Innovator Laddered Allocation Power Buffer ETF
Top 10 Holdings
What is BUFF?
The Innovator Laddered Fund of S&P 500 Power Buffer ETFs tracks the Refinitiv Laddered Power Buffer Strategy Index.The Index is comprised of shares of each of the 12 Innovator S&P 500 Power Buffer ETFs. The Index is designed to ladder the 12 Innovator S&P 500 Power Buffer ETFs to provide upside to U.S. equities, subject to caps, while seeking to buffer against the first 15% of U.S. equity losses. Each of the 12 ETFs in the Index is assigned an equal weight and will rebalance on a semi-annual basis. On August 11, 2020, this Fund underwent several important changes, including a replacement of the underlying index, investment objective and strategy, and a change to the Fund name and ticker. Prior to this conversion, this Fund was known as the Innovator Lunt Low Vol/ High Beta Tactical ETF (LVHB), which tracked the Lunt Capital US Large Cap Equity Rotation Index.
ETFs related toBUFF
ETFs correlated to BUFF include SPLG, IYY, SCHK
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.
SPY minimum drawdown
Create your own algorithmic trading strategy with BUFF using Composer
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.