Innovator Uncapped Accelerated U.S. Equity ETF
Top 10 Holdings
What is XUSP?
The Innovator Uncapped Accelerated U.S. Equity ETF seeks to provide the potential to outperform the price return of the SPDR S&P 500 ETF Trust (SPY), after achieving performance thresholds. The Fund is an actively managed exchange-traded fund ("ETF") that invests in option contracts designed to provide returns, at the expiration of the Fund's option contracts, that are at a rate that is greater than the price return increases, if any, of the SPDR S&P 500 ETF Trust (the "Underlying ETF") following the point in which the Underlying ETF exceeds performance threshold levels established by the Fund. The Fund seeks to achieve its investment objective by investing substantially all of its assets in a series of four, one-year FLexible EXchange Options ("FLEX Options") packages with "laddered" expiration dates that reference the Underlying ETF (each, an "Options Package" and collectively, the "Options Packages"). "Laddering" is an investment technique that utilizes multiple options positions over multiple expiration dates.
ETFs related toXUSP
ETFs correlated to XUSP include SPUU, VV, GSUS
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.
SPY minimum drawdown
Hedgefundie's Excellent Adventure Refined
Balance Risk Not Assets, Lever Up, Composer's Picks
Create your own algorithmic trading strategy with XUSP using Composer
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.