PDEC

Innovator U.S. Equity Power Buffer ETF - December

$42.50

+0.00%

Market closed. Last update: 4:16 AM ET

📎 Investment Objective

The Innovator U.S. Equity Power Buffer ETF - December seeks to provide investors with returns that match those of the S&P 500 Index, up to a predetermined cap, while providing a level of downside protection against losses of up to 15% over a one-year period.

Overview

ETF tracking Innovator U.S. Equity Power Buffer ETF - December

Category Utilities

Issuer Other

Inception Date 2019-12-02

Market Cap $1.0B

Average Volume N/A

Dividend Yield N/A

52-Week Range $35.20 - $42.83

VWAP $42.51

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF uses a defined outcome strategy, where it purchases a series of FLEX options on the S&P 500 Index with a one-year outcome period. This allows the fund to participate in the upside of the S&P 500 up to a predetermined cap, while providing a 15% buffer against losses.

✨ Key Features

Defined outcome strategy with a 15% buffer against losses over a one-year period
Participation in the upside of the S&P 500 Index up to a predetermined cap
Resets the buffer and cap annually in December
Expense ratio of 0.00%

⚠️ Primary Risks

Market risk: The ETF's returns are tied to the performance of the S&P 500 Index and are subject to market fluctuations
Cap risk: The fund's upside participation is capped, limiting potential gains
Holding period risk: Investors who do not hold the ETF for the full one-year outcome period may not achieve the intended results
Liquidity risk: The ETF may have lower trading volume and liquidity compared to more established funds

👤 Best For

The Innovator U.S. Equity Power Buffer ETF - December may be suitable for investors seeking equity market exposure with a level of downside protection, particularly those with a medium-term investment horizon and a moderate risk tolerance.