Innovator U.S. Equity Power Buffer ETF (PDEC)
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 $46.90, up 0.27% on the session, giving a market capitalisation of $998.6M. Its beta of 0.51 implies it has historically moved less than the broad market.
The Innovator U.S. Equity Power Buffer ETF aims to largely replicate the performance of the SPDR S&P 500 ETF Trust (SPY). It provides investors with protection against the initial 15% of any losses incurred within a defined annual outcome period, though its upside potential is limited by a pre-set maximum gain. This fund is structured for continuous ownership, with its cap and buffer mechanisms renewing approximately once per year.
Innovator U.S. Equity Power Buffer ETF is most often compared with the following Financial Services names: