Innovator U.S. Equity Accelerated Plus ETF (XTOC)
Innovator U.S. Equity Accelerated Plus ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $36.89, up 0.11% on the session, giving a market capitalisation of $21.2M. Its beta of 0.60 implies it has historically moved less than the broad market.
The Innovator U.S. Equity Accelerated Plus ETF (XTOC) is structured to offer investors amplified participation in the S&P 500's growth. Specifically, it seeks to capture three times (3x) the positive returns of the SPDR S&P 500 ETF Trust (SPY) over a yearly timeframe, though this magnified upside is subject to a predetermined maximum. Conversely, the ETF aims to limit its exposure to market downturns, targeting approximately single (1x) participation in any losses. While its performance targets reset annually, the fund itself can be held continuously by investors for an indefinite period.
Innovator U.S. Equity Accelerated Plus ETF is most often compared with the following Financial Services names: