QTAPInnovator Growth-100 Accelerated Plus ETF - April
QTAP Fund Description
QTAP aims for 3x the price return of Invesco QQQ Trust ETF (QQQ), subject to an upside return cap over a specific holdings period.
QTAP Factset Analytics Insight
QTAP uses FLEX options, in an effort to participate in up to 3x upside price movement of the Invesco QQQ Trust ETF (Ticker: QQQ) over a one-year period starting each April. The fund caps its upside participation on the returns of QQQ, which is reset annually. The fund doesn’t offer a buffer protection and will experience all subsequent losses of QQQ in a one-to-one basis. Investors who buy at any other time than the annual reset day may have very different returns. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the period to achieve the intended results. The targeted cap does not include the fund’s expense ratio.
QTAP Summary Data
QTAP Portfolio Data
QTAP Index Data
QTAP Portfolio Management
QTAP Tax Exposures
QTAP Fund Structure
QTAP Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of QTAP. QTAP is rated a N/A out of 5.
QTAP Top 10 Holdings
QTAP Economic Development
QTAP Performance Statistics
QTAP Benchmark Comparison Summary
QTAP Benchmark Comparison Market Cap Size
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.