Innovator ETFs Trust Innovator Laddered Allocation Buffer ETFInnovator ETFs Trust Innovator Laddered Allocation Buffer ETFInnovator ETFs Trust Innovator Laddered Allocation Buffer ETF

Innovator ETFs Trust Innovator Laddered Allocation Buffer ETF

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Key stats

Assets under management (AUM)
‪119.44 M‬USD
Fund flows (1Y)
‪65.11 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
0.07%

About Innovator ETFs Trust Innovator Laddered Allocation Buffer ETF

Issuer
Innovator Capital Management LLC
Brand
Innovator
Expense ratio
0.89%
Inception date
Feb 9, 2022
Index tracked
MerQube U.S. Large Cap Equity Buffer Laddered Index - Benchmark TR Gross
Management style
Active
BUFB is a collection of buffer ETFs in one ticket. The fund seeks to offer investors a passively managed fund-of-funds portfolio that invests equally across the issuers own, monthly S&P 500 Buffer ETFs. Each underlying ETF uses FLEX options in an effort to provide a buffer against the first 9% of losses in the S&P 500 and capped upside performance over a one-year holding period. The funds laddered approach allows each ETF to conclude its one-year outcome period and then roll to a new outcome period. Thus, resetting both buffer and cap level for another twelve months, each month, helping to mitigate timing risks associated with the strategy. In addition, the portfolio is rebalanced semi-annually to equal weighting. It is important to note though that the fund itself does not pursue a defined outcome strategy.

Classification

Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Buy-write
Weighting scheme
Equal
Selection criteria
Fixed

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of June 24, 2024
Exposure type
Bonds, Cash & Other
ETF
Bonds, Cash & Other100.00%
ETF99.88%
Cash0.12%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows