XTJA
Innovator U.S. Equity Accelerated Plus ETF - January
📎 Investment Objective
The Innovator U.S. Equity Accelerated Plus ETF - January seeks to provide investors with upside exposure to the U.S. equity market, subject to a cap, while providing a buffer against the first 5% of losses over the outcome period.
Overview
ETF tracking Innovator U.S. Equity Accelerated Plus ETF - January
Performance
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Investment Summary
📎 Investment Objective
The Innovator U.S. Equity Accelerated Plus ETF - January seeks to provide investors with upside exposure to the U.S. equity market, subject to a cap, while providing a buffer against the first 5% 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 returns based on the performance of the SPDR S&P 500 ETF Trust (SPY) over a specified one-year outcome period. The strategy aims to provide upside participation up to a cap, while limiting downside risk to the first 5% of losses.
✨ Key Features
- Defined outcome strategy with upside participation and downside buffer
- Resets annually in January to provide a new one-year outcome period
- Expense ratio of 0.00%
- Relatively new ETF with limited performance history
⚠️ Primary Risks
- Market risk: The ETF's returns are tied to the performance of the U.S. equity market, which can be volatile
- Capped upside potential: The ETF's returns are subject to a cap, limiting the upside exposure
- Outcome period risk: The defined outcome parameters only apply at the end of the one-year outcome period
- Liquidity risk: As a new ETF, trading volume and liquidity may be limited
👤 Best For
This ETF may be suitable for investors seeking U.S. equity exposure with a defined downside buffer and limited upside potential, as part of a diversified portfolio. It may be particularly appealing to more risk-averse investors or those with a shorter investment horizon.