NMAY

Innovator Growth-100 Power Buffer ETF - May

$27.35

+0.00%

Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Innovator Growth-100 Power Buffer ETF - May seeks to provide investors with returns that match those of the Nasdaq-100 Index, up to a predetermined upside cap, while providing a buffer against the first 15% of losses over the outcome period.

Overview

ETF tracking Innovator Growth-100 Power Buffer ETF - May

Category Utilities

Issuer Other

Inception Date 2025-05-01

Market Cap $17.1M

Average Volume N/A

Dividend Yield N/A

52-Week Range $24.71 - $27.54

VWAP N/A

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF uses a defined outcome strategy, investing in a portfolio of FLexible EXchange Options (FLEX Options) on the Nasdaq-100 Index. The options are structured to provide upside exposure to the Nasdaq-100 Index, up to a cap, while buffering against the first 15% of losses over the outcome period.

✨ Key Features

Seeks to match the Nasdaq-100 Index returns up to a predetermined cap
Provides a 15% buffer against losses over the outcome period
Resets on an annual basis, allowing investors to extend their time horizon
Expense ratio of 0.00%

⚠️ Primary Risks

Market risk: The ETF's returns are tied to the performance of the Nasdaq-100 Index and may decline in a market downturn
Capped upside: The ETF's returns are capped at a predetermined level, limiting potential gains
Outcome period risk: Investors are subject to the outcomes of the specific 12-month period, and returns may vary year-over-year
Liquidity risk: The ETF's FLEX Options may have limited liquidity, potentially impacting the fund's ability to meet redemption requests

👤 Best For

The Innovator Growth-100 Power Buffer ETF - May may be suitable for investors seeking exposure to the Nasdaq-100 Index with a level of downside protection, and who have a medium-term investment horizon and a moderate risk tolerance.