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ETFs

Innovator Gradient Tactical Rotation Strategy ETF

IGTR
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 17 2022
Expense Ratio
0.80%
Type
Global Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$744,269
AUM
$203,044,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

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BRK/B
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UNH
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Invest with IGTR

What is IGTR?

The Innovator Gradient Tactical Rotation Strategy ETF seeks to provide long term capital appreciation with an objective of providing excess returns over the S&P Global Broad Market Index. The Fund's strategy seeks to identify the global market segment displaying the strongest price momentum metrics. The strategy utilizes Gradient's rules-based, two-factor approach to create tactical investment opportunities.

ETFs related toIGTR

ETFs correlated to IGTR include GAUG, GJUL, XAUG

IGTR
Innovator ETFs Trust - Innovator Gradient Tactical Rotation Strategy ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
GJUN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - June
AUGW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Aug ETF
TCAF
T. Rowe Price ExchangeTraded Funds Inc - T. Rowe Price Capital Appreciation 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

IGTR is a Global Equities ETF. The Innovator Gradient Tactical Rotation Strategy ETF seeks to provide long term capital appreciation with an objective of providing excess returns over the S&P Global Broad Market Index. The Fund's strategy seeks to identify the global market segment displaying the strongest price momentum metrics. The strategy utilizes Gradient's rules-based, two-factor approach to create tactical investment opportunities.

Yes, IGTR is actively 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.

No, IGTR is not passively managed. It is actively 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 IGTR is -0.0089%. This is the percent change in the value of IGTR over the most recent 1-month period. The 3-month return on IGTR is 0.0041%. This is the percent change in the value of IGTR over the most recent 3-month period.

ETFs similar to IGTR include PBW, IGF, and ARKK.

ETFs correlated to IGTR include GAUG, GJUL, and XAUG.

ETFs that are inversely correlated to IGTR include SH, SPDN, 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.