Innovator Etfs Trust Etf Profile
| UMAY Etf | USD 33.25 0.51 1.51% |
PerformanceVery Weak
| Odds Of DistressLow
|
Innovator ETFs is trading at 33.25 as of the 10th of March 2025; that is 1.51% down since the beginning of the trading day. The etf's open price was 33.76. Innovator ETFs has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 11th of September 2024 and ending today, the 10th of March 2025. Click here to learn more.
The fund invests at least 80 percent of its net assets in FLexible EXchange Options that reference the SPDR SP 500 ETF Trust . Innovator is traded on BATS Exchange in the United States. More on Innovator ETFs Trust
Moving together with Innovator Etf
Innovator Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Large Cap ETFs, Size And Style ETFs, Defined Outcome, Innovator ETFs (View all Sectors) |
| Issuer | Innovator Capital Management |
| Inception Date | 2020-05-01 |
| Benchmark | SPDR S&P 500 ETF Trust |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 47.05 Million |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large 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 |
| Transfer Agent | U.S. Bank, N.A. |
| Fiscal Year End | 31-Oct |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 5.0 |
| Market Maker | Wolverine Trading |
| Total Expense | 0.79 |
| Management Fee | 0.79 |
| Country Name | USA |
| Returns Y T D | 0.43 |
| Currency Code | USD |
| Open Figi | BBG00TGM5RR6 |
| In Threey Volatility | 8.32 |
| 1y Volatility | 3.46 |
| 200 Day M A | 32.9276 |
| 50 Day M A | 33.953 |
| Code | UMAY |
| Updated At | 9th of March 2025 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.27 |
| Type | ETF |
Innovator ETFs Trust [UMAY] is traded in USA and was established 2020-04-30. The fund is listed under Defined Outcome category and is part of Innovator ETFs family. The entity is thematically classified as Large Cap ETFs. Innovator ETFs Trust at this time have 93.53 M in net assets. , while the total return for the last 3 years was 6.6%.
Check Innovator ETFs 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 ETFs Trust 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.
Top Innovator ETFs Trust Etf Constituents
| Option on SPDR® S&P 500 ETF Trust Apr22 | 0.74% |
| Spy 04/28/2023 267.8 P | 2.6600001% |
| Spy 04/28/2023 4.11 C | 190.35001% |
| Spy 04/28/2023 391.4 P | 14.739999% |
| Spy 04/28/2023 459.79 C | 4.31% |
Innovator ETFs Trust Risk Profiles
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 ETFs. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | 0.0097 | |||
| Total Risk Alpha | 0.0222 | |||
| Sortino Ratio | 0.1797 |
Innovator ETFs Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Innovator ETFs Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Innovator ETFs Trust 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 ETFs' value that differs from its market value or its book value, called intrinsic value, which is Innovator ETFs' 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 ETFs' market value can be influenced by many factors that don't directly affect Innovator ETFs' 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 ETFs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator ETFs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator ETFs' 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.