Innovator U.S. Equity Power Buffer ETF (PAPR)
Innovator U.S. Equity Power Buffer ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $42.87, up 0.12% on the session, giving a market capitalisation of $784.2M. Its beta of 0.45 implies it has historically moved less than the broad market.
The Innovator U.S. Equity Power Buffer ETF (PAPR) is engineered to mirror the performance of the SPDR S&P 500 ETF Trust (SPY), albeit with its maximum gains limited by a preset ceiling. Concurrently, it shields investors from the first 15% of potential market losses over a defined period. This ETF is designed for continuous investment, as its protective buffer and growth cap are recalibrated at the conclusion of each approximately annual cycle.
Innovator U.S. Equity Power Buffer ETF is most often compared with the following Financial Services names: