KMAY
Innovator U.S. Small Cap Power Buffer ETF - May
📎 Investment Objective
The Innovator U.S. Small Cap Power Buffer ETF - May seeks to provide exposure to U.S. small-cap stocks while aiming to provide a buffer against the first 15% of losses over an outcome period of approximately one year.
Overview
ETF tracking Innovator U.S. Small Cap Power Buffer ETF - May
Performance
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Investment Summary
📎 Investment Objective
The Innovator U.S. Small Cap Power Buffer ETF - May seeks to provide exposure to U.S. small-cap stocks while aiming to provide a buffer against the first 15% of losses over an outcome period of approximately one year.
🎯 Investment Strategy
The ETF invests in a portfolio of U.S. small-cap stocks and uses options strategies to provide the buffer against the first 15% of losses. The fund resets its buffer and upside cap annually in May.
✨ Key Features
- Seeks to provide exposure to U.S. small-cap stocks with a 15% buffer against losses over a one-year outcome period
- Resets its buffer and upside cap annually in May
- Utilizes an options-based strategy to achieve its investment objective
- Expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the ETF's holdings may decline due to general market and economic conditions
- Small-cap risk: Small-cap companies may have less liquidity and greater price volatility than large-cap companies
- Options risk: The use of options may not be successful and could result in losses to the fund
- Reset risk: The fund's buffer and cap will reset annually, and investors who hold longer than the outcome period may experience losses
👤 Best For
This ETF may be suitable for investors seeking exposure to U.S. small-cap stocks with a level of downside protection, and who have a medium-term investment horizon and a moderate risk tolerance. Investors should understand the fund's reset mechanism and be comfortable with the potential for losses beyond the buffer.