Innovator U.S. Equity Accelerated ETF – April (XDAP)
Innovator U.S. Equity Accelerated ETF – April operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $35.69, up 0.06% on the session, giving a market capitalisation of $6.2M. Its beta of 0.90 implies it has historically moved less than the broad market.
This fund primarily allocates at least 80% of its net assets to FLexible EXchange® Options. These options are linked to the performance of the SPDR® S&P 500® ETF Trust, an exchange-traded fund regulated under the Investment Company Act of 1940. FLEX Options are a type of exchange-traded derivative distinguished by their customizable terms. While the Options Clearing Corporation (OCC) guarantees their settlement, they nonetheless carry counterparty risk with the OCC. Furthermore, their liquidity can be lower than that of more conventional exchange-traded options. Investors should also note that this fund is non-diversified.
Innovator U.S. Equity Accelerated ETF – April is most often compared with the following Financial Services names: