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Innovator Growth-100 Power Buffer ETF - November

$28.31

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Innovator Growth-100 Power Buffer ETF - November seeks to provide investors with returns that match those of the Nasdaq-100 Index, up to a predetermined upside cap, while providing a level of downside protection against losses of 15% over the course of a one-year period.

Overview

ETF tracking Innovator Growth-100 Power Buffer ETF - November

Category Utilities

Issuer Other

Inception Date 2024-11-01

Market Cap $21.9M

Average Volume N/A

Dividend Yield N/A

52-Week Range $23.19 - $28.89

VWAP $28.35

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 (FLEX) options that are designed to provide the desired upside exposure and downside protection. The fund resets its parameters annually in November.

✨ Key Features

Provides exposure to the Nasdaq-100 Index with a 15% buffer against losses over a one-year period
Seeks to match the Nasdaq-100 Index returns up to a predetermined upside cap
Resets its parameters annually in November
Expense ratio of 0.00%

⚠️ Primary Risks

Market risk, as the fund's returns are tied to the performance of the Nasdaq-100 Index
Capped upside potential, as returns are limited by the predetermined upside cap
Potential for underperformance compared to the Nasdaq-100 Index in strong market environments
Liquidity risk, as the fund may have limited trading volume

👤 Best For

This ETF 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. It may be particularly appealing to investors who are concerned about potential market downturns but still want to participate in the upside of the Nasdaq-100 Index.