XBOCInnovator U.S. Equity Accelerated 9 Buffer ETF - October - United States of America
XBOC Fund Description
XBOC aims for 2x the price return of the SPDR S&P 500 ETF (SPY), subject to an upside return cap and downside buffer over a specific holdings period.
XBOC Factset Analytics Insight
XBOC uses FLEX options, in an effort to participate in up to 2x upside price movement of the SPDR S&P 500 ETF (Ticker: SPY) over a one-year period starting each October. The fund foregoes some upside return as well as dividend payments made by SPY. In exchange for preventing realization of the first 9% of SPY’s losses, investors forego upside participation above a certain threshold, which is reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. 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 and buffers do not include the fund’s expense ratio.
XBOC Summary Data
XBOC Portfolio Data
XBOC Index Data
XBOC Portfolio Management
XBOC Tax Exposures
XBOC Fund Structure
XBOC Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of XBOC. XBOC is rated a N/A out of 5.
XBOC Top 10 Holdings
XBOC Performance Statistics
XBOC Benchmark Comparison Summary
XBOC 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.