Innovator Capital Management, LLC (Innovator) announced today the
Innovator IBD® 50 ETF (NYSE:FFTY) celebrated its 3-year anniversary
on April 9th, 2018. As of April 30th, 2018 the fund earned a
Morningstar 4-Star Rating out of 18 ETFs based on risk-adjusted
returns for the 3 year and Overall period. FFTY, which is
categorized by Morningstar as a Mid-Cap Growth ETF, has
outperformed the Morningstar Mid Growth Index by over 2.4% per
year1 since it incepted on April 9, 2015. The Fund’s assets
increased from $38 million in May 2017 to more than $352 million as
of April 30th, 2018.
The Innovator IBD 50 ETF (FFTY) provides
exposure to a tactical, high-conviction portfolio of the 50
top-ranked growth stocks according to Investor’s Business Daily’s
(IBD®) CAN SLIM Investing System.
“We are thrilled to celebrate the Innovator IBD
50 ETF three-year track record and 4-Star Morningstar Rating,” said
Bruce Bond, Chief Executive Officer of Innovator. “Investor’s
Business Daily has garnered a strong reputation and wide investor
following for identifying high-quality emerging growth companies.
We look forward to partnering on additional strategies in the
future.”
“The IBD 50 has a long record of outperformance
and long-term investors can use this as an opportunity to dollar
cost average into the strategy,” added Chris Gessel, Chief Content
Officer of IBD.
Innovator IBD® 50 ETF Performance as of
3/31/2018 |
|
|
|
|
|
|
YTD |
1
Year |
3
Year |
5
Year |
Inception |
ETF NAV |
0.39% |
31.22% |
- |
- |
10.15% |
ETF Closing Price |
0.42% |
31.40% |
- |
- |
10.19% |
Morningstar Mid Growth Index |
3.36% |
20.82% |
- |
- |
7.46% |
S&P 500 Index |
-0.76% |
14.07% |
- |
- |
10.59% |
Fund inception is 4/9/2015. FFTY has a gross
expense ratio of 1.03% and a net expense ratio of 0.80%, which
represents a contractual fee waiver in effect through 5/9/19.
Performance quoted represents past performance, which is no
guarantee of future results. Investment returns and principal value
will fluctuate, so you may have a gain or loss when shares are
sold. Current performance may be higher or lower than that quoted.
One cannot invest directly in an index. Visit innovatoretfs.com for
current month-end performance.
The Innovator IBD® 50 ETF tracks the IBD 50
Index. The CAN SLIM methodology governing the stock selection of
the Index incorporates both fundamental and technical analysis,
evaluating current and annual earnings, new products, service or
management, stock price performance, leadership, institutional
ownership, and the overall market. The Index is reconstituted and
rebalanced on a weekly basis and weighted based on the strength of
component ratings to maintain the 50 leading growth stocks from a
universe of over 7,000 names.
IBD 50 Rank Weighted List
performance
Since List Inception (4.11.2003)2 |
Annualized Return (%) |
Std. Dev. |
IBD 50 Rank Weighted List |
21.22% |
20.13% |
S&P 500 Index |
9.95% |
13.27% |
Source: IBD as of March 31, 2018. Performance quoted represents
past performance, which is no guarantee of future results.
Focusing on industry-leading companies that are
generating outstanding profit growth, significant sales increases,
wide profit margins, and high return on equity, combined with
institutional sponsorship, the IBD 50 CAN SLIM selection
methodology has a history of picking the most dynamic growth stocks
that regularly outpace the broad market, regardless of market cap,
sector and geography.
About Innovator Capital Management,
LLCInnovator Capital Management, LLC is an SEC registered
investment advisor (RIA) based in Wheaton, IL. Formed in 2014, the
firm is currently headed by ETF visionaries Bruce Bond and John
Southard, founders of one of the largest ETF providers in the
world. Innovation is our hallmark and acts as a guide to our
company principles. Innovator is committed to helping investors
better control their financial outcomes by providing investment
opportunities they never considered or thought possible.
About Investor’s Business DailyInvestor’s
Business Daily is a leading financial news and research
organization recognized for providing stock screens, comparative
performance ratings, and unique commentary helping investors zero
in on top performing growth stocks. IBD® offers individual and
professional investors a comprehensive lineup of print and online
products, all based on a powerful investing system that has
dramatically outperformed the S&P 500. IBD® was founded by
William J. O'Neil, who also originated CAN SLIM.
Media ContactBill Conboy+1 (303)
415-2290bill@bccapitalpartners.com
1 Source: Bloomberg L.P., data from April 9, 2015 to April
9, 2018.
2 The IBD List has been historically published
since 4/11/2003. On 11/3/2017 it was formally codified in the IBD
50 Index.
Investing involves risks. Principal loss is possible. ETFs face
numerous market trading risks, including the potential lack of an
active market for Fund shares, losses from trading in secondary
markets, periods of high volatility and disruption in the
creation/redemption process of the Fund. Unlike mutual funds, ETFs
may trade at a premium or discount to their net asset value. ETFs
are bought and sold at market price and not individually redeemed
from the fund. Brokerage commissions will reduce returns. It is not
possible to invest directly in an index. The “IBD®” mark and logo
have been licensed to the Adviser by Investor’s Business Daily,
Inc. (IBD) for use in connection with the Fund under certain
circumstances. The Fund is not sponsored, endorsed or sold by IBD.
IBD makes no representation regarding the advisability of investing
in the Fund. Investor’s Business Daily® mark and associated logos
are used with permission by IBD.
The Morningstar RatingTM for funds, or “star rating”, is
calculated for managed products (including mutual funds, variable
annuity and variable annuity and variable life subaccounts,
exchange-traded funds, closed-end funds, and separate accounts)
from 1 to 5 stars based on how well they've performed (after
adjusting for risk and accounting for sales charges) in comparison
to similar funds and ETFs. Ratings are objective, based entirely on
a mathematical evaluation of past performance. Past performance is
no guarantee of future results. Ratings reflect fee waivers in
effect; in their absence, ratings may have been lower. The
Morningstar RatingTM for funds, or “star rating”, is calculated for
managed products with at least a three-year history.
Exchange-traded funds and open-ended mutual funds are considered a
single population for comparative purposes. It is calculated based
on a Morningstar Risk-Adjusted Return measure that accounts for
variation in a managed product’s monthly excess performance,
placing more emphasis on downward variations and rewarding
consistent performance. The top 10% of products in each product
category receive 5 stars, the next 22.5% receive 4 stars, the next
35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom
10% receive 1 star. The Overall Morningstar Rating for a managed
product is derived from a weighted average of the performance
figures associated with its three-, five-, and 10-year (if
applicable) Morningstar Rating metrics. The weights are: 100%
three-year rating for 36-59 months of total returns, 60% five-year
rating/40% three-year rating for 60-119 months of total returns,
and 50% 10-year rating/30% five-year rating/20% three-year rating
for 120 or more months of total returns. While the 10-year overall
star rating formula seems to give the most weight to the 10-year
period, the most recent three-year period actually has the greatest
impact because it is included in all three rating periods.
The Fund’s investment objectives, risks, charges and
expenses should be considered before investing. The prospectus
contains this and other important information, and may be obtained
at innovatoretfs.com. Read it carefully before investing.
Innovator ETFs are distributed by Foreside Fund Services, LLC.
Copyright © 2018 Innovator Capital Management,
LLC.800.208.5212
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