PSEP

Innovator U.S. Equity Power Buffer ETF - September

$43.01

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Innovator U.S. Equity Power Buffer ETF - September seeks to provide investors with returns that match those of the S&P 500 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 U.S. Equity Power Buffer ETF - September

Category Utilities

Issuer Other

Inception Date 2019-09-03

Market Cap $989.2M

Average Volume N/A

Dividend Yield N/A

52-Week Range $36.04 - $43.38

VWAP $43.01

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF uses a defined outcome strategy, where it purchases a portfolio of FLexible EXchange (FLEX) options on the S&P 500 Index to provide the desired upside participation and downside protection. The fund resets its parameters annually in September.

✨ Key Features

Provides a 15% buffer against losses over a one-year period
Caps upside participation at a predetermined level to fund the buffer
Resets parameters annually in September
Designed to help manage volatility and downside risk

⚠️ Primary Risks

Market risk: The ETF's returns are tied to the performance of the S&P 500 Index
Capped upside potential: Investors forgo gains above the predetermined cap
Counterparty risk: Reliance on the creditworthiness of options counterparties
Liquidity risk: Potential for reduced liquidity during market stress

👤 Best For

This ETF may be suitable for investors seeking equity market exposure with a defined level of downside protection, particularly those with a moderate risk tolerance and a one-year investment horizon.