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ETFs

Innovator Emerging Markets Power Buffer ETF-October

EOCT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 30 2021
Expense Ratio
0.89%
Type
Global Ex. US Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$45,763
AUM
$27,360,000
Associated Index
iShares MSCI EM ETF
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
EEM 09/29/2023 0.35 C
99.93%
n/a
Cash & Other
0.07%
n/a
EEM 09/29/2023 34.88 P
0.04%
n/a
EEM 09/29/2023 29.65 P
-0.02%
n/a
EEM 09/29/2023 43.65 C
-0.03%
Invest with EOCT

What is EOCT?

The Innovator Emerging Markets Power Buffer ETF seeks to track the return of the iShares MSCI EM ETF (EEM), up to a predetermined cap, while buffering investors against the first 15% of losses over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually. Innovator Defined Outcome ETFs are the first ETFs that allow investors to take advantage of market growth while maintaining defined levels of buffers against loss. The ETFs are as tax-efficient as traditional ETFs due to a recent rule change allowing the in-kind trading of options.

ETFs related toEOCT

ETFs correlated to EOCT include EEM, IEMG, EDC

EOCT
Innovator ETFs Trust - Innovator Emerging Markets Power Buffer ETF - October
EEM
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets ETF
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets ETF
EDC
Direxion Shares ETF Trust - Direxion Daily Emerging Markets Bull 3X Shares
ESGE
iShares Trust - iShare Inc iShares ESG Aware MSCI EM ETF
VWO
Vanguard Group, Inc. - Vanguard FTSE Emerging Markets ETF
SCHE
Schwab Strategic Trust - Schwab Emerging Markets Equity ETF
SPEM
SSgA Active Trust - SPDR Portfolio Emerging Markets ETF
XSOE
WisdomTree Trust - WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
DFAE
Dimensional ETF Trust - Dimensional Emerging Core Equity Market ETF
AVEM
American Century ETF Trust - Avantis Emerging Markets 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.

Automated Strategies
Related toEOCT

#PTI

Pick the Trending Index

Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

#EMH

Emerging Markets with a Bond Hedge

Category

Momentum, Be Risk Aware, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with EOCT using Composer

FAQ

EOCT is a Global Ex. US Equities ETF. The Innovator Emerging Markets Power Buffer ETF seeks to track the return of the iShares MSCI EM ETF (EEM), up to a predetermined cap, while buffering investors against the first 15% of losses over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually. Innovator Defined Outcome ETFs are the first ETFs that allow investors to take advantage of market growth while maintaining defined levels of buffers against loss. The ETFs are as tax-efficient as traditional ETFs due to a recent rule change allowing the in-kind trading of options.

EOCT tracks the iShares MSCI EM ETF.

No, EOCT 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, EOCT 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 EOCT is -0.0163%. This is the percent change in the value of EOCT over the most recent 1-month period. The 3-month return on EOCT is -0.0286%. This is the percent change in the value of EOCT over the most recent 3-month period.

The standard deviation of EOCT for the past year is 0.1283%. 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 EOCT include EAPR, QQH, and RODM.

ETFs correlated to EOCT include EEM, IEMG, and EDC.

ETFs that are inversely correlated to EOCT include EDZ, YANG, and EFZ.

Disclaimers

*

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.