Key stats
About Innovator Uncapped Accelerated U.S. Equity ETF
Home page
Inception date
Aug 10, 2022
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Innovator Capital Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US45783Y6995
XUSP is suitable for speculative investors who are very bullish on the SPDR S&P 500 ETF (SPY). The strategy sells credit call spreads and buys out-of-the-money call options. The fund uses four, one-year FLEX Options packages with laddered 3-month expirations. The strategy does not offer any downside protection and will experience all subsequent losses of SPY on a one-to-one basis. In order to potentially receive any return, the index must increase more than 5% at the end of the one-year period. The accelerated returns mentioned in the fund are not stated as multiples, but rather, are calculated yearly for each options package and are dependent on market conditions. At each quarterly expiration, one of the option packages will be rolled further out and option strike prices set based on the index level. Shareholders should expect a higher portfolio turnover, which may result in higher taxes. The all in costs of this product should be compared with just simply buying long calls on SPY.
Related funds
Classification
What's in the fund
Exposure type
Rights & Warrants
Bonds, Cash & Other100.00%
Rights & Warrants99.71%
Cash0.29%
Top 10 holdings
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
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
XUSP trades at 44.35 USD today, its price has fallen −0.45% in the past 24 hours. Track more dynamics on XUSP price chart.
XUSP net asset value is 44.38 today — it's risen 3.81% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
XUSP assets under management is 49.04 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
XUSP price has risen by 2.88% over the last month, and its yearly performance shows a 19.99% increase. See more dynamics on XUSP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.81% over the last month, showed a 10.32% increase in three-month performance and has increased by 19.11% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.81% over the last month, showed a 10.32% increase in three-month performance and has increased by 19.11% in a year.
XUSP fund flows account for 16.47 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
XUSP invests in cash. See more details in our Analysis section.
XUSP expense ratio is 0.79%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, XUSP technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating XUSP shows the buy signal. See more of XUSP technicals for a more comprehensive analysis.
Today, XUSP technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating XUSP shows the buy signal. See more of XUSP technicals for a more comprehensive analysis.
No, XUSP doesn't pay dividends to its holders.
XUSP trades at a premium (0.08%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
XUSP shares are issued by Innovator Capital Management LLC
XUSP follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 10, 2022.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.