Innovator U.S. Equity Buffer ETF (BMAY)
Innovator U.S. Equity Buffer ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $48.52, up 0.12% on the session, giving a market capitalisation of $150.5M. Its beta of 0.48 implies it has historically moved less than the broad market.
The Innovator U.S. Equity Buffer ETF (BMAY) aims to replicate the performance of the SPDR S&P 500 ETF Trust (SPY), offering potential gains up to a specific, predefined maximum. Simultaneously, it provides a protective cushion for investors, shielding them from the initial 9% of any losses incurred over its designated outcome period. This ETF is suitable for long-term investment, as its features, including its upside potential and downside protection, refresh at the conclusion of each outcome period, which occurs approximately once per year.
Innovator U.S. Equity Buffer ETF is most often compared with the following Financial Services names: