Key stats
About Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly
Home page
Inception date
Feb 6, 2025
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
US45784N6922
QBF aims to provide a defined outcome strategy using FLEX options tied to ETPs linked to bitcoin or the CBOE Bitcoin US ETF Index. The goal is to mirror bitcoin's price return, capped at a certain percentage, with a 20% maximum loss over three months. The strategy employs a participation rate set at the start of each period, expected to capture 65-75% of bitcoin's gains, though not guaranteed. To achieve this, the fund invests in US Treasuries and, via a subsidiary, engages in FLEX options. It buys in-the-money call options for bitcoin exposure and sells at-the-money calls to offset some gains. A floor activates if bitcoin drops over 20%, leaving the fund with US Treasuries amounting to 80% of its assets. This outcome is only achieved by buying QBF shares on the first day and holding them until the last day of the period.
Related funds
Classification
Symbol
Geography
Global
What's in the fund
Exposure type
Government
Rights & Warrants
Bonds, Cash & Other100.00%
Government77.68%
Rights & Warrants22.22%
Cash0.10%
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
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.
QBF trades at 28.28 USD today, its price has risen 2.15% in the past 24 hours. Track more dynamics on QBF price chart.
QBF net asset value is 28.27 today — it's risen 6.67% 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.
QBF assets under management is 17.69 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.
QBF fund flows account for 17.25 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.
QBF invests in bonds. See more details in our Analysis section.
QBF 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.
No, QBF isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, QBF doesn't pay dividends to its holders.
QBF trades at a premium (0.05%).
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.
QBF shares are issued by Innovator Capital Management LLC
QBF 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 Feb 6, 2025.
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.