Innovator Announces New Upside Caps for October and Quarterly Defined Outcome ETFs™
CHICAGO, Oct. 01, 2021 (GLOBE NEWSWIRE) -- Innovator Capital Management, LLC (Innovator) today announced the new upside caps and return profiles for the October series of the sponsor’s Defined Outcome ETFs™, as well as the firm’s four ETFs with quarterly outcome periods that also rebalanced at the end of the month. The resetting ETFs span Innovator’s Defined Outcome ETF™ lineup, including Buffer ETFs™, Accelerated ETFs™, Stacker ETFs™ and Defined Outcome Bond ETFs™.
- The Stacker ETFs provide defined returns over the entire Outcome Period, not on a daily basis.
- The shorter outcome period of the Quarterly outcome period Accelerated ETFs (XDSQ, XDQQ) means they will follow the reference asset (SPY or QQQ) more closely, but have lower starting caps than Accelerated ETFs with an annual outcome period.
- Innovators category-creating Defined Outcome ETF familyincludes Buffer ETFs, Accelerated ETFs, Stacker ETFs and Floor ETFs.
- Innovators category-creating Defined Outcome ETF family includes Buffer ETFs, Floor ETFs, Stacker ETFs and the Accelerated ETFs.