NJUL

Innovator Growth-100 Power Buffer ETF - July

$71.30
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Innovator Growth-100 Power Buffer ETF - July seeks to provide investors with exposure to the large-cap U.S. equity market, 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 - July

Category Utilities
Issuer Other
Inception Date 2020-07-01
Market Cap $260.2M
Average Volume N/A
Dividend Yield N/A
52-Week Range $56.05 - $72.25
VWAP $71.33

Performance

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Investment Summary

📎 Investment Objective

The Innovator Growth-100 Power Buffer ETF - July seeks to provide investors with exposure to the large-cap U.S. equity market, 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 returns based on the performance of the Nasdaq-100 Index, subject to a buffer against the first 15% of losses.

✨ Key Features

  • Provides exposure to the large-cap U.S. equity market through the Nasdaq-100 Index
  • Offers a 15% buffer against losses over a one-year period
  • Resets annually in July, providing a new one-year outcome period
  • Charges a 0.00% expense ratio

⚠️ Primary Risks

  • Market risk: The ETF's returns are tied to the performance of the Nasdaq-100 Index, and it is subject to the risks associated with investing in U.S. equities.
  • Buffered loss risk: While the ETF provides a 15% buffer against losses, investors may still experience losses beyond that threshold.
  • Opportunity cost risk: By providing a buffer, the ETF may forgo some upside potential compared to a direct investment in the Nasdaq-100 Index.
  • Liquidity risk: As a new ETF with low assets under management, it may have lower trading volume and liquidity compared to more established funds.

👤 Best For

The Innovator Growth-100 Power Buffer ETF - July may be suitable for investors seeking exposure to the large-cap U.S. equity market with a level of downside protection, particularly those with a moderate risk tolerance and a one-year investment horizon.