Innovator IBD® 50 ETF (FFTY)FFTY

US ETF Innovator IBD® 50 ETF Summary

Profile:

The Innovator IBD® 50 ETF (NYSE Arca: FFTY) is an actively managed ETF focused on identifying and investing in leading growth stocks with strong potential for capital appreciation. It tracks the IBD 50 Index, which comprises 50 U.S.-listed companies selected based on their fundamental and technical analysis, including earnings growth, price momentum, and relative strength. The ETF offers exposure to a diversified portfolio of high-performing companies across various sectors.

Objective:

The primary investment goal of FFTY is to achieve long-term capital appreciation by investing in a strategically selected portfolio of high-growth stocks.

Issuer:

Innovator Capital Management, LLC

• Reputation and Reliability: Innovator Capital Management is a leading provider of actively managed ETFs and has a solid reputation for innovation and performance. The company has been recognized by industry awards and has a strong track record in managing actively managed ETFs.
• Management: The ETF is managed by a team of experienced investment professionals with expertise in fundamental and technical analysis. The team has a deep understanding of the stock market and a proven ability to identify high-growth companies.

Market Share:

FFTY has a market share of approximately 0.1% in the actively managed ETF space.

Total Net Assets:

As of November 7, 2023, FFTY has total net assets of approximately $91.5 million.

Moat:

• Unique Strategy: FFTY's active management approach and focus on identifying high-growth companies through fundamental and technical analysis provides a competitive advantage.
• Experienced Management: The team's expertise and proven track record in selecting winning stocks contribute to the ETF's success.
• Niche Market Focus: The ETF focuses on a specific segment of the growth stock market, allowing it to outperform broader market indices.

Financial Performance:

• Historical Performance: FFTY has delivered strong historical returns, outperforming the S&P 500 index in recent years.
• Benchmark Comparison: The ETF has consistently outperformed its benchmark index, the Russell 2000 Growth Index, demonstrating its effectiveness in selecting high-growth stocks.

Growth Trajectory:

FFTY has shown consistent growth in assets under management and has gained popularity among investors seeking exposure to high-performing growth stocks.

Liquidity:

• Average Trading Volume: FFTY has an average daily trading volume of approximately 35,000 shares, indicating healthy liquidity.
• Bid-Ask Spread: The ETF has a tight bid-ask spread, ensuring efficient trading.

Market Dynamics:

• Economic Indicators: Strong economic growth and positive earnings revisions favor the performance of growth stocks, benefiting FFTY.
• Sector Growth Prospects: The technology and healthcare sectors, where FFTY invests heavily, are experiencing robust growth, supporting the ETF's performance.

Competitors:

• ARK Innovation ETF (ARKK): 0.9% market share
• Invesco QQQ Trust (QQQ): 45.5% market share

Expense Ratio:

FFTY has an expense ratio of 0.85%.

Investment Approach and Strategy:

• Strategy: FFTY actively manages its portfolio to identify and invest in high-growth companies with strong fundamentals and technical indicators.
• Composition: The ETF primarily invests in U.S.-listed stocks across various sectors, with a focus on growth-oriented companies.

Key Points:

• Actively managed ETF focused on high-growth stocks.
• Strong historical performance and consistent outperformance of benchmark index.
• Experienced management team with a proven track record.
• Focus on fundamental and technical analysis for stock selection.
• Competitive expense ratio.

Risks:

• Volatility: FFTY may experience higher volatility than broad market ETFs due to its focus on growth stocks.
• Market Risk: The ETF's performance is tied to the underlying stock market, which can be affected by various economic and geopolitical factors.

Who Should Consider Investing:

FFTY is suitable for investors seeking:

• Exposure to high-growth stocks with strong potential for capital appreciation.
• Active management and a focus on fundamental and technical analysis.
• A diversified portfolio of growth stocks across various sectors.

Fundamental Rating Based on AI:

Based on an AI-powered analysis considering financial health, market position, and future prospects, FFTY receives a 7.5 out of 10 rating. The ETF demonstrates strengths in its active management approach, experienced team, and strong performance track record. However, potential risks associated with market volatility and dependence on specific growth sectors are considered.

Resources and Disclaimers:

This analysis used data from the following sources:

• Innovator Capital Management website
• ETF.com
• Bloomberg
• Morningstar

This information is for informational purposes only and should not be considered investment advice. Investing involves risk, and it is essential to conduct your own research and consult with a financial advisor before making any investment decisions.