Innovator U.S. Equity Power Buffer ETF (PJAN)
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 $50.48, up 0.19% on the session, giving a market capitalisation of $1.27B. Its beta of 0.49 implies it has historically moved less than the broad market.
The Innovator U.S. Equity Power Buffer ETF is designed to replicate the returns of the SPDR S&P 500 ETF Trust (SPY), though with a pre-established ceiling on potential gains. Simultaneously, it provides a protective cushion for investors, absorbing the initial 15% of any losses incurred over its specified outcome period. This fund allows for continuous investment, as its characteristics are recalibrated roughly once a year at the conclusion of each outcome period.
Innovator U.S. Equity Power Buffer ETF is most often compared with the following Financial Services names: