DDTL
Innovator Equity Dual Directional 10 Buffer ETF - July
📎 Investment Objective
The Innovator Equity Dual Directional 10 Buffer ETF - July seeks to provide investors with exposure to the S&P 500 Index, while providing a buffer against the first 10% of losses and participation in the upside of the index up to a predetermined cap.
Overview
ETF tracking Innovator Equity Dual Directional 10 Buffer ETF - July
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Innovator Equity Dual Directional 10 Buffer ETF - July seeks to provide investors with exposure to the S&P 500 Index, while providing a buffer against the first 10% of losses and participation in the upside of the index up to a predetermined cap.
🎯 Investment Strategy
The ETF achieves its objective by investing in a portfolio of options contracts designed to provide the desired buffer and participation features. The fund resets its buffer and cap levels annually in July.
✨ Key Features
- Provides a 10% buffer against losses in the S&P 500 Index
- Offers participation in the upside of the S&P 500 Index up to a predetermined cap
- Resets its buffer and cap levels annually in July
- Designed as a long-term investment to be held until the next annual reset
⚠️ Primary Risks
- Market risk: The ETF's performance is tied to the S&P 500 Index and is subject to general market fluctuations
- Capped upside risk: The fund's upside participation is limited by the predetermined cap level
- Reset risk: The buffer and cap levels are reset annually, which may result in less favorable terms for investors
- Liquidity risk: The ETF may have lower trading volume and liquidity compared to more established funds
👤 Best For
This ETF may be suitable for investors seeking exposure to the S&P 500 Index with some downside protection, and who are willing to hold the investment until the next annual reset. It may be most appropriate for investors with a moderate risk tolerance and a long-term investment horizon.