Innovator ETFs Trust - Innovator Gradient Tactical Rotation Strategy ETF (IGTR)

Overview

The Innovator Gradient Tactical Rotation Strategy ETF (IGRT) is a tactical rotation ETF that aims to provide capital appreciation by dynamically allocating its assets among various asset classes based on a proprietary quantitative model. The fund seeks to optimize risk-adjusted returns by identifying and investing in asset classes with favorable momentum and risk characteristics.

Reputation and Reliability

Innovator ETFs is known for its defined outcome ETFs and innovative investment strategies. They have a generally positive reputation for providing unique ETF products.

Management Expertise

Innovator ETFs has a management team with experience in quantitative investing and ETF product development.

Goal

To provide capital appreciation by dynamically allocating assets based on a quantitative tactical rotation strategy.

Investment Approach and Strategy

Strategy: The ETF utilizes a proprietary quantitative model to rotate among various asset classes, including equities, fixed income, and alternative investments, based on their relative strength and risk-adjusted return potential.

Composition The ETF's composition varies dynamically based on the tactical rotation model's signals. It can include a mix of ETFs representing different asset classes.

Market Share: Insufficient data available to accurately determine IGRT's market share.

Total Net Assets (AUM): 24911303

Key Competitors

• DALI US ETF (DALI)
• AGFiQ US Market Rotation ETF (RORO)
• Simplify Macro Strategy ETF (FIG)

Competitive Landscape

The competitive landscape includes other tactical allocation ETFs that use various strategies to adjust asset allocation based on market conditions. IGRT competes on its specific quantitative model and the resulting asset allocation decisions. A potential advantage is its distinct approach to tactical rotation; a disadvantage could be model risk or underperformance compared to simpler strategies.

Historical Performance: Historical performance data is limited due to the ETF's relatively short history. Investors should review past performance, available from the issuer and financial data providers.

Benchmark Comparison: The ETF does not track a specific benchmark index, making direct benchmark comparison challenging. Performance should be assessed relative to a portfolio with similar asset allocation flexibility.

Expense Ratio: 0.79

Average Trading Volume

The ETF's average trading volume may vary; investors should check recent trading activity to assess liquidity.

Bid-Ask Spread

The bid-ask spread reflects the cost of trading; investors should monitor the spread to minimize transaction costs.

Market Environment Factors

Economic growth, interest rate movements, inflation, and geopolitical events can all influence the performance of the underlying asset classes and, consequently, the ETF's performance.

Growth Trajectory

The growth trajectory will depend on the success of the tactical rotation strategy in capturing market opportunities and managing risk. Changes to the model and holdings are disclosed in fund documentation.

Competitive Edge

IGRT's competitive advantage lies in its proprietary quantitative model for tactical asset allocation. The ETF offers a systematic approach to adjusting portfolio exposures based on market conditions. This contrasts with passive investment strategies that maintain fixed allocations. The quantitative model is intended to improve risk-adjusted returns.

Volatility

The ETF's volatility depends on the volatility of the underlying asset classes and the effectiveness of the tactical rotation strategy in managing risk.

Market Risk

Market risk is inherent in the ETF's exposure to various asset classes, including equities, fixed income, and alternatives. Specific risks associated with each asset class will impact performance.

Ideal Investor Profile

The ideal investor is one who understands tactical allocation strategies and seeks a systematic approach to dynamically adjusting portfolio exposures based on market conditions.

Market Risk

The ETF may be suitable for investors seeking capital appreciation with an active approach to portfolio management, but may not be ideal for passive index followers.

The Innovator Gradient Tactical Rotation Strategy ETF (IGRT) is a tactical allocation ETF that utilizes a quantitative model to adjust its exposure to various asset classes. The ETF aims to enhance risk-adjusted returns by dynamically allocating its assets based on market conditions. IGRT is best suited for investors seeking active management and a systematic approach to tactical asset allocation. Investors should consider the ETF's expense ratio and historical performance when making investment decisions.

Data Sources:

• Innovator ETFs website
• ETF.com
• Morningstar

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions. Market share estimates may not be exact and are based on available data.