Innovator International Developed Power Buffer ETF - May (IMAY)
Innovator International Developed Power Buffer ETF - May operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $32.20, up 0.59% on the session, giving a market capitalisation of $55.6M. Its beta of 0.22 implies it has historically moved less than the broad market.
The Innovator International Developed Power Buffer ETF (IMAY) is designed to replicate the performance of the iShares MSCI EAFE ETF (EFA). It aims to provide investors with exposure to these returns, though with an upper limit on potential gains (a predetermined cap). Crucially, it also offers a built-in safeguard, shielding investors from the initial 15% of any losses incurred over its defined outcome period. This ETF is suitable for long-term holding, as its protective features and potential upside reset approximately annually at the end of each outcome cycle.
Innovator International Developed Power Buffer ETF - May is most often compared with the following Financial Services names: