Innovator U.S. Equity Ultra Buffer ETF (USEP)
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 $41.89, up 0.02% on the session, giving a market capitalisation of $228.5M. Its beta of 0.48 implies it has historically moved less than the broad market.
This ETF, the Innovator U.S. Equity Ultra Buffer ETF, endeavors to replicate the returns of the SPDR S&P 500 ETF Trust (SPY) up to a pre-established limit. Concurrently, it shields investors from downturns between -5% and -35% over its defined outcome period. Investors can maintain their holdings for an unlimited time, with the fund's parameters recalibrating roughly every twelve months at the conclusion of each outcome period.
Innovator U.S. Equity Ultra Buffer ETF is most often compared with the following Financial Services names: