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ETFs

Innovator U.S. Small Cap Power Buffer ETF - October

KOCT
$--
Today’s Change
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Snapshot
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Inception Date
Oct 01 2019
Expense Ratio
0.79%
Type
US Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$124,984
AUM
$52,480,000
Associated Index
Russell 2000 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
IWM 09/29/2023 1.65 C
99.75%
n/a
Cash & Other
0.19%
n/a
IWM 09/29/2023 164.92 P
0.07%
n/a
IWM 09/29/2023 140.18 P
0.00%
n/a
IWM 09/29/2023 205 C
0.00%
Invest with KOCT

What is KOCT?

The Innovator Russell 2000 Power Buffer ETF seeks to track the price return of the Russell 2000, 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.

ETFs related toKOCT

ETFs correlated to KOCT include VTWO, UWM, URTY

KOCT
Innovator ETFs Trust - Innovator U.S. Small Cap Power Buffer ETF - October
VTWO
Vanguard Group, Inc. - Vanguard Russell 2000 Index ETF
UWM
ProShares Trust - ProShares Ultra Russell 2000 2X Shares
URTY
ProShares Trust - ProShares UltraPro Russell2000 3x Shares
PRFZ
Invesco Capital Management LLC - Invesco FTSE RAFI US 1500 Small-Mid ETF
TNA
Direxion Shares ETF Trust - Direxion Dialy Small Cap Bull 3X Shares
IWM
BlackRock Institutional Trust Company N.A. - iShares Russell 2000 ETF
BBSC
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Small Cap Equity ETF
IWN
BlackRock Institutional Trust Company N.A. - iShares Russell 2000 Value ETF
AVSC
American Century ETF Trust - Avantis U.S Small Cap Equity ETF
ESML
BlackRock Institutional Trust Company N.A. - iShares ESG Aware MSCI USA Small-Cap 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

KOCT is a US Equities ETF. The Innovator Russell 2000 Power Buffer ETF seeks to track the price return of the Russell 2000, 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.

KOCT tracks the Russell 2000 Index.

No, KOCT 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, KOCT 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 KOCT is -0.0506%. This is the percent change in the value of KOCT over the most recent 1-month period. The 3-month return on KOCT is -0.0289%. This is the percent change in the value of KOCT over the most recent 3-month period.

The standard deviation of KOCT for the past year is 0.1425%. 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 KOCT include IWML, KAPR, and KJAN.

ETFs correlated to KOCT include VTWO, UWM, and URTY.

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

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.