NJAN

Innovator Growth-100 Power Buffer ETF - January

$53.60

+0.00%

Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Innovator Growth-100 Power Buffer ETF - January seeks to provide investors with returns that match those of the Nasdaq-100 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 Growth-100 Power Buffer ETF - January

Category Utilities

Issuer Other

Inception Date 2020-01-02

Market Cap $305.5M

Average Volume N/A

Dividend Yield N/A

52-Week Range $42.98 - $53.95

VWAP $53.60

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF uses a defined outcome strategy, where it purchases a series of FLEX options on the Nasdaq-100 Index with a one-year outcome period. This allows the fund to provide upside exposure to the index, up to a cap, while also providing a 15% buffer against losses.

✨ Key Features

Seeks to match the returns of the Nasdaq-100 Index, up to a predetermined cap
Provides a 15% buffer against losses over a one-year outcome period
Resets the buffer and cap annually on a predetermined date (January)
Expense ratio of 0.00%

⚠️ Primary Risks

Market risk: The ETF's returns are tied to the performance of the Nasdaq-100 Index, and it will be subject to the same market fluctuations
Capped upside: The fund's returns are capped, so investors will not fully participate in gains above the cap
Buffer breach risk: If losses exceed the 15% buffer, investors will be exposed to those losses
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 equity-like returns with a level of downside protection, particularly those with a medium-term investment horizon and a moderate risk tolerance. It may be most appropriate as a core or satellite holding within a diversified portfolio.