XTJL

Innovator U.S. Equity Accelerated Plus ETF - July

$37.99
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Innovator U.S. Equity Accelerated Plus ETF - July seeks to provide exposure to the U.S. equity market with the potential for accelerated returns compared to the underlying index, subject to a cap.

Overview

ETF tracking Innovator U.S. Equity Accelerated Plus ETF - July

Category Other
Issuer Other
Inception Date 2021-07-01
Market Cap $16.1M
Average Volume N/A
Dividend Yield N/A
52-Week Range $28.89 - $38.39
VWAP $37.90

Performance

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Investment Summary

📎 Investment Objective

The Innovator U.S. Equity Accelerated Plus ETF - July seeks to provide exposure to the U.S. equity market with the potential for accelerated returns compared to the underlying index, subject to a cap.

🎯 Investment Strategy

The ETF uses a structured outcome strategy that provides exposure to the S&P 500 Index, with the potential for returns to be accelerated by a defined upside cap. The fund resets annually in July.

✨ Key Features

  • Seeks to provide accelerated returns compared to the S&P 500 Index, subject to a cap
  • Resets annually in July to provide a new one-year outcome period
  • Designed to help investors manage market risk and volatility
  • Expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The fund's returns are tied to the performance of the U.S. equity market and may be volatile
  • Capped upside potential: The fund's returns are subject to a defined upside cap, limiting potential gains
  • Reset risk: The fund's strategy resets annually, which may impact the fund's performance compared to the underlying index
  • Liquidity risk: As a new fund, trading volume and liquidity may be limited

👤 Best For

This ETF may be suitable for investors seeking exposure to the U.S. equity market with the potential for accelerated returns, while being willing to accept the fund's defined upside cap and other risks. It may be most appropriate for investors with a medium to long-term investment horizon and a moderate risk tolerance.