Innovator ETFs Coefficient Of Variation
| QTOC ETF | | | USD 37.30 -0.06 -0.16% |
Coefficient of Variation (CV) is a normalized measure of dispersion that relates volatility to expected return, making it a useful indicator of risk per unit of return. It is also referred to as relative standard deviation when expressed as a percentage. Below is Innovator ETFs's current Coefficient Of Variation with peer comparisons and related risk metrics.
Current Coefficient Of Variation Value
With Coefficient Of Variation at 634.43, Innovator ETFs shows high dispersion relative to expected return — volatility substantially exceeds the return signal. The magnitude of this value is unusually large in absolute terms, suggesting an unstable or weak relationship between risk and return, often driven by low or near-zero expected returns.
Coefficient Of Variation | = | STDER |
| = | 634.43 | |
Coefficient Of Variation Peers Comparison
Innovator ETFs's Coefficient Of Variation of 634.43 falls below the 1487.35 peer average. Values range from -510.2687 (Nuveen Dividend Growth) to 6819.68 (Innovator ETFs Trust), with wide dispersion across the group. Relative to peers, Innovator ETFs shows more consistent returns per unit of risk.
Coefficient Of Variation Relative To Other Indicators
The chart below plots Coefficient Of Variation against Maximum Drawdown for Innovator ETFs and its peers. Each point represents one equity — position along the horizontal axis shows Coefficient Of Variation while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
With Coefficient Of Variation at
634.43 and Maximum Drawdown at
5.47 , Innovator ETFs shows a
0.01 -to-one ratio between these indicators. This indicates Maximum Drawdown falls substantially below Coefficient Of Variation for Innovator ETFs. The Coefficient Of Variation to Maximum Drawdown ratio for Innovator ETFs Trust comes in at
116.07 Methodology, Assumptions & Data Sources
Innovator ETFs' Coefficient Of Variation currently stands at 634.43. The Coefficient Of Variation for Innovator ETFs applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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