Innovator Laddered Allocation Buffer ETF (BUFB)
Innovator Laddered Allocation Buffer ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $40.17, down 0.10% on the session, giving a market capitalisation of $254.2M. Its beta of 0.68 implies it has historically moved less than the broad market.
This Innovator Laddered Allocation Buffer ETF aims to replicate the investment performance of the MerQube US Large Cap Equity Buffer Laddered Index. The referenced index allocates equally across twelve separate Innovator U.S. Equity Buffer ETFs. These individual ETFs are structured to capture potential gains from U.S. equities, up to a predetermined cap, while also providing protection against the initial 9% of any U.S. equity market downturns.
Innovator Laddered Allocation Buffer ETF is most often compared with the following Financial Services names: