LVHB — Innovator Laddered Fund of S&P 500 Power Buffer ETFs
Data updated: 2021-09-28
LVHB — Innovator Laddered Fund of S&P 500 Power Buffer ETFs. United States Large Cap Blend / Core Equity. Holdings, fees, performance and SEC filings.
LVHB Fund Overview
LVHB — Innovator Laddered Fund of S&P 500 Power Buffer ETFs is a US mutual fund managed by Innovator ETFs Trust II, categorised as United States Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Innovator ETFs Trust II
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $61.13M
- 1-year return: 11.6%
- Ticker: LVHB
- SEC CIK: 0001595106
- SEC series ID: S000055264
- Share class ID: C000173761
LVHB Investment Objective and Strategy
Innovator Laddered Fund of S&P 500 Power Buffer ETFs describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Innovator ETFs Trust II.
Investment objective
The Elkhorn Lunt Low Vol/High Beta Tactical ETF (the ?Fund?) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Lunt Capital U.S. Large Cap Equity Rotation Index (the ?Index?).
Principal investment strategy
The Fund generally will invest at least 80% of its total assets in the U.S.-listed large capitalization common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund?s investment adviser seeks a correlation of 0.95 or better (before fees and expenses) between the Fund?s performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. Lunt Capital Management, Inc. (?Lunt Capital? or the ?Index Provider?) compiles, maintains and calculates the Index. The Index utilizes Lunt Capital ?s proprietary relative strength methodology to rotate between one of two sub-indices that identify certain components of the S&P 500. The first sub-index is the S&P 500 Low Volatility Index; the second sub-index is the S&P 500 High Beta Index (each, a ?Sub-Index,?
and together, the ?Sub-Indices?). The S&P 500 Low Volatility Index is comprised of 100 securities from the S&P 500 Index that have the lowest realized ?volatility? over the past 12 months as determined by the Index Provider. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations (increases or decreases in a stock?s price) over time. The S&P 500 High Beta Index is comprised of 100 securities from the S&P 500 Index that have the highest sensitivity to market movements, or ?beta,? over the past 12 months. Beta is a measure of relative risk and is the rate of change of a security?s price. S&P Opco LLC (a subsidiary of S&P Dow Jones Indices, LLC) compiles, maintains and calculates the S&P 500 and the Sub-Indices. At the end of each month, t he Index selects the Sub-Index that exhibits the stronger relative strength measurement, as described below.
This end-of-month evaluation establishes which Sub-Index the Index will invest in for the next month. Since the Index is rebalanced at the end of each month, the Fund may frequently buy and sell portfolio securities. Frequent turnover of the Fund?s portfolio securities may negatively affect the Fund?s performance because the Fund may pay higher levels of transaction costs and generate greater tax liabilities for shareholders. Under normal market circumstances, t he Index will be fully invested in the securities of the selected Sub-Index in proportion to their weightings in the Sub-Index. The Sub-Indices, and therefore the Index, comprise U.S.-listed large capitalization stocks. Security selection for the Index will be conducted in the following manner: 1. The selection universe of the Index begins with the Sub-Indices.
2. The Sub-Indices are then ranked using Lunt Capital?s proprietary relative strength index methodology that is based upon the price movements of each Sub-Index believed to offer the greatest potential to outperform the other Sub-Index in the selection universe. On the final trading day of each month, the Index Provider computes the relative strength of each Sub-Index by comparing the Risk-Adjusted Score of one Sub-Index to the other. The ?Risk-Adjusted Score? is the return per unit of risk of the Sub-Index, measured as the standard deviation of returns measured over the course of the prior 12 months of the Sub-Index. 3. Lunt Capital next selects the Sub-Index with the highest relative strength measurement for inclusion in the Index. 4. The Index is evaluated on a monthly basis. The Index will invest in the underlying equity securities of the Sub-Index selected in step (3) at the end of each month.
For more information on the Index, please refer to the Index Provider section later in this prospectus. Concentration Policy. The Fund will concentrate its investments ( i.e., invest more than 25% of the value of its total assets) in securities of issuers in any one industry or group of industries only to the extent that the Index reflects a concentration in that industry or group of industries. The Fund will not otherwise concentrate its investments in securities of issuers in any one industry or group of industries.
LVHB Performance
Total returns for LVHB (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 11.6% |
LVHB Risk Information
Risk metrics for LVHB, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 5.0%
LVHB Costs and Fees
LVHB costs about $99 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.99%
- Gross expense ratio: 0.99%
- Brokerage commissions: 31.66 bps of average net assets (SEC N-CEN)
LVHB Cashflows
Over the 12 months to 2021-07, Innovator Laddered Fund of S&P 500 Power Buffer ETFs had net inflows of $112.36M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-07 | $10.45M |
| 2021-06 | $0 |
| 2021-05 | $8.62M |
| 2021-04 | $1.72M |
| 2021-03 | $6.74M |
| 2021-02 | $3.35M |
LVHB Debt Constituents
No individual debt constituents are reported in Innovator Laddered Fund of S&P 500 Power Buffer ETFs's latest SEC N-PORT filing.
LVHB Prospectus and SEC Filings
Official Innovator Laddered Fund of S&P 500 Power Buffer ETFs filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-03-01
- Prospectus (485BPOS) — filed 2020-08-19
- Prospectus supplement (497) — filed 2021-08-25
- Portfolio holdings (N-PORT) — filed 2021-09-28
- Portfolio holdings (N-PORT) — filed 2021-06-28
- Portfolio holdings (N-PORT) — filed 2021-03-31
- Annual census (N-CEN) — filed 2021-01-12
- Annual census (N-CEN) — filed 2020-01-10
Related Funds
Other United States Large Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.