Innovator Etfs Trust Etf Profile

XTJA Etf  USD 25.13  0.06  0.24%   

Performance

10 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
Innovator ETFs is trading at 25.13 as of the 17th of April 2024, a -0.24 percent decrease since the beginning of the trading day. The etf's open price was 25.19. Innovator ETFs has less than a 9 % chance of experiencing financial distress in the next few years and had a ok 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 18th of January 2024 and ending today, the 17th of April 2024. Click here to learn more.
The fund will invest at least 80 percent of its net assets in a portfolio of FLexible EXchange Options that reference the SPDR SP 500 ETF Trust , an exchange-traded fund registered under the Investment Company Act of 1940 . Innovator is traded on BATS Exchange in the United States.. More on Innovator ETFs Trust

Moving together with Innovator Etf

  1.0BUFR First Trust CboePairCorr
  0.98BUFD FT Cboe VestPairCorr
  1.0PSEP Innovator SP 500PairCorr
  1.0PJAN Innovator SP 500PairCorr
  1.0PAUG Innovator Equity PowerPairCorr
  1.0VTI Vanguard Total StockPairCorr
  0.93SPY SPDR SP 500PairCorr

Moving against Innovator Etf

  0.49CSCO Cisco Systems Fiscal Quarter End 30th of April 2024 PairCorr
Innovator ETFs Trust cannot be verified against its exchange. It looks like Innovator ETFs is not available for investing at the moment. Please verify the symbol is currently traded on BATS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
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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 ConcentrationSize And Style ETFs, Large Cap ETFs, Options Trading, Innovator ETFs (View all Sectors)
IssuerInnovator Capital Management
Inception Date2022-01-03
BenchmarkSPDR S&P 500 ETF Trust
Entity TypeRegulated Investment Company
Asset Under Management20.8 Million
Asset TypeEquity
CategorySize and Style
FocusLarge Cap
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorU.S. Bancorp Fund Services, LLC
AdvisorInnovator Capital Management, LLC
CustodianU.S. Bank, N.A.
DistributorForeside Fund Services, LLC
Portfolio ManagerRobert T. Cummings, Yin Bhuyan
Transfer AgentU.S. Bancorp Fund Services, LLC
Fiscal Year End31-Oct
ExchangeCboe BZX Exchange, Inc.
Number of Constituents4.0
Market MakerSusquehanna
Total Expense0.79
Management Fee0.79
Country NameUSA
Returns Y T D4.53
Currency CodeUSD
Open FigiBBG01462XKH0
1y Volatility5.72
200 Day M A23.9743
50 Day M A25.3267
CodeXTJA
Updated At17th of April 2024
Currency NameUS Dollar
TypeETF
Innovator ETFs Trust [XTJA] is traded in USA and was established 2021-12-31. The fund is listed under Options Trading category and is part of Innovator ETFs family. The entity is thematically classified as Size And Style ETFs. Innovator ETFs Trust at this time have 5.05 M in net assets. , while the total return for the last year was 16.9%.
Check Innovator ETFs Probability Of Bankruptcy

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.

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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.

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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 Your Current Watchlist 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 various price indices.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.