Innovator U.S. Equity Accelerated 9 Buffer ETF (XBAP)
Innovator U.S. Equity Accelerated 9 Buffer ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $42.59, up 0.00% on the session, giving a market capitalisation of $135.4M. Its beta of 0.34 implies it has historically moved less than the broad market.
The Innovator U.S. Equity Accelerated 9 Buffer ETF is designed to provide investors with double (2x) the upside performance of the SPDR S&P 500 ETF Trust (SPY), subject to an upper limit, while also offering approximately single exposure to any market downturns, all within a specific one-year outcome period. A key feature of this ETF is its embedded protection, safeguarding investors against the first 9% of losses experienced during that same annual cycle. Although its performance targets and downside buffer reset each year at the end of the outcome period, the fund is suitable for continuous, indefinite ownership.
Innovator U.S. Equity Accelerated 9 Buffer ETF is most often compared with the following Financial Services names: