Key stats
About Innovator Gradient Tactical Rotation Strategy ETF
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Inception date
Nov 17, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
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
US45783Y6656
IGTR seeks to outperform the S&P Global BMI, which provides a broad measure of global equity markets. The fund utilizes a two-factor process to tactically invest in the equity market segment with the strongest price momentum. The fund considers three geographies (US, developed, and emerging markets) and identifies market subsectors within each geography (high beta, momentum, neutral broad market, and low volatility). All in all, the fund defines 9 equity market segments which are combinations of a geography and a market subsector. Each month, the fund adviser determines the strongest geographic equity market and then the strongest market subsector within the selected geography, based on price momentum trend. If all equity market segments exhibit significant and sustained price momentum decline, the fund invests in cash instead. Since the fund adviser adjusts the portfolio monthly, the fund has a high portfolio turnover rate.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Finance
Technology Services
Stocks99.73%
Electronic Technology31.04%
Finance14.79%
Technology Services10.34%
Consumer Services8.32%
Producer Manufacturing4.82%
Transportation4.25%
Commercial Services3.68%
Health Technology3.19%
Utilities3.18%
Process Industries3.03%
Consumer Non-Durables2.67%
Consumer Durables2.49%
Retail Trade2.37%
Energy Minerals2.04%
Non-Energy Minerals1.88%
Miscellaneous0.87%
Industrial Services0.77%
Bonds, Cash & Other0.27%
Cash0.22%
Government0.04%
Stock breakdown by region
North America97.86%
Europe2.14%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IGTR invests in stocks. The fund's major sectors are Electronic Technology, with 31.04% stocks, and Finance, with 14.79% of the basket. The assets are mostly located in the North America region.
IGTR top holdings are Tesla, Inc. and Monolithic Power Systems, Inc., occupying 1.55% and 1.55% of the portfolio correspondingly.
IGTR last dividends amounted to 0.59 USD. The year before, the issuer paid 0.21 USD in dividends, which shows a 64.07% increase.
IGTR assets under management is 63.97 M USD. It's fallen 4.96% over the last month.
IGTR fund flows account for −87.67 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.
Yes, IGTR pays dividends to its holders with the dividend yield of 2.33%. The last dividend (Jan 2, 2025) amounted to 0.59 USD. The dividends are paid annually.
IGTR shares are issued by Innovator Capital Management LLC under the brand Innovator. The ETF was launched on Nov 17, 2022, and its management style is Active.
IGTR expense ratio is 0.80% meaning you'd have to pay 0.80% of your investment to help manage the fund.
IGTR follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IGTR invests in stocks.
IGTR price has risen by 2.26% over the last month, and its yearly performance shows a −12.51% decrease. See more dynamics on IGTR price chart.
NAV returns, another gauge of an ETF dynamics, showed a 4.45% increase in three-month performance and has decreased by −9.08% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 4.45% increase in three-month performance and has decreased by −9.08% in a year.
IGTR trades at a premium (0.22%) meaning the ETF is trading at a higher price than the calculated NAV.