Innovator U.S. Equity Buffer ETF (BNOV)
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 $49.51, up 0.47% on the session, giving a market capitalisation of $214.1M. Its beta of 0.67 implies it has historically moved less than the broad market.
This fund aims to replicate the performance of the SPDR S&P 500 ETF Trust (SPY), with returns subject to a predefined maximum gain. Concurrently, it offers protection against the initial 9% of losses experienced within a given outcome period. While suitable for indefinite holding, the fund's cap and buffer characteristics are recalibrated annually at the conclusion of each approximately year-long outcome period.
Innovator U.S. Equity Buffer ETF is most often compared with the following Financial Services names: