QFLR: INNOVATOR NASDAQ-100 MANAGED FLOOR ETF
ETF Education Report: INNOVATOR NASDAQ-100 MANAGED FLOOR ETF (QFLR)
What this ETF is trying to do
The INNOVATOR NASDAQ-100 MANAGED FLOOR ETF (ticker: QFLR) is an exchange-traded fund listed on the NYSE. While the specific strategy details are not provided in the data, it holds a variety of stocks within its portfolio.
What the numbers show
The current price of QFLR is $36.68. Looking at how the share price has moved, we can see some recent growth:
• Year-to-Date (YTD) Price Return: The share price has increased by approximately 7.00% since the start of the year.
• One-Year Price Return: Over the last 12 months, the share price has increased by approximately 10.25%.
Because this ETF did not pay out any distributions, the "price return" (the change in share price) and the "total return" (the overall gain including dividends) are the same. For example, the one-year total return is also approximately 10.25%.
To understand the price change, we can look at an estimated starting point. The estimated price from roughly one year ago was $33.27.
Income and distribution explanation
Some investors look for ETFs that pay them regular cash, known as distributions. For QFLR, no distributions were detected in the last 12 months. The distribution yield is 0%. This means the ETF has not been providing cash income to shareholders during this period.
NAV erosion explanation
"NAV erosion" is a term used to describe when the value of the underlying assets in an ETF decreases significantly over time. It is important to distinguish between a simple drop in share price and actual NAV erosion.
For QFLR, the erosion-risk score is 100, and the label indicates "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag present.
Top Holdings
The following are the top holdings in this ETF. Please note that this is a partial list, as the ETF holds 51 total companies. Holdings can change over time.
• NVIDIA CORP: 8.90%
• APPLE INC: 8.57%
• MICROSOFT CORP: 6.98%
• MICRON TECHNOLOGY INC: 5.47%
• AMAZON.COM INC: 5.22%
• ADVANCED MICRO DEVICES INC: 5.20%
• WALMART INC: 4.20%
• META PLATFORMS INC CLASS A: 4.04%
• ALPHABET INC CLASS A: 3.65%
• ALPHABET INC CLASS C: 3.45%
Pros
• The ETF has shown positive price returns over the last year and year-to-date.
• The erosion-risk measurements currently show no signs of price erosion.
Cons
• The ETF does not currently provide cash distributions or income.
Beginner takeaway
QFLR has seen its share price grow over the past year. While it has not provided cash income through distributions, its current price movement and erosion-risk score suggest the share price has been increasing without detected signs of NAV erosion.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NVIDIA CORP | NVDA | 8.90% |
| 2 | APPLE INC | AAPL | 8.57% |
| 3 | MICROSOFT CORP | MSFT | 6.98% |
| 4 | MICRON TECHNOLOGY INC | MU | 5.47% |
| 5 | AMAZON.COM INC | AMZN | 5.22% |
| 6 | ADVANCED MICRO DEVICES INC | AMD | 5.20% |
| 7 | WALMART INC | WMT | 4.20% |
| 8 | META PLATFORMS INC CLASS A | META | 4.04% |
| 9 | ALPHABET INC CLASS A | GOOGL | 3.65% |
| 10 | ALPHABET INC CLASS C | GOOG | 3.45% |