Innovator U.S. Equity Ultra Buffer ETF (UNOV)
Innovator U.S. Equity Ultra Buffer ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $41.00, up 0.17% on the session, giving a market capitalisation of $76.5M. On trailing twelve-month figures it carries a trailing P/E of -25625.00, a net margin of -44.1%. Its beta of 0.45 implies it has historically moved less than the broad market.
The Innovator U.S. Equity Ultra Buffer ETF aims to replicate the performance of the SPDR S&P 500 ETF Trust (SPY), with returns subject to a predefined upper limit. During its designated outcome period, this fund shields investors from losses ranging from 5% to 35%. Although it can be held continuously, the ETF resets its parameters approximately once a year at the conclusion of each outcome cycle.
Innovator U.S. Equity Ultra Buffer ETF is most often compared with the following Financial Services names: