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Innovator Growth Accelerated Plus ETF - October

QTOC
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Sep 30 2021
Expense Ratio
0.79%
Type
US Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$167,536
AUM
$12,006,000
Associated Index
Invesco QQQ Trust
Inverse/Leveraged
Leveraged (3x)
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

n/a
QQQ 09/29/2023 2.68 C
99.09%
n/a
QQQ 09/29/2023 267.27 C
36.28%
n/a
Cash & Other
0.17%
n/a
QQQ 09/29/2023 293.18 C
-35.54%
Invest with QTOC

What is QTOC?

The Innovator Growth Accelerated Plus ETF seeks to provide triple (3x) the upside return of QQQ (Invesco QQQ Trust), to a cap, with approximately single exposure to the downside, over a annual outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period. Innovator Defined Outcome ETFs are the first ETFs that allow investors to take advantage of market growth while maintaining defined levels of downside exposure. The ETFs are as tax-efficient as traditional ETFs due to a recent rule change allowing the in-kind trading of options.

ETFs related toQTOC

ETFs correlated to QTOC include QQQ, QLD, TQQQ

QTOC
Innovator ETFs Trust - Innovator Growth Accelerated Plus ETF - October
QQQ
Invesco Capital Management LLC - Invesco QQQ Trust Series 1
QLD
ProShares Trust - ProShares Ultra QQQ 2x Shares
TQQQ
ProShares Trust - ProShares UltraPro QQQ 3x Shares
QQQM
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 ETF
ILCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Growth ETF
ONEQ
Fidelity Covington Trust - Fidelity Nasdaq Composite Index ETF
SCHG
Schwab Strategic Trust - Schwab U.S. Large-Cap Growth ETF
IWF
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Growth ETF
TCHP
T. Rowe Price ExchangeTraded Funds Inc - T. Rowe Price Blue Chip Growth ETF
VONG
Vanguard Group, Inc. - Vanguard Russell 1000 Growth Index 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 toQTOC

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with QTOC using Composer

FAQ

QTOC is a US Equities ETF. The Innovator Growth Accelerated Plus ETF seeks to provide triple (3x) the upside return of QQQ (Invesco QQQ Trust), to a cap, with approximately single exposure to the downside, over a annual outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period. Innovator Defined Outcome ETFs are the first ETFs that allow investors to take advantage of market growth while maintaining defined levels of downside exposure. The ETFs are as tax-efficient as traditional ETFs due to a recent rule change allowing the in-kind trading of options.

QTOC tracks the Invesco QQQ Trust.

No, QTOC 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, QTOC 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 QTOC is 0.0298%. This is the percent change in the value of QTOC over the most recent 1-month period. The 3-month return on QTOC is 0.1138%. This is the percent change in the value of QTOC over the most recent 3-month period.

The standard deviation of QTOC for the past year is 0.2926%. 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 QTOC include QDEC, QSPT, and XDQQ.

ETFs correlated to QTOC include QQQ, QLD, and TQQQ.

ETFs that are inversely correlated to QTOC include PSQ, QID, and SQQQ.

Yes, QTOC is a Leveraged (3x) ETF: This means that QTOC will try to match the performance of Invesco QQQ Trust, but with 3x the returns.

Yes, QTOC is a Leveraged (3x) leveraged ETF: This means that {characteristics.Identifier} will try to match the performance of Invesco QQQ Trust, but move 3x in the opposite direction.

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.