Innovator Russell 2000 Etf Profile
| KOCT Etf | USD 28.31 0.16 0.57% |
Performance7 of 100
| Odds Of DistressLess than 9
|
Innovator Russell is selling for under 28.31 as of the 8th of May 2024; that is 0.57 percent increase since the beginning of the trading day. The etf's last reported lowest price was 28.29. Innovator Russell has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Innovator Russell 2000 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2024 and ending today, the 8th of May 2024. Click here to learn more.
The fund invests at least 80 percent of its net assets in FLexible Exchange Options that reference the iShares Russell 2000 ETF. Innovator Russell is traded on BATS Exchange in the United States. More on Innovator Russell 2000
Moving together with Innovator Etf
| 0.9 | BUFR | First Trust Cboe | PairCorr |
| 0.87 | BUFD | FT Cboe Vest | PairCorr |
| 0.89 | PSEP | Innovator SP 500 | PairCorr |
| 0.92 | PJAN | Innovator SP 500 | PairCorr |
| 0.9 | ACIO | Aptus Collared Income | PairCorr |
| 0.78 | PJUL | Innovator SP 500 | PairCorr |
Innovator Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Innovator Russell's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Innovator Russell or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Size And Style ETFs, Small Cap ETFs, Options Trading, Innovator ETFs (View all Sectors) |
| Issuer | Innovator Capital Management |
| Inception Date | 2019-10-01 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 87.08 Million |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Small Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Innovator Capital Management, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Robert T. Cummings, Daniel S. Hare, Hayley M. Peppers |
| Transfer Agent | U.S. Bank, N.A. |
| Fiscal Year End | 31-Oct |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 5.0 |
| Market Maker | Susquehanna |
| Total Expense | 0.79 |
| Management Fee | 0.79 |
| Country Name | USA |
| Returns Y T D | 2.87 |
| Name | Innovator Russell 2000 Power Buffer ETF |
| Currency Code | USD |
| Open Figi | BBG00QFNSYR1 |
| In Threey Volatility | 12.6 |
| 1y Volatility | 14.93 |
| 200 Day M A | 26.9524 |
| 50 Day M A | 27.9662 |
| Code | KOCT |
| Updated At | 8th of May 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.09) |
| Type | ETF |
Innovator Russell 2000 [KOCT] is traded in USA and was established 2019-09-30. The fund is listed under Options Trading category and is part of Innovator ETFs family. The entity is thematically classified as Size And Style ETFs. Innovator Russell 2000 now have 31.96 M in assets. , while the total return for the last 3 years was 2.0%.
Check Innovator Russell Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Innovator Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Innovator Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Innovator Russell 2000 Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Innovator Russell Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of Innovator Russell jumping above the current price in 90 days from now is about 7.1%. The Innovator Russell 2000 probability density function shows the probability of Innovator Russell etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Innovator Russell has a beta of 0.8035. This indicates as returns on the market go up, Innovator Russell average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Innovator Russell 2000 will be expected to be much smaller as well. Additionally, innovator Russell 2000 has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Innovator Russell to move above the current price in 90 days from now is about 7.1 (This Innovator Russell 2000 probability density function shows the probability of Innovator Etf to fall within a particular range of prices over 90 days) .
Innovator Russell 2000 Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Innovator Russell market risk premium is the additional return an investor will receive from holding Innovator Russell long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Innovator Russell. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Innovator Russell's alpha and beta are two of the key measurements used to evaluate Innovator Russell's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0584 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.03) |
Innovator Russell Against Markets
Picking the right benchmark for Innovator Russell etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Innovator Russell etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Innovator Russell is critical whether you are bullish or bearish towards Innovator Russell 2000 at a given time. Please also check how Innovator Russell's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Innovator Russell without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Innovator Etf?
Before investing in Innovator Russell, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Innovator Russell. To buy Innovator Russell etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Innovator Russell. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Innovator Russell etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Innovator Russell 2000 etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Innovator Russell 2000 etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Innovator Russell 2000, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Innovator Etf please use our How to Invest in Innovator Russell guide.
Already Invested in Innovator Russell 2000?
The danger of trading Innovator Russell 2000 is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Innovator Russell is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Innovator Russell. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Innovator Russell 2000 is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Innovator Russell 2000 is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Innovator Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Innovator Russell 2000 Etf. Highlighted below are key reports to facilitate an investment decision about Innovator Russell 2000 Etf: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Innovator Russell 2000. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Innovator Russell 2000 information on this page should be used as a complementary analysis to other Innovator Russell's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
The market value of Innovator Russell 2000 is measured differently than its book value, which is the value of Innovator that is recorded on the company's balance sheet. Investors also form their own opinion of Innovator Russell's value that differs from its market value or its book value, called intrinsic value, which is Innovator Russell's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Innovator Russell's market value can be influenced by many factors that don't directly affect Innovator Russell's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Innovator Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Russell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Russell's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.