QBUF

Innovator Nasdaq-100 10 Buffer ETF Quarterly

$28.97
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The Innovator Nasdaq-100 10 Buffer ETF Quarterly seeks to provide investors with returns that match those of the Nasdaq-100 Index, up to a cap, while providing a buffer against the first 10% of losses over a quarterly outcome period.

Overview

ETF tracking Innovator Nasdaq-100 10 Buffer ETF Quarterly

Category Technology
Issuer Other
Inception Date 2024-07-01
Market Cap $158.6M
Average Volume N/A
Dividend Yield N/A
52-Week Range $24.76 - $29.23
VWAP $28.98

Performance

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Investment Summary

📎 Investment Objective

The Innovator Nasdaq-100 10 Buffer ETF Quarterly seeks to provide investors with returns that match those of the Nasdaq-100 Index, up to a cap, while providing a buffer against the first 10% of losses over a quarterly outcome period.

🎯 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 level of upside participation and downside protection. The fund resets its parameters at the start of each quarterly outcome period.

✨ Key Features

  • Provides exposure to the Nasdaq-100 Index with a 10% buffer against losses over a quarterly outcome period
  • Caps upside returns at a predetermined level in exchange for the buffer protection
  • Resets its parameters at the start of each new quarterly outcome period
  • Has low expenses with a 0.00% expense ratio

⚠️ 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 fund's predetermined cap level
  • Reset risk, as the fund's parameters may change at the start of each new outcome period
  • Liquidity risk, as the fund may trade at a premium or discount to its net asset value

👤 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 those looking to limit potential losses during market downturns.