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ETFs

Innovator IBD 50 ETF

FFTY
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 9, 2015
Expense Ratio
0.80%
Type
US Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$1,269,059
AUM
$85,917,000
Associated Index
IBD 50 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

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ACM Research Inc - Ordinary Shares - Class A
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Apollo Global Management Inc - Ordinary Shares - Class A (New)
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FTAI
FTAI Aviation Ltd - Ordinary Shares - Class A
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Duolingo Inc - Ordinary Shares - Class A
3.48%
GSHD
Goosehead Insurance Inc - Ordinary Shares - Class A
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RELY
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ADBE
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DraftKings Inc. - Ordinary Shares - Class A
3.30%
CELH
Celsius Holdings Inc
3.30%
Invest with FFTY

What is FFTY?

Innovator IBD 50 ETF is an exchange-traded fund actively managed and will generally hold all of the companies included in the IBD 50 Index other than during periods when the Fund is rebalanced due to changes in the constitution of the IBD 50 Index. The Fund will not invest in the IBD 50 Index companies in the same proportion as reflected in the Index. Innovator IBD 50 ETF invests in the Top 50 growth stocks as selected by IBD.

ETFs related toFFTY

ETFs correlated to FFTY include LGRO, XAUG, FPX

FFTY
Innovator Management LLC - Innovator IBD 50 ETF
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
FPX
First Trust Exchange-Traded Fund III - First Trust US Equity Opportunities ETF
VFMO
Vanguard Group, Inc. - Vanguard U.S. Momentum Factor ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
FNY
First Trust Exchange-Traded Fund III - First Trust Mid Cap Growth AlphaDEX Fund
PDP
Invesco Capital Management LLC - Invesco Dorsey Wright Momentum ETF
AUGW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Aug ETF
FYC
First Trust Exchange-Traded Fund III - First Trust Small Cap Growth AlphaDEX Fund
DWAS
Invesco Capital Management LLC - Invesco Dorsey Wright SmallCap Momentum 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 toFFTY

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with FFTY using Composer

FAQ

FFTY is a US Equities ETF. Innovator IBD 50 ETF is an exchange-traded fund actively managed and will generally hold all of the companies included in the IBD 50 Index other than during periods when the Fund is rebalanced due to changes in the constitution of the IBD 50 Index. The Fund will not invest in the IBD 50 Index companies in the same proportion as reflected in the Index. Innovator IBD 50 ETF invests in the Top 50 growth stocks as selected by IBD.

FFTY tracks the IBD 50 Index.

No, FFTY 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, FFTY 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 FFTY is -0.0259%. This is the percent change in the value of FFTY over the most recent 1-month period. The 3-month return on FFTY is -0.0743%. This is the percent change in the value of FFTY over the most recent 3-month period.

The standard deviation of FFTY for the past year is 0.2384%. 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 FFTY include SPHQ, DSI, and QUAL.

ETFs correlated to FFTY include LGRO, XAUG, and FPX.

ETFs that are inversely correlated to FFTY include HIBS, SH, and SDS.

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.