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ETFs

Innovator IBD 50 ETF

FFTY
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 09 2015
Expense Ratio
0.80%
Type
US Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$861,779
AUM
$76,593,000
Associated Index
IBD 50 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

RMBS
Rambus Inc.
3.91%
ACLS
Axcelis Technologies Inc
3.89%
MNDY
Monday.Com Ltd
3.48%
DUOL
Duolingo Inc - Ordinary Shares - Class A
3.48%
PHM
PulteGroup Inc
3.47%
SYM
Symbotic Inc - Ordinary Shares - Class A
3.42%
SWAV
ShockWave Medical Inc
3.36%
WING
Wingstop Inc
3.35%
INSP
Inspire Medical Systems Inc
3.35%
DKNG
DraftKings Inc. - Ordinary Shares - Class A
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 DWAS, VFMO, PDP

FFTY
Innovator Management LLC - Innovator IBD 50 ETF
DWAS
Invesco Capital Management LLC - Invesco DWA SmallCap Momentum ETF
VFMO
Vanguard Group, Inc. - Vanguard U.S. Momentum Factor ETF
PDP
Invesco Capital Management LLC - Invesco DWA Momentum ETF
FPX
First Trust Exchange-Traded Fund III - First Trust US Equity Opportunities ETF
AVLV
American Century ETF Trust - Avantis U.S. Large Cap Value ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
FCTR
First Trust Exchange-Traded Fund - First Trust Lunt U.S. Factor Rotation ETF
SMLF
BlackRock Institutional Trust Company N.A. - iShares U.S. Small-Cap Equity Factor ETF
SECT
Northern Lights Fund Trust IV - Main Sector Rotation ETF
FV
First Trust Exchange-Traded Fund III - First Trust Dorsey Wright Focus 5 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

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

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 -0.002%. This is the percent change in the value of FFTY over the most recent 1-month period. The 3-month return on FFTY is -0.0045%. 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 0.2672%. 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 SUSA, IGE, and DSI.

ETFs correlated to FFTY include DWAS, VFMO, and PDP.

ETFs that are inversely correlated to FFTY include RWM, SRTY, and TZA.

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.