Fund Description
The Innovator S&P 500 Ultra Buffer ETF is designed to track the return of the S&P 500 Price Return Index, up to a predetermined cap, while buffering investors against losses from -5% to -35% over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually. The Indices measures the performance of a portfolio of hypothetical exchange traded Flexible Exchange Options ("FLEX Options") that are based on the S&P 500 Index. Each series in the index is designed to track the returns of a hypothetical investment that over a period of approximately one year seeks to "buffer protect" against losses of 30% after the first 5% of losses due to a decline in the S&P 500 Index while providing participation up to a capped level. The capped level is determined on each annual roll date such that there is no premium or discount to enter into the hypothetical investment compared to an investment in the Index.
Fund Profile
Fund Name Innovator S&P 500 Ultra Buffer ETF
Fund Exchange Ticker UJUL
Fund Sponsor Innovator Management
Fund ISIN US45782C8394
Net Expense Ratio 0.79 %
Fund Inception Date 8 August 2018
Fund Legal Structure ETF (Open end fund)
Exchange BATS
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Quant Strat
Asset Class Equities (Stocks)
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Large Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 15 January 2021
Asset Under Management 35.08 Million (USD)
1 Month Total Return 0.42 %
Year To Date Return -0.08 %
1 Year Total Return 3.95 %
3 Year Annualized Total Return
NAV 26.476
Share Outstanding 1,325,000
Top 10 Holdings (15 January 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
SPX 06/30/2021 1860.15 C OPTN 1.1186000000
SPX 06/30/2021 3720.3 P OPTN 0.0626000000
XSP 06/30/2021 186.02 C OPTN 0.0409000000
SPX 06/30/2021 2945.22 P OPTN 0.0169000000
XSP 06/30/2021 372.05 P OPTN 0.0023000000
XSP 06/30/2021 294.52 P OPTN 0.0006000000
SPX 06/30/2021 3318.18 C OPTN -0.1568000000
SPX 06/30/2021 3720.3 C OPTN -0.0681000000
XSP 06/30/2021 331.82 C OPTN -0.0057000000
SPX 06/30/2021 1860.15 P OPTN -0.0050000000