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ETFs

Innovator U.S. Equity Power Buffer ETF - October

POCT
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Oct 1, 2018
Expense Ratio
0.79%
Type
US Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$1,465,450
AUM
$396,864,000
Associated Index
S&P 500 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

—
SPY 09/29/2023 3.57 C
100.58%
—
Cash & Other
0.19%
—
SPY 09/29/2023 357.18 P
0.02%
—
SPY 09/29/2023 303.6 P
-0.01%
—
SPY 09/29/2023 431.22 C
-0.78%
Invest with POCT
Trade POCT Options

What is POCT?

The Innovator S&P 500 Power Buffer ETF seeks to track the return of the S&P 500 Price Return Index, 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. The Fund invests at least 80% of its net assets in FLexible EXchange Options ( FLEX Options ) that reference the S&P 500 Price Return Index ( S&P 500 Price Index ). FLEX Options are exchange-traded options contracts with uniquely customizable terms. Although guaranteed for settlement by the Options Clearing Corporation (the OCC ), FLEX Options are still subject to counterparty risk with the OCC and may be less liquid than more traditional exchange-traded options.

1M
3M
6M
YTD
1Y
3Y
Max
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POCT
Performance Measures**

for the time period Oct 1, 2018 to Dec 4, 2025

Returns

1M Trailing Return: 1.0%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 2.6%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -18.8%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 10.4%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.85

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.46

The annualized return divided by the max drawdown for the selected time period.

ETFs related toPOCT

ETFs correlated to POCT include SPY, IWB, SSO

POCT
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - October
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
IWB
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 ETF
SSO
ProShares Trust - ProShares Ultra S&P500 2x Shares
VOTE
Engine No. 1 ETF Trust - Engine No. 1 Transform 500 ETF
SPXL
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
SCHB
Schwab Strategic Trust - Schwab U.S. Broad Market ETF
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF
GSUS
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta U.S. Equity ETF
UPRO
ProShares Trust - ProShares UltraPro S&P 500 ETF 3x Shares

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

POCT is a US Equities ETF. The Innovator S&P 500 Power Buffer ETF seeks to track the return of the S&P 500 Price Return Index, 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. The Fund invests at least 80% of its net assets in FLexible EXchange Options ( FLEX Options ) that reference the S&P 500 Price Return Index ( S&P 500 Price Index ). FLEX Options are exchange-traded options contracts with uniquely customizable terms. Although guaranteed for settlement by the Options Clearing Corporation (the OCC ), FLEX Options are still subject to counterparty risk with the OCC and may be less liquid than more traditional exchange-traded options.

POCT tracks the S&P 500 Index.

No, POCT 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, POCT 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 POCT is 0.0107%. This is the percent change in the value of POCT over the most recent 1-month period. The 3-month return on POCT is 0.0259%. This is the percent change in the value of POCT over the most recent 3-month period.

The standard deviation of POCT for the past year is 0.0818%. 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 POCT include UAPR, UAUG, and ACIO.

ETFs correlated to POCT include SPY, IWB, and SSO.

ETFs that are inversely correlated to POCT include SPXU, SPXS, 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.