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Innovator U.S. Equity Power Buffer ETF - September

PSEP
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 03 2019
Expense Ratio
0.79%
Type
US Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$4,436,759
AUM
$645,524,000
Associated Index
S&P 500 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

n/a
SPY 08/31/2023 3.95 C
96.76%
n/a
SPY 08/31/2023 395.18 P
4.79%
n/a
Cash & Other
0.20%
n/a
SPY 08/31/2023 464.34 C
-0.28%
n/a
SPY 08/31/2023 335.9 P
-1.48%
Invest with PSEP

What is PSEP?

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.

ETFs related toPSEP

ETFs correlated to PSEP include STRV, GFEB, FSEP

PSEP
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - September
STRV
EA Series Trust - Strive 500 ETF
GFEB
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - February
FSEP
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF -September
PNOV
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - November
FAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - August
CVLC
Morgan Stanley ETF Trust - Calvert US Large-Cap Core Responsible Index ETF
FOCT
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF -October
FNOV
First Trust Exchange-Traded Fund VIII - First Trust Cboe Vest U.S. Equity Buffer ETF - November
PJAN
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - January
FDEC
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - December

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 toPSEP

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#HFEAR

Hedgefundie's Excellent Adventure Refined

Category

Balance Risk Not Assets, Lever Up, Composer's Picks

Risk Rating

Aggressive

Create your own algorithmic trading strategy with PSEP using Composer

FAQ

PSEP 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.

PSEP tracks the S&P 500 Index.

No, PSEP 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, PSEP 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 PSEP is -0.0038%. This is the percent change in the value of PSEP over the most recent 1-month period. The 3-month return on PSEP is 0.0239%. This is the percent change in the value of PSEP over the most recent 3-month period.

The standard deviation of PSEP for the past year is 0.1174%. 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 PSEP include POCT, SPUU, and SPY.

ETFs correlated to PSEP include STRV, GFEB, and FSEP.

ETFs that are inversely correlated to PSEP include SH, SDS, and SPDN.

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.