Innovator ETFs: Defined Outcome ETF Caps
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DEFINED OUTCOME ETF™ CAPS
Defined Outcome ETFs™: Rebalanced December 2022
View Starting Caps
Buffer ETFs™
Ticker   Name Ref. Asset Upside/Downside Outcome Period Starting Cap
BDEC   U.S. Equity Buffer ETF SPY 1x/1x + 9% Buffer 12 months 24.99%
PDEC   U.S. Equity Power Buffer ETF SPY 1x/1x + 15% Buffer 12 months 18.37%
UDEC   U.S. Equity Ultra Buffer ETF SPY 1x/1x + 30% (-5 to -35%) Buffer 12 months 15.70%
Upside/downside refers to the fund's upside and downside participation levels, to a cap, of the reference asset
There is no guarantee the funds will achieve their investment objectives. The funds have characteristics unlike other traditional investment products and may not be suitable for all investors. Please see "investor suitability" in the prospectus. Shares purchased after the start of an outcome period may be subject to enhanced risks.
SPY: SPDR® S&P 500® ETF Trust; QQQ: Invesco QQQ Trust; IWM: iShares Russell 2000 ETF; EFA: iShares MSCI EAFE ETF; EEM: iShares MSCI Emerging Markets ETF; TLT: iShares 20+ Year U.S. Treasury ETF