XBAP

Innovator U.S. Equity Accelerated 9 Buffer ETF - April

$38.07
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Innovator U.S. Equity Accelerated 9 Buffer ETF - April seeks to provide investors with returns that are enhanced by 9% relative to the performance of the S&P 500 Price Index, up to a cap, while providing a buffer against the first 9% of losses over the outcome period.

Overview

ETF tracking Innovator U.S. Equity Accelerated 9 Buffer ETF - April

Category Other
Issuer Other
Inception Date 2021-04-01
Market Cap $154.2M
Average Volume N/A
Dividend Yield N/A
52-Week Range $32.27 - $38.17
VWAP $38.05

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The Innovator U.S. Equity Accelerated 9 Buffer ETF - April seeks to provide investors with returns that are enhanced by 9% relative to the performance of the S&P 500 Price Index, up to a cap, while providing a buffer against the first 9% of losses over the 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 stated level of upside participation and downside protection over a one-year outcome period. The fund resets annually in April.

✨ Key Features

  • Seeks to provide enhanced upside exposure to the S&P 500 up to a cap
  • Provides a 9% buffer against losses over the outcome period
  • Resets annually in April with a new one-year outcome period
  • Expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The fund's returns are linked to the performance of the S&P 500, so it is subject to the same market risks as the underlying index
  • Capped upside potential: The fund's returns are capped, so investors forgo unlimited upside participation
  • Outcome period risk: Investors who purchase shares outside of the annual outcome period may have a different risk/return profile than those who enter at the beginning
  • Liquidity risk: As a new fund with limited assets, trading may be less liquid compared to more established ETFs

👤 Best For

The Innovator U.S. Equity Accelerated 9 Buffer ETF - April may be suitable for investors seeking equity market exposure with a defined level of downside protection and enhanced upside participation, over a one-year holding period. It could be used as a core equity allocation or as part of a diversified portfolio.