UOCTInnovator S&P 500 Ultra Buffer ETF - October
UOCT Fund Description
UOCT aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral.
UOCT Factset Analytics Insight
UOCT uses options in an effort to moderate losses on the S&P 500 over a one-year period starting each October. The fund foregoes some upside return as well as the S&P 500’s dividend component, because the options are written on the price (not total) return version of the index. In exchange for preventing realization of the first 30% of the S&P 500’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 buffers and caps do not include the fund’s expense ratio. The fund is actively managed, resets annually and uses listed options exclusively.
UOCT Summary Data
UOCT Portfolio Data
UOCT Index Data
UOCT Portfolio Management
UOCT Tax Exposures
UOCT Fund Structure
UOCT Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of UOCT. UOCT is rated a N/A out of 5.
UOCT Top 10 Holdings
UOCT Economic Development
UOCT Performance Statistics
UOCT Benchmark Comparison Summary
UOCT Benchmark Comparison Market Cap Size