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Innovator Index Autocallable Income Strategy ETF (ACII) Diversifiers

ETF · Currency in USD · Last updated Jun 4, 2026

The Innovator Index Autocallable Income Strategy ETF (ACII) is an actively managed ETF that seeks to deliver a high rate of monthly income with potential downside risk mitigation. The fund invests in a laddered portfolio of over-the-counter (OTC) swap agreements that replicate the defined return characteristics of autocallable instruments linked to three major US equity ETFs: SPDR S&P 500 ETF (SPY), Invesco QQQ Trust (QQQ), and iShares Russell 2000 ETF (IWM). It offers single-ticker access to a structured index-based income strategy.

Looking to diversify beyond ACII? The ETFs below have the lowest correlation with ACII — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from ACII.

Best Diversifiers for ACII

0 ETFs have low correlation with ACII (below 0.3), 0 of which are negatively correlated. The least correlated is Innovator U.S. Equity Power Buffer ETF October (POCT) (Defined Outcome) with a 1Y correlation of 0.47, roughly unchanged from 0.47 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
POCT
Innovator U.S. Equity Power Buffer ETF October0.470.470.47
75
Defined OutcomeACII vs POCT

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Diversification Analysis

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