KSEP

Innovator U.S. Small Cap Power Buffer ETF - September

$27.16
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Innovator U.S. Small Cap Power Buffer ETF - September seeks to provide investors with exposure to the U.S. small-cap equity market, 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 - September

Category Small Cap
Issuer Other
Inception Date 2024-09-03
Market Cap $34.6M
Average Volume N/A
Dividend Yield N/A
52-Week Range $22.69 - $27.85
VWAP $27.13

Performance

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Investment Summary

📎 Investment Objective

The Innovator U.S. Small Cap Power Buffer ETF - September seeks to provide investors with exposure to the U.S. small-cap equity market, while providing a buffer against the first 15% of losses over the course of a one-year period.

🎯 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 annually in September.

✨ Key Features

  • Provides exposure to the U.S. small-cap equity market
  • Offers a 15% buffer against losses over a one-year period
  • Resets the buffer annually in September
  • Relatively low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The fund's value will fluctuate with the U.S. small-cap equity market
  • Buffered loss risk: The 15% buffer may not be sufficient to protect against larger market declines
  • Liquidity risk: The fund may have lower trading volume and liquidity compared to larger ETFs
  • Concentration risk: The fund's small-cap focus means it may be more volatile than a more diversified fund

👤 Best For

This ETF may be suitable for investors seeking exposure to the U.S. small-cap equity market with some downside protection, and who have a medium to long-term investment horizon. Investors should be comfortable with the fund's volatility and the potential for the buffer to be exceeded during periods of significant market declines.