Innovator Sp 500 Etf Profile
| BAPR Etf | USD 39.01 0.35 0.89% |
Performance8 of 100
| Odds Of DistressLess than 9
|
Innovator is selling at 39.01 as of the 16th of April 2024; that is -0.89 percent decrease since the beginning of the trading day. The etf's lowest day price was 38.93. Innovator has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Innovator SP 500 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 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 SPDR SP 500 ETF Trust. Innovator is traded on BATS Exchange in the United States. More on Innovator SP 500
Moving together with Innovator Etf
| 0.92 | BUFR | First Trust Cboe | PairCorr |
| 0.93 | BUFD | FT Cboe Vest | PairCorr |
| 0.95 | PSEP | Innovator SP 500 | PairCorr |
| 0.96 | PJAN | Innovator SP 500 | PairCorr |
| 0.95 | ACIO | Aptus Collared me | PairCorr |
| 0.94 | PJUL | Innovator SP 500 | PairCorr |
Moving against Innovator Etf
| 0.7 | 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's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Innovator 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 | Size And Style ETFs, Large Cap ETFs, Options Trading, Innovator ETFs (View all Sectors) |
| Issuer | Innovator Capital Management |
| Inception Date | 2019-04-01 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 217.58 Million |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | 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, Daniel S. Hare, Hayley M. Peppers |
| Transfer Agent | U.S. Bank, N.A. |
| Fiscal Year End | 31-Oct |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 5.0 |
| Market Maker | Susquehanna |
| Total Expense | 0.79 |
| Management Fee | 0.79 |
| Country Name | USA |
| Returns Y T D | 3.0 |
| Name | Innovator SP 500 Buffer ETF - April New |
| Currency Code | USD |
| Open Figi | BBG00NR9PSK9 |
| In Threey Volatility | 12.01 |
| 1y Volatility | 10.05 |
| 200 Day M A | 37.2086 |
| 50 Day M A | 39.6628 |
| Code | BAPR |
| Updated At | 16th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.62 |
| Type | ETF |
Innovator SP 500 [BAPR] is traded in USA and was established 2019-03-29. 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 SP 500 currently have 112.77 M in assets under management (AUM). , while the total return for the last 3 years was 8.6%.
Check Innovator 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 SP 500 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 SP 500 Etf Constituents
| Spy 03/31/2022 451.82 C | 2.73% |
| Spy 03/31/2022 360.66 P | 2.4500001% |
| Spy 03/31/2022 396.34 P | 4.01% |
| Spy 03/31/2022 3.18 C | 100.44999% |
| Option On Spdr® S&P 500 Etf Trust Mar23 | 1.66% |
Innovator Target Price Odds Analysis
In regard to a normal probability distribution, the odds of Innovator jumping above the current price in 90 days from now is about 78.93%. The Innovator SP 500 probability density function shows the probability of Innovator etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Innovator has a beta of 0.397 suggesting as returns on the market go up, Innovator average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Innovator SP 500 will be expected to be much smaller as well. Additionally, innovator SP 500 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 to move above the current price in 90 days from now is about 78.93 (This Innovator SP 500 probability density function shows the probability of Innovator Etf to fall within a particular range of prices over 90 days) .
Innovator Top Holders
| BUFB | Innovator Laddered Allocation | Etf | Options Trading |
Innovator SP 500 Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Innovator market risk premium is the additional return an investor will receive from holding Innovator 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. 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's alpha and beta are two of the key measurements used to evaluate Innovator's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0407 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.08) |
Innovator Against Markets
Picking the right benchmark for Innovator 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 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 is critical whether you are bullish or bearish towards Innovator SP 500 at a given time. Please also check how Innovator's 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 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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| All Next | Launch Module |
How to buy Innovator Etf?
Before investing in Innovator, 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. To buy Innovator etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Innovator. 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 etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Innovator SP 500 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 SP 500 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 SP 500, 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 guide.
Already Invested in Innovator SP 500?
The danger of trading Innovator SP 500 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 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. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Innovator SP 500 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 SP 500 is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Innovator Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Innovator Sp 500 Etf. Highlighted below are key reports to facilitate an investment decision about Innovator Sp 500 Etf: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Innovator SP 500. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of Innovator SP 500 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's value that differs from its market value or its book value, called intrinsic value, which is Innovator's 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's market value can be influenced by many factors that don't directly affect Innovator's 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's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator's 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.