XTOC
Innovator U.S. Equity Accelerated Plus ETF - October
📎 Investment Objective
The Innovator U.S. Equity Accelerated Plus ETF seeks to provide investors with accelerated upside exposure to the S&P 500 Index, subject to a cap, while providing a buffer against the first 5% of losses.
Overview
ETF tracking Innovator U.S. Equity Accelerated Plus ETF - October
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Innovator U.S. Equity Accelerated Plus ETF seeks to provide investors with accelerated upside exposure to the S&P 500 Index, subject to a cap, while providing a buffer against the first 5% of losses.
🎯 Investment Strategy
The ETF uses a defined outcome strategy that provides accelerated upside exposure to the S&P 500 Index, up to a cap, and a 5% buffer against losses. It achieves this by investing in a portfolio of FLexible EXchange (FLEX) options on the S&P 500 Index.
✨ Key Features
- Seeks to provide accelerated upside exposure to the S&P 500 Index, up to a cap
- Provides a 5% buffer against losses on the downside
- Resets the upside cap and downside buffer on a monthly basis
- Utilizes FLEX options to implement the defined outcome strategy
⚠️ Primary Risks
- Market risk: The ETF's returns are tied to the performance of the S&P 500 Index and are subject to market volatility
- Capped upside risk: The ETF's upside exposure is subject to a cap, limiting potential gains
- Counterparty risk: The ETF's FLEX options expose it to the creditworthiness of the option counterparties
- Liquidity risk: The FLEX options may have limited liquidity, which could impact the ETF's ability to achieve its investment objective
👤 Best For
The Innovator U.S. Equity Accelerated Plus ETF may be suitable for investors seeking exposure to the U.S. equity market with the potential for accelerated upside returns, while also seeking some protection against downside losses. Investors should have a medium to long-term investment horizon and be comfortable with the risks associated with the ETF's defined outcome strategy.