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Trending ETFs

Innovator Nasdaq-100 Power Buffer ETF™

etf
NOCT
Dividend policy
None
Price as of:
$36.27 -0.01 0%
primary theme
Options-based
NOCT (ETF)

Innovator Nasdaq-100 Power Buffer ETF™

Dividend policy
None
Price as of:
$36.27 -0.01 0%
primary theme
Options-based
NOCT (ETF)
Innovator Nasdaq-100 Power Buffer ETF™
Dividend policy
None
Price as of:
$36.27 -0.01 0%
primary theme
Options-based

NOCT - Snapshot

Vitals

  • YTD Return 0.4%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $67.8 M
  • Holdings in Top 10 N/A

52 WEEK LOW AND HIGH

$36.27
$28.55
$36.30

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.79%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme Options-based
  • Fund Type Exchange Traded Fund
  • Investment Style Options-based

Compare NOCT to Popular Options-based Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$24.19

+0.17%

$14.40 B

1.10%

$0.27

blocked
blocked
blocked

0.92%

-

$36.87

+0.16%

$7.13 B

0.65%

$0.24

blocked
blocked
blocked

0.33%

-

$9.47

0.00%

$2.83 B

-

-

blocked
blocked
blocked

1.50%

-

$12.89

0.00%

$1.93 B

-

-

blocked
blocked
blocked

1.26%

-

$9.64

-0.10%

$1.75 B

-

-

blocked
blocked
blocked

3.10%

-

Compare NOCT to Popular Options-based ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$23.07

-0.13%

$1.64 B

11.02%

$2.54

blocked
blocked
blocked

1.18%

-

$32.56

-0.46%

$764.85 M

0.35%

$0.12

blocked
blocked
blocked

-0.79%

-

-

-

$191.30 M

-

$1.61

blocked
blocked
blocked

2.26%

-

$55.65

-0.32%

$169.82 M

5.78%

$3.23

blocked
blocked
blocked

-0.18%

-

$20.76

+0.44%

$167.24 M

1.40%

$0.29

blocked
blocked
blocked

1.32%

-

NOCT - Profile

Distributions

  • YTD Total Return 0.4%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.79%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Innovator Nasdaq-100 Power Buffer ETF™
  • Fund Family Name
    Innovator ETFs
  • Inception Date
    Sep 30, 2019
  • Shares Outstanding
    1875000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Robert Cummings

Fund Description

The fund invests at least 80% of its net assets in FLexible EXchange® Options ("FLEX Options") that reference the NASDAQ-100 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. It is non-diversified.


NOCT - Performance

Return Ranking - Trailing

Period NOCT Return Category Return Low Category Return High Rank in Category (%)
YTD 0.4% -1.1% 10.3% 67.07%
1 Yr 11.6% -26.5% 28.6% 24.11%
3 Yr N/A* -13.4% 18.1% N/A
5 Yr N/A* -5.4% 15.8% N/A
10 Yr N/A* -5.2% 13.3% N/A

* Annualized

Return Ranking - Calendar

Period NOCT Return Category Return Low Category Return High Rank in Category (%)
2020 11.6% -34.1% 904.0% 16.22%
2019 N/A -28.6% 28.4% N/A
2018 N/A -93.5% 8.2% N/A
2017 N/A -38.9% 19.8% N/A
2016 N/A -10.9% 12.8% N/A

Total Return Ranking - Trailing

Period NOCT Return Category Return Low Category Return High Rank in Category (%)
YTD 0.4% -1.1% 10.3% 67.07%
1 Yr 11.6% -26.5% 28.6% 21.43%
3 Yr N/A* -13.4% 18.1% N/A
5 Yr N/A* -5.8% 15.8% N/A
10 Yr N/A* -5.2% 13.3% N/A

* Annualized

Total Return Ranking - Calendar

Period NOCT Return Category Return Low Category Return High Rank in Category (%)
2020 11.6% -34.1% 904.0% 16.22%
2019 N/A -5.9% 28.4% N/A
2018 N/A -30.9% 8.2% N/A
2017 N/A -23.4% 19.8% N/A
2016 N/A -10.9% 12.8% N/A

NOCT - Holdings

Concentration Analysis

NOCT Category Low Category High NOCT % Rank
Net Assets 67.8 M 1.38 M 14.4 B 61.85%
Number of Holdings 9 1 509 77.51%
Net Assets in Top 10 67.2 M -3.82 M 4.25 B 40.56%
Weighting of Top 10 N/A 13.7% 100.0% N/A

Top 10 Holdings

  1. Option on NASDAQ 100 PR USD 100.00%
  2. Option on NASDAQ 100 PR USD 100.00%
  3. Option on NASDAQ 100 PR USD 100.00%
  4. Option on NASDAQ 100 PR USD 100.00%
  5. Option on NASDAQ 100 PR USD 100.00%
  6. Option on NASDAQ 100 PR USD 100.00%
  7. Option on NASDAQ 100 PR USD 100.00%
  8. Option on NASDAQ 100 PR USD 100.00%
  9. Option on NASDAQ 100 PR USD 100.00%
  10. Option on NASDAQ 100 PR USD 100.00%

Asset Allocation

Weighting Return Low Return High NOCT % Rank
Stocks
85.46% -3.45% 100.19% 64.26%
Cash
14.55% -28.61% 100.11% 27.71%
Preferred Stocks
0.00% 0.00% 5.20% 13.65%
Other
0.00% -5.49% 74.19% 23.69%
Convertible Bonds
0.00% 0.00% 27.25% 16.06%
Bonds
0.00% 0.00% 97.55% 24.50%

Stock Sector Breakdown

Weighting Return Low Return High NOCT % Rank
Technology
44.19% 0.00% 44.21% 0.88%
Consumer Cyclical
19.03% 0.00% 19.03% 0.44%
Communication Services
18.94% 0.00% 21.22% 0.88%
Healthcare
6.71% 0.00% 29.45% 94.25%
Consumer Defense
5.10% 0.00% 26.50% 93.81%
Industrials
2.79% 1.81% 44.47% 98.67%
Financial Services
2.27% 0.00% 27.65% 97.35%
Utilities
0.97% 0.00% 14.20% 95.13%
Real Estate
0.00% 0.00% 8.92% 89.82%
Energy
0.00% 0.00% 65.73% 97.35%
Basic Materials
0.00% 0.00% 64.14% 97.79%

Stock Geographic Breakdown

Weighting Return Low Return High NOCT % Rank
US
82.25% -3.45% 99.82% 53.82%
Non US
3.21% -0.07% 99.01% 27.31%

NOCT - Expenses

Operational Fees

NOCT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.79% 0.20% 6.78% 76.05%
Management Fee 0.79% 0.00% 1.75% 34.27%
12b-1 Fee 0.00% 0.00% 1.00% 6.76%
Administrative Fee N/A 0.03% 0.28% N/A

Sales Fees

NOCT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.75% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

NOCT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

NOCT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 456.80% N/A

NOCT - Distributions

Dividend Yield Analysis

NOCT Category Low Category High NOCT % Rank
Dividend Yield 0.00% 0.00% 8.13% 16.87%

Dividend Distribution Analysis

NOCT Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

NOCT Category Low Category High NOCT % Rank
Net Income Ratio -0.79% -2.13% 14.24% 73.22%

Capital Gain Distribution Analysis

NOCT Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History

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NOCT - Fund Manager Analysis

Managers

Robert Cummings


Start Date

Tenure

Tenure Rank

Sep 30, 2019

1.25

1.3%

Principal and Director of Global Trading at Milliman. Mr. Cummings has served in this role since 2007. Mr. Cummings has more than 13 years of experience as a trader with a primary focus on options. Prior to joining Milliman, he was involved in various proprietary trading strategies and was a portfolio manager of associated derivatives funds. These strategies included volatility arbitrage, global macro, and high-frequency trading. Entities at which Mr. Cummings has previously worked include Citadel Investment Group, TradeNet (as a primary market maker on the Chicago Board Options Exchange), KCM Group and Spyglass Capital Management.

Daniel Hare


Start Date

Tenure

Tenure Rank

Sep 30, 2019

1.25

1.3%

Senior Trader & Risk Manager at Milliman. Mr. Hare has served in this role since 2016. From 2011 – 2016 he served as a Trader & Risk Manager at Milliman. Mr. Hare has more than 25 years of experience in capital markets. Prior to joining Milliman, he was employed by ABN Amro Bank, Societe Generale, Bear Stearns and Dean Witter. He has significant experience in foreign exchange options trading and has also worked as a market maker and portfolio manager.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 19.52 3.74 5.42