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ETFs

Innovator Double Stacker ETF - October

DSOC
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Oct 01 2020
Expense Ratio
0.79%
Type
US Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$18,408
AUM
$4,350,000
Associated Index
SPDR S&P 500 ETF Trust, Invesco QQQ Trust
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
SPY 09/29/2023 3.6 C
95.89%
n/a
QQQ 09/29/2023 267.29 C
18.53%
n/a
Cash & Other
0.45%
n/a
SPY 09/29/2023 405.26 C
-4.99%
n/a
QQQ 09/29/2023 303.23 C
-9.88%
Invest with DSOC

What is DSOC?

The Innovator Double Stacker ETF seeks to provide double upside exposures of 100% SPY + 100% QQQ, to a cap, and downside exposure to SPY only over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually. SPY is the SPDR S&P 500 ETF Trust, which tracks the S&P 500 Index. QQQ is the Invesco QQQ Trust, which tracks the Nasdaq-100 Index.

ETFs related toDSOC

ETFs correlated to DSOC include BMAR, BKLC, FMAR

DSOC
Innovator ETFs Trust - Innovator Double Stacker ETF - October
BMAR
Innovator ETFs Trust - Innovator U.S. Equity Buffer ETF - March
BKLC
BNY Mellon ETF Trust - BNY Mellon US Large Cap Core Equity ETF
FMAR
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - March
FAPR
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - April
BBUS
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Equity ETF
VOTE
Engine No. 1 ETF Trust - Engine No. 1 Transform 500 ETF
IWL
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 ETF
MGC
Vanguard Group, Inc. - Vanguard Mega Cap 300 Index ETF
SFY
Tidal ETF Trust - SoFi Select 500 ETF
GSUS
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta U.S. Equity 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

DSOC is a US Equities ETF. The Innovator Double Stacker ETF seeks to provide double upside exposures of 100% SPY + 100% QQQ, to a cap, and downside exposure to SPY only over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually. SPY is the SPDR S&P 500 ETF Trust, which tracks the S&P 500 Index. QQQ is the Invesco QQQ Trust, which tracks the Nasdaq-100 Index.

DSOC tracks the SPDR S&P 500 ETF Trust, Invesco QQQ Trust.

No, DSOC 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, DSOC 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 DSOC is 0.008%. This is the percent change in the value of DSOC over the most recent 1-month period. The 3-month return on DSOC is 0.0671%. This is the percent change in the value of DSOC over the most recent 3-month period.

The standard deviation of DSOC for the past year is 0.2129%. 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 DSOC include DSJA, DBJA, and DBOC.

ETFs correlated to DSOC include BMAR, BKLC, and FMAR.

ETFs that are inversely correlated to DSOC include SPDN, SPXS, and SH.

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.