XTAPInnovator U.S. Equity Accelerated Plus ETF - April
XTAP Fund Description
XTAP aims for 3x upside return of SPY to a cap, with approximately single exposure on the downside, over a one-year outcome period.
XTAP Factset Analytics Insight
XTAP will invest at least 80% of its net assets in a portfolio of FLEX Options. These options reference the SPDR S&P 500 ETF Trust (SPY), which in turn tracks the S&P 500 index, a market-cap-weighted index comprised of 500 of the largest companies in leading industries in the US. With this, XTAP expects to have significant exposure to Information Technology companies. Unlike leveraged funds, this accelerated ETF aims for returns that are 3x magnified on the upside only over a one-year outcome period, subject to a cap. Note: investors must hold shares for an entire outcome period in order to achieve the intended returns.
XTAP Summary Data
XTAP Portfolio Data
XTAP Index Data
XTAP Portfolio Management
XTAP Tax Exposures
XTAP Fund Structure
XTAP Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of XTAP. XTAP is rated a N/A out of 5.
XTAP Top 10 Holdings
XTAP Economic Development
XTAP Performance Statistics
XTAP Benchmark Comparison Summary
XTAP 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.