NFEB

Innovator Growth-100 Power Buffer ETF - February

$27.41
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Innovator Growth-100 Power Buffer ETF - February seeks to provide exposure to the large-cap U.S. equity market with a built-in buffer against the first 15% of losses over an outcome period of approximately one year.

Overview

ETF tracking Innovator Growth-100 Power Buffer ETF - February

Category Utilities
Issuer Other
Inception Date 2025-02-03
Market Cap $48.6M
Average Volume N/A
Dividend Yield N/A
52-Week Range $22.00 - $27.62
VWAP $27.41

Performance

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Investment Summary

📎 Investment Objective

The Innovator Growth-100 Power Buffer ETF - February seeks to provide exposure to the large-cap U.S. equity market with a built-in buffer against the first 15% of losses over an outcome period of approximately one year.

🎯 Investment Strategy

The ETF uses an options-based strategy to provide exposure to the Nasdaq-100 Index, while also seeking to limit downside risk. It holds a portfolio of FLexible EXchange (FLEX) Options that are designed to provide returns based on the performance of the Nasdaq-100 Index, subject to a buffer against the first 15% of losses.

✨ Key Features

  • Seeks to provide exposure to the large-cap U.S. equity market with a built-in 15% buffer against losses over a one-year outcome period
  • Uses an options-based strategy to provide the desired equity exposure and risk management
  • Resets the buffer and upside cap annually, providing a new outcome period with each new fund series
  • Designed to be held for the full outcome period to achieve the stated buffer and cap

⚠️ Primary Risks

  • Market risk: The ETF's returns are subject to the performance of the underlying Nasdaq-100 Index
  • Options risk: The use of options exposes the fund to the risks associated with the options market
  • Outcome period risk: The fund's buffer and cap are only applicable for the specific outcome period, and may change with each new series
  • Liquidity risk: The ETF may experience lower trading volumes, which could impact its ability to buy and sell holdings

👤 Best For

The Innovator Growth-100 Power Buffer ETF - February may be suitable for investors seeking large-cap U.S. equity exposure with a level of downside protection, and who are willing to hold the fund for the full outcome period to achieve the stated buffer and cap.