RBUF

📎 Investment Objective

The Innovator U.S. Small Cap 10 Buffer ETF - Quarterly seeks to provide investors with returns that match those of the Russell 2000 Index, up to a predetermined cap, while providing a buffer against the first 10% of losses over a three-month period.

✨ Key Features

• Provides exposure to the U.S. small-cap equity market with a 10% buffer against losses over a three-month period
• Resets its parameters (cap, buffer) on a quarterly basis to maintain the defined outcome strategy
• Charges a 0.00% expense ratio, making it a low-cost option for small-cap equity exposure
• Limited performance history as the fund is relatively new

⚠️ Primary Risks

• Market risk: The fund's returns are tied to the performance of the underlying Russell 2000 Index, and it will be subject to the same market fluctuations
• Capped upside potential: The fund's returns are capped at a predetermined level, limiting the potential upside
• Liquidity risk: As a newer fund, it may have lower trading volume and less liquidity than more established ETFs
• Counterparty risk: The fund's performance is dependent on the financial stability of the options counterparties

👤 Best For

The Innovator U.S. Small Cap 10 Buffer ETF - Quarterly may be suitable for investors seeking small-cap equity exposure with a level of downside protection, particularly those with a moderate risk tolerance and a holding period of at least three months. However, due to the limited performance history, investors should carefully consider the fund's risks and characteristics before investing.