 100
| Odds Of DistressLess than 9
|
Innovator ETFs is selling for under 28.39 as of the 16th of April 2024; that is -0.18 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 28.35. Innovator ETFs has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Innovator ETFs Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of January 2024 and ending today, the 16th of April 2024. Click here to learn more.
The fund invests at least 80 percent of its net assets in FLexible EXchange Options that reference the iShares MSCI EAFE ETF. Innovator International is traded on NYSEARCA Exchange in the United States. More on Innovator ETFs Trust
Moving together with Innovator Etf
| 0.93 | BUFR | First Trust Cboe | PairCorr |
| 0.95 | BUFD | FT Cboe Vest | PairCorr |
| 0.95 | PSEP | Innovator SP 500 | PairCorr |
| 0.94 | PJAN | Innovator SP 500 | PairCorr |
| 0.95 | ACIO | Aptus Collared me | PairCorr |
| 0.94 | PJUL | Innovator SP 500 | PairCorr |
Moving against Innovator Etf
| 0.77 | CCOR | Core Alternative ETF | PairCorr |
Innovator Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Innovator ETFs' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Innovator ETFs or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Developed Markets Basket ETFs, Options Trading, Innovator ETFs (View all Sectors) |
| Issuer | Innovator Capital Management |
| Inception Date | 2021-10-01 |
| Benchmark | iShares MSCI EAFE ETF |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 112.57 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Developed Markets Basket |
| Market Concentration | Developed Markets |
| Region | Global ex-North America |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Innovator Capital Management LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Robert T. Cummings, Yin Bhuyan |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 5.0 |
| Market Maker | Susquehanna |
| Total Expense | 0.85 |
| Management Fee | 0.85 |
| Country Name | USA |
| Returns Y T D | 1.61 |
| Currency Code | USD |
| Open Figi | BBG012S32MD2 |
| 1y Volatility | 6.47 |
| 200 Day M A | 27.101 |
| 50 Day M A | 28.4909 |
| Code | IOCT |
| Updated At | 16th of April 2024 |
| Currency Name | US Dollar |
| Type | ETF |
Innovator ETFs Trust [IOCT] is traded in USA and was established 2021-09-30. The fund is listed under Options Trading category and is part of Innovator ETFs family. The entity is thematically classified as Strategy ETFs. Innovator ETFs Trust currently have 13.41 M in assets under management (AUM). , while the total return for the last year was 11.4%.
Check Innovator ETFs Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Innovator Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Innovator Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Innovator ETFs Trust Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Innovator ETFs Trust Etf Constituents
| Efa 09/30/2022 0.62 C | 188.32% |
| Efa 09/30/2022 78.01 P | 31.02% |
| Efa 09/30/2022 66.31 P | 9.39% |
| Efa 09/30/2022 85.81 C | 1.56% |
Innovator ETFs Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of Innovator ETFs jumping above the current price in 90 days from now is about 43.82%. The Innovator ETFs Trust probability density function shows the probability of Innovator ETFs etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Innovator ETFs has a beta of 0.541. This usually indicates as returns on the market go up, Innovator ETFs average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Innovator ETFs Trust will be expected to be much smaller as well. Additionally, innovator ETFs Trust has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Innovator ETFs to move above the current price in 90 days from now is about 43.82 (This Innovator ETFs Trust probability density function shows the probability of Innovator Etf to fall within a particular range of prices over 90 days) .
Innovator ETFs Trust Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Innovator ETFs market risk premium is the additional return an investor will receive from holding Innovator ETFs long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Innovator ETFs. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Innovator ETFs' alpha and beta are two of the key measurements used to evaluate Innovator ETFs' performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0505 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.06) |
Innovator ETFs Against Markets
Picking the right benchmark for Innovator ETFs etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Innovator ETFs etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Innovator ETFs is critical whether you are bullish or bearish towards Innovator ETFs Trust at a given time. Please also check how Innovator ETFs' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Innovator ETFs without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Innovator Etf?
Before investing in Innovator ETFs, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Innovator ETFs. To buy Innovator ETFs etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Innovator ETFs. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Innovator ETFs etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Innovator ETFs Trust etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Innovator ETFs Trust etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Innovator ETFs Trust, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Innovator Etf please use our How to Invest in Innovator ETFs guide.
Already Invested in Innovator ETFs Trust?
The danger of trading Innovator ETFs Trust is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Innovator ETFs is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Innovator ETFs. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Innovator ETFs Trust is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Innovator ETFs Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Innovator ETFs' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Innovator Etfs Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Innovator Etfs Trust Etf: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innovator ETFs Trust. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Innovator ETFs Trust information on this page should be used as a complementary analysis to other Innovator ETFs' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of Innovator ETFs Trust is measured differently than its book value, which is the value of Innovator that is recorded on the company's balance sheet. Investors also form their own opinion of Innovator ETFs' value that differs from its market value or its book value, called intrinsic value, which is Innovator ETFs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Innovator ETFs' market value can be influenced by many factors that don't directly affect Innovator ETFs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Innovator ETFs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator ETFs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator ETFs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.