Innovator Growth-100 Power Buffer ETF (NOCT)
Innovator Growth-100 Power Buffer ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $63.47, up 0.32% on the session, giving a market capitalisation of $227.9M. Its beta of 0.55 implies it has historically moved less than the broad market.
The Innovator Growth-100 Power Buffer ETF (NOCT) is designed to mirror the market performance of the Invesco QQQ Trust (QQQ). It achieves this with a maximum upside potential, defined by a predetermined cap, but simultaneously provides a protective cushion against the initial 15% of any downward market movement over its specific outcome period. These parameters – both the cap and the buffer – are calculated prior to the deduction of any fees and operational expenses. Investors have the flexibility to hold this ETF for an indefinite period, as its terms are renewed, or 'reset,' roughly once a year at the completion of each investment cycle.
Innovator Growth-100 Power Buffer ETF is most often compared with the following Financial Services names: