Key stats
About Innovator Nasdaq-100 Managed Floor ETF
Home page
Inception date
Jan 25, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
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 Funds Distributors LLC
ISIN
US45783Y6813
QFLR seeks to capture some of the upside of the NASDAQ-100, a US large-cap equity market while actively managing option strategies in an attempt to limit losses to roughly 8-12% each year. The fund invests in an equity portfolio comprised of US large-caps and FLEX options to hedge the downside risk on an annual basis. The hedge piece rolls quarterly such that there are four floors, with one expiring every three months. The fund's laddered approach is meant to help offset the timing risks inherent in a single reset and roll date. The sub-adviser also sells short-dated (two-week) call options in tranches, with expirations staggered every three to four days, in an attempt to offset some of the cost of the hedge.
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
Technology Services
Electronic Technology
Retail Trade
Stocks98.83%
Technology Services34.61%
Electronic Technology30.71%
Retail Trade10.25%
Health Technology4.41%
Consumer Durables3.81%
Consumer Non-Durables3.30%
Communications2.35%
Producer Manufacturing2.30%
Utilities1.35%
Consumer Services1.34%
Distribution Services1.18%
Commercial Services1.16%
Energy Minerals0.99%
Transportation0.81%
Bonds, Cash & Other1.17%
Cash1.44%
Rights & Warrants−0.27%
Stock breakdown by region
North America97.26%
Europe2.74%
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
QFLR invests in stocks. The fund's major sectors are Technology Services, with 34.70% stocks, and Electronic Technology, with 30.79% of the basket. The assets are mostly located in the North America region.
QFLR top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 9.91% and 9.33% of the portfolio correspondingly.
QFLR last dividends amounted to 0.01 USD. The quarter before, the issuer paid 0.00 USD in dividends, which shows a 69.94% increase.
QFLR assets under management is 331.34 M USD. It's risen 7.82% over the last month.
QFLR fund flows account for 90.50 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, QFLR pays dividends to its holders with the dividend yield of 0.02%. The last dividend (Apr 1, 2025) amounted to 0.01 USD. The dividends are paid quarterly.
QFLR shares are issued by Innovator Capital Management LLC under the brand Innovator. The ETF was launched on Jan 25, 2024, and its management style is Active.
QFLR expense ratio is 0.89% meaning you'd have to pay 0.89% of your investment to help manage the fund.
QFLR follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
QFLR invests in stocks.
QFLR price has risen by 3.47% over the last month, and its yearly performance shows a 19.85% increase. See more dynamics on QFLR price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.22% over the last month, showed a 13.10% increase in three-month performance and has increased by 12.52% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.22% over the last month, showed a 13.10% increase in three-month performance and has increased by 12.52% in a year.
QFLR trades at a premium (0.24%) meaning the ETF is trading at a higher price than the calculated NAV.