APOC
Innovator Equity Defined Protection ETF - 6mo Apr/Oct
📎 Investment Objective
The Innovator Equity Defined Protection ETF (APOC) seeks to provide investors with exposure to the cryptocurrency market while aiming to limit downside risk through a defined outcome strategy.
Overview
ETF tracking Innovator Equity Defined Protection ETF - 6mo Apr/Oct
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Innovator Equity Defined Protection ETF (APOC) seeks to provide investors with exposure to the cryptocurrency market while aiming to limit downside risk through a defined outcome strategy.
🎯 Investment Strategy
APOC uses an options-based strategy to provide exposure to the cryptocurrency market. The fund holds a portfolio of cryptocurrency futures contracts and uses a series of put options to seek to limit downside risk over a defined outcome period.
✨ Key Features
- Seeks to provide cryptocurrency market exposure with defined downside protection
- Uses a series of put options to limit potential losses over a defined outcome period
- Resets the defined outcome strategy on a semi-annual basis (April and October)
- Expense ratio of 0.00%
⚠️ Primary Risks
- Cryptocurrency market risk: APOC's performance is tied to the cryptocurrency futures market, which can be highly volatile and speculative
- Options-based strategy risk: The effectiveness of the put options used by APOC to limit downside risk is not guaranteed
- Liquidity risk: The cryptocurrency futures and options markets may have lower liquidity compared to traditional asset classes
- Counterparty risk: The fund is exposed to the creditworthiness of the options counterparties
👤 Best For
APOC may be suitable for investors seeking exposure to the cryptocurrency market with some downside protection, but who have a higher risk tolerance and understand the unique risks associated with options-based strategies and the cryptocurrency asset class.