Innovator ETFs Trust Innovator Hedged TSLA Strategy ETFInnovator ETFs Trust Innovator Hedged TSLA Strategy ETFInnovator ETFs Trust Innovator Hedged TSLA Strategy ETF

Innovator ETFs Trust Innovator Hedged TSLA Strategy ETF

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Key stats

Assets under management (AUM)
‪921.20 K‬USD
Fund flows (1Y)
‪−924.60 K‬USD
Dividend yield (indicated)
4.03%
Discount/Premium to NAV
1.4%

About Innovator ETFs Trust Innovator Hedged TSLA Strategy ETF

Issuer
Innovator Capital Management LLC
Brand
Innovator
Expense ratio
0.79%
Inception date
Jul 26, 2022
Index tracked
No Underlying Index
Management style
Active
TSLH utilizes a call option spread strategy via FLEX options to provide capped gains on the Tesla stock and a maximum loss of 10% over a 3-month period. It provides a floor against Tesla losses by investing in US T-bills with a 3-month weighted average maturity, should the options expire worthless. The fund seeks to allocate 10% of the portfolio in options and invests the remainder in T-bills. The upside cap and downside floor fluctuate daily based on the performance of the underlying stock and T-bills. The issuer publishes effective interim levels for the floor and cap, daily on its website. The defined outcome can only be achieved when shares are purchased on the first day and held until the end of the period. The defined outcome return does not include the expense ratio. TSLHs use of FLEX options opens investors to counterparty risk. The fund also takes on added volatility due to a lack of diversification. Investors should conduct their stock research before initiating a position and trade with conviction.

Classification

Asset Class
Equity
Category
Sector
Focus
Consumer discretionary
Niche
Automobile manufacturers
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Rights & Warrants
Bonds, Cash & Other100.00%
Government89.41%
Rights & Warrants13.21%
Cash0.29%
Miscellaneous−2.90%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy