Innovator U.S. Equity Power Buffer ETF (POCT)
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 $47.30, up 0.21% on the session, giving a market capitalisation of $972.1M. Its beta of 0.39 implies it has historically moved less than the broad market.
The Innovator U.S. Equity Power Buffer ETF is engineered to mirror the returns of the SPDR S&P 500 ETF Trust (SPY). It provides a protective layer for investors by absorbing the first 15% of any losses experienced over a specified period. However, potential gains are subject to an upper limit, or "cap," set in advance for that same duration. This ETF can be held indefinitely, as its buffer and cap mechanisms are recalibrated approximately once a year at the conclusion of each investment cycle.
Innovator U.S. Equity Power Buffer ETF is most often compared with the following Financial Services names: