JAJL
Innovator Equity Defined Protection ETF - 6mo Jan/Jul
📎 Investment Objective
The Innovator Equity Defined Protection ETF seeks to provide investors with exposure to the crypto market while aiming to limit downside risk through a defined protection strategy.
Overview
ETF tracking Innovator Equity Defined Protection ETF - 6mo Jan/Jul
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Innovator Equity Defined Protection ETF seeks to provide investors with exposure to the crypto market while aiming to limit downside risk through a defined protection strategy.
🎯 Investment Strategy
The ETF utilizes a defined outcome strategy that aims to provide upside participation in the crypto market up to a cap, while also providing downside protection up to a buffer level. This is achieved through the use of options-based investments.
✨ Key Features
- Defined outcome strategy with upside participation and downside protection
- Resets protection levels on a semi-annual basis (January and July)
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Crypto market risk: The fund's performance is tied to the crypto market, which can be highly volatile and speculative
- Counterparty risk: The fund's options-based strategy exposes it to the risk of counterparty default or non-performance
- Liquidity risk: The fund may have limited trading volume, which could impact an investor's ability to buy or sell shares
- Defined outcome risk: The fund's defined protection levels may not be achieved, and investors could lose money
👤 Best For
This ETF may be suitable for investors seeking exposure to the crypto market with a defined level of downside protection, and who have a medium to long-term investment horizon. Investors should be comfortable with the risks associated with the crypto market and the fund's options-based strategy.