KJUL
Innovator U.S. Small Cap Power Buffer ETF - July
📎 Investment Objective
The Innovator U.S. Small Cap Power Buffer ETF - July seeks to provide investors with returns that match the performance of the Russell 2000 Index, up to a predetermined cap, while providing a buffer against the first 15% of losses over the course of a one-year period.
Overview
ETF tracking Innovator U.S. Small Cap Power Buffer ETF - July
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Innovator U.S. Small Cap Power Buffer ETF - July seeks to provide investors with returns that match the performance of the Russell 2000 Index, up to a predetermined cap, while providing a buffer against the first 15% of losses over the course of a one-year period.
🎯 Investment Strategy
The ETF uses a defined outcome strategy, investing in a portfolio of FLexible EXchange (FLEX) options that are designed to provide the target upside exposure and downside buffer. The options reset annually in July, providing a new one-year outcome period.
✨ Key Features
- Seeks to match the Russell 2000 Index performance up to a cap, with a 15% buffer against losses
- Resets annually in July, providing a new one-year outcome period
- Expense ratio of 0.00%
- Small cap equity exposure
⚠️ Primary Risks
- Market risk: The ETF's returns are tied to the performance of the Russell 2000 Index, and it will be subject to the same market fluctuations
- Capped upside potential: The ETF's returns are capped at a predetermined level, limiting the upside participation
- Buffer risk: The 15% buffer against losses may not be sufficient in severe market downturns
- Liquidity risk: As a newer ETF, it may have lower trading volume and liquidity compared to more established funds
👤 Best For
This ETF may be suitable for investors seeking small cap equity exposure with a defined downside buffer, who have a medium-term investment horizon and are comfortable with the capped upside potential. It may be particularly appealing to those looking to manage risk in volatile market environments.