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ETFs

Innovator U.S. Equity Accelerated 9 Buffer ETF - October

XBOC
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Sep 30, 2021
Expense Ratio
0.79%
Type
US Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$492,181
AUM
$43,131,000
Associated Index
SPDR S&P 500 ETF Trust
Inverse/Leveraged
Leveraged (2x)
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

—
SPY 09/29/2023 3.54 C
100.42%
—
SPY 09/29/2023 357.19 C
17.32%
—
Cash & Other
0.18%
—
SPY 09/29/2023 357.2 P
0.01%
—
SPY 09/29/2023 325.04 P
-0.01%
—
SPY 09/29/2023 392.9 C
-17.92%
Invest with XBOC
Trade XBOC Options

What is XBOC?

The Innovator U.S. Equity Accelerated 9 Buffer ETF seeks to provide double (2x) the upside return of SPY (SPDR S&P 500 ETF Trust), to a cap, with approximately single exposure to the downside, over a one-year outcome period. The ETF buffers investors against the first 9% of losses over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually. 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.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

XBOC
Performance Measures**

for the time period Oct 1, 2021 to Dec 4, 2025

Returns

1M Trailing Return: 1.1%

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

3M Trailing Return: 2.1%

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

Measures of Risk or Volatility

Max Drawdown: -13.3%

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

Standard Deviation: 10.1%

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: 0.81

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: 0.60

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

ETFs related toXBOC

ETFs correlated to XBOC include PJAN, XDEC, XBJL

XBOC
Innovator ETFs Trust - Innovator U.S. Equity Accelerated 9 Buffer ETF - October
PJAN
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - January
XDEC
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - December
XBJL
Innovator ETFs Trust - Innovator U.S. Equity Accelerated 9 Buffer ETF - July
DECZ
Listed Funds Trust - TrueShares Structured Outcome (December) ETF
XSEP
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - September
POCT
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - October
FMAY
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - May
USPX
Franklin Templeton ETF Trust - Franklin U.S. Equity 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.

FAQ

XBOC is a US Equities ETF. The Innovator U.S. Equity Accelerated 9 Buffer ETF seeks to provide double (2x) the upside return of SPY (SPDR S&P 500 ETF Trust), to a cap, with approximately single exposure to the downside, over a one-year outcome period. The ETF buffers investors against the first 9% of losses over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually. 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.

XBOC tracks the SPDR S&P 500 ETF Trust.

No, XBOC 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, XBOC 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 XBOC is 0.0081%. This is the percent change in the value of XBOC over the most recent 1-month period. The 3-month return on XBOC is 0.0221%. This is the percent change in the value of XBOC over the most recent 3-month period.

The standard deviation of XBOC for the past year is 0.0847%. 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 XBOC include DJUL, DAUG, and FAUG.

ETFs correlated to XBOC include PJAN, XDEC, and XBJL.

ETFs that are inversely correlated to XBOC include SPDN, SPXU, and SH.

Yes, XBOC is a Leveraged (2x) ETF: This means that XBOC will try to match the performance of SPDR S&P 500 ETF Trust, but with 2x the returns.

No, XBOC is not an inverse ETF.

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.