Innovator U.S. Equity 10 Buffer ETF - Quarterly (ZALT)
ZALT is an actively managed ETF by Innovator. ZALT launched on Sep 29, 2023 and has a 0.69% expense ratio.
ETF Info
Sep 29, 2023
1x
No Index (Active)
Large-Cap
Growth
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Innovator U.S. Equity 10 Buffer ETF - Quarterly, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Innovator U.S. Equity 10 Buffer ETF - Quarterly had a return of 12.07% year-to-date (YTD) and 13.29% in the last 12 months.
ZALT
12.07%
1.29%
7.70%
13.29%
N/A
N/A
^GSPC (Benchmark)
25.15%
2.97%
12.53%
31.00%
13.95%
11.21%
Monthly Returns
The table below presents the monthly returns of ZALT, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.83% | 1.53% | 0.70% | -1.17% | 1.88% | 2.72% | 0.67% | 1.19% | 1.28% | 0.07% | 12.07% | ||
| 2023 | -0.22% | 3.27% | 0.87% | 3.95% |
Expense Ratio
ZALT features an expense ratio of 0.69%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of ZALT is 90, placing it in the top 10% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Innovator U.S. Equity 10 Buffer ETF - Quarterly (ZALT) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Innovator U.S. Equity 10 Buffer ETF - Quarterly. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Innovator U.S. Equity 10 Buffer ETF - Quarterly was 3.28%, occurring on Aug 5, 2024. Recovery took 8 trading sessions.
The current Innovator U.S. Equity 10 Buffer ETF - Quarterly drawdown is 0.13%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -3.28% | Jul 17, 2024 | 14 | Aug 5, 2024 | 8 | Aug 15, 2024 | 22 |
| -2.01% | Oct 17, 2023 | 9 | Oct 27, 2023 | 4 | Nov 2, 2023 | 13 |
| -1.86% | Apr 1, 2024 | 15 | Apr 19, 2024 | 14 | May 9, 2024 | 29 |
| -1.45% | Sep 3, 2024 | 4 | Sep 6, 2024 | 4 | Sep 12, 2024 | 8 |
| -0.85% | Oct 23, 2024 | 7 | Oct 31, 2024 | 4 | Nov 6, 2024 | 11 |
Volatility
Volatility Chart
The current Innovator U.S. Equity 10 Buffer ETF - Quarterly volatility is 1.40%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.