Innovator Triple Stacker ETF (TSOC): A Defined Outcome Stacker ETF providing triple upside exposures of 100% SPY + 100% QQQ + 100% IWM, to a cap, and downside exposure to SPY only.
Triple Stacker ETF
OCTOBER SERIES
 TSOC
ETF SUMMARY
The Innovator Triple Stacker ETF seeks to provide triple upside exposures of 100% SPY + 100% QQQ + 100% IWM, to a cap, and downside exposure to SPY only over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually.
Innovator Defined Outcome ETFs are the first ETFs that allow investors to take advantage of market growth while maintaining defined levels of downside exposure. The ETFs are as tax-efficient as traditional ETFs due to a recent rule change allowing the in-kind trading of options.
The Fund has characteristics unlike many other traditional investment products and may not be suitable for all investors. For more information regarding whether an investment in the Fund is right for you, please see "Investor Suitability" in the prospectus.
The outcomes that the Fund seeks to provide may only be realized if you are holding shares on the first day of the Outcome Period and continue to hold them on the last day of the Outcome Period, approximately one year. There is no guarantee that the Outcomes for an Outcome Period will be realized or that the Fund will achieve its investment objective. An investor that purchases Fund Shares after the start of an outcome period may be exposed to the downside risks of QQQ and IWM.
OUTCOME PERIOD PERFORMANCE
Zoom Tip To zoom, drag your mouse over a region in the chart. Data from 9/30/2020 to 1/15/2021
DownloadExport Download chart data (CSV)
CURRENT OUTCOME PERIOD VALUES (CURRENT/NET)
Current and net figures represent outcome period expenses already incurred, and yet to be incurred.
 AS OF 1/15/2021
Fund Price
The current bid/ask midpoint of the Fund and the return of the Fund, after fees and expenses*, since the start of the Outcome Period.
 Fund Return
The current bid/ask midpoint of the Fund and the return of the Fund, after fees and expenses*, since the start of the Outcome Period.
 SPY/QQQ/IWM
Return
The return since the start of the Outcome Period.

 Remaining
Cap
The current cumulative maximum potential return available at the ETF's current price if held to the end of the current Outcome Period.
 Remaining
Buffer
The current amount of downside protection the fund seeks to provide if held to the end of the Outcome Period.
 Downside
Before Buffer
The amount of Fund loss incurred before the buffer begins.
 Remaining
Outcome Period
The amount of days remaining until the last day of the Outcome Period.
$28.28 11.08% 12.45/12.45/40.90% 9.06% / 8.45% - / - - / - 258 days
OUTCOME PERIOD VALUES (CURRENT/NET)
Current and net figures represent outcome period expenses already incurred, and yet to be incurred.
 AS OF 9/30/2020
Fund Price
The starting NAV and return of the Fund at the start of the Outcome Period.
 Fund Return
The starting NAV and return of the Fund at the start of the Outcome Period.
 SPY/QQQ/IWM
Return
The starting index return at the start of the Outcome Period.
 Cap
The starting maximum potential return if held to the end of the current Outcome Period.
 Buffer
The starting amount of downside protection the fund seeks to provide if held to the end of the Outcome Period.
 Downside
Before Buffer
The amount of Fund loss incurred before the buffer begins.
 Outcome Period
The intended length of time over which the defined outcomes are sought.
$25.46 0.00% 0.00% 21.42% / 20.63% - / - - / - 365 days
Current figures are net of accrued Outcome Period expenses to date. Net figures include Outcome Period expenses yet to be incurred.
Fund return and current outcome period values assume reinvestment of capital gain distributions, if any. Investors purchasing the fund intra-period will achieve a different defined outcome than those who entered on day one. The remaining cap represents the maximum return the fund can achieve at its current price. The reference asset may need to rise higher or lower than the remaining cap before the remaining cap is realized. Each underlying ETF has its own cap; if one or more underlying ETFs has reached the cap, an investor may only benefit from a rise in the other underlying ETFs.
This tool is the proprietary design and functionality process of Innovator Capital Management LLC, and is included within the scope of its filed patent application. All rights are reserved, and any use or duplication of this tool by any third party, without the express written consent in advance by Innovator, is prohibited.
ETF PERFORMANCE & INDEX HISTORY (%) Quarterly | Monthly
  YTD 1 Year 3 Year 5 Year Inception
ETF NAV - - - - 9.99%
ETF Closing Price - - - - 10.55%
S&P 500 Index - - - - 13.09%
NASDAQ-100 Index - - - - 31.37%
Russell 2000 Index - - - - 11.69%
Data as of 12/31/2020. The Fund incepted on 9/30/2020. Performance quoted represents past performance, which is no guarantee of future results. Investment returns and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Returns less than one year are cumulative. One cannot invest directly in an index.
ETF DETAILS
Ticker
TSOC
Listing Date
10/1/2020
Number of Holdings
6
Expense Ratio
0.79%
Intraday NAV
TSOC.IV
Exchange
Cboe BZX
OUTCOME DETAILS
Series
October
Outcome Period
10/1/2020-9/30/2021
Rebalance Frequency
Annual
Starting Cap¹
21.42%
Underlying ETF Cap
7.14% SPY + 7.14% QQQ + 7.14% IWM
Exposure
SPY+QQQ+IWM
TRADING DETAILS
NAV
$28.39
Closing Price
$28.49
Premium/Discount
$0.10 / 0.36%
30 Day Median Bid-Ask Spread
0.46%
Shares Outstanding
525,000
Market Value
$14,903,637
As of 1/14/2021
MARKET DETAILS
Last Price
$28.28
Change
-$0.21 / -0.74%
Bid / Ask
$28.23 / $28.27
Midpoint
$28.25
Volume
19,800
As of 1/15/2021
Need Help Trading TSOC?
See our 3 Rules for ETF Trading
ETF STRATEGY
100% SPY + 100% QQQ + 100% IWM
CAPPED UPSIDE EXPOSURE
REBALANCED ANNUALLY
100% SPY DOWNSIDE EXPOSURE
ALL HOLDINGS
Holdings are subject to change.
DISTRIBUTIONS
Ex-Dividend Date Record Date Payable Date Income Short Term Gains Long Term Gains Return of Capital Total Distribution
This fund has not made any distributions.
NEED HELP TRADING TSOC?
If you have questions around TSOC execution, we can help you find the best price available on the market. Feel free to email or call us directly at 800.208.5212, or contact your trade desk to walk you through how to achieve best execution.
3 RULES FOR ETF TRADING
• Avoid trading on the open or the close
• Use limit orders
• Leverage resources that can help
 
Leading the Defined Outcome ETF Revolution™
¹Cap shown is before fees and expenses. The ETF’s outcome period cap is equally allocated across the underlying ETF exposures.
*Fees and Expenses: The Fund's management fee of 0.79%, any shareholder transaction fees and any extraordinary expenses.
The Funds have characteristics unlike many other traditional investment products and may not be suitable for all investors. For more information regarding whether an investment in the Fund is right for you, please see "Investor Suitability" in the prospectus.
Investing involves risks. Loss of principal is possible. The Funds face numerous market trading risks, including active markets risk, authorized participation concentration risk, buffered loss risk, cap change risk, capped upside return risk, correlation risk, liquidity risk, management risk, market maker risk, market risk, non-diversification risk, operation risk, options risk, trading issues risk, upside participation risk and valuation risk. For a detail list of fund risks see the prospectus.
While the Fund will not participate in any QQQ or IWM ETF (as applicable) losses over the duration of the Outcome Period as whole, a decrease in the value of the QQQ or IWM ETF share price will cause a decrease in the Fund’s NAV while an Outcome Period is ongoing. In the event an Outcome Period has begun, and the QQQ or IWM ETF share price has increased in value, such an increase will be reflected in the value of the Fund’s purchased call option on the QQQ or IWM ETF. Accordingly, in the event that the QQQ or IWM ETF share price were to subsequently decrease in value, that decrease would also be reflected in the value of that option, and therefore the Fund’s NAV. An investor that purchases Fund Shares after the QQQ or IWM ETF has increased in value during an Outcome Period may be negatively affected by future decreases during the remainder of the Outcome Period.
Market Disruptions Resulting from COVID-19. The outbreak of COVID-19 has negatively affected the worldwide economy, individual countries, individual companies and the market in general. The future impact of COVID-19 is currently unknown, and it may exacerbate other risks that apply to the Fund.
Technology Sector Risk Companies in the technology sector are often smaller and can be characterized by relatively higher volatility in price performance when compared to other economic sectors. They can face intense competition which may have an adverse effect on profit margins.
Small Cap Risk Small cap companies may be more volatile and susceptible to adverse developments than their mid and large cap counterpart. In addition, the small cap companies may be less liquid than larger companies.
FLEX Options Risk The Fund will utilize FLEX Options issued and guaranteed for settlement by the Options Clearing Corporation (OCC). In the unlikely event that the OCC becomes insolvent or is otherwise unable to meet its settlement obligations, the Fund could suffer significant losses. Additionally, FLEX Options may be less liquid than standard options. In a less liquid market for the FLEX Options, the Fund may have difficulty closing out certain FLEX Options positions at desired times and prices. The values of FLEX Options do not increase or decrease at the same rate as the reference asset and may vary due to factors other than the price of reference asset.
These Funds are designed to provide point-to-point exposure to the price return of the Reference Asset via a basket of Flex Options. As a result, the ETFs are not expected to move directly in line with the Reference Asset during the interim period.
Investors purchasing shares after an outcome period has begun may experience very different results than funds' investment objective. Initial outcome periods are approximately 1-year beginning on the funds' inception date. Following the initial outcome period, each subsequent outcome period will begin on the first day of the month the fund was incepted. After the conclusion of an outcome period, another will begin.
Fund shareholders are subject to an upside return cap (the "Cap") that represents the maximum percentage return an investor can achieve from an investment in the funds' for the Outcome Period, before fees and expenses. If the Outcome Period has begun and the Fund has increased in value to a level near to the Cap, an investor purchasing at that price has little or no ability to achieve gains but remains vulnerable to downside risks. Additionally, the Cap may rise or fall from one Outcome Period to the next. The Cap, and the Fund's position relative to it, should be considered before investing in the Fund. The Funds' website, www.innovatoretfs.com, provides important Fund information as well information relating to the potential outcomes of an investment in a Fund on a daily basis.
© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.
Nothing on this website should be considered a solicitation to buy or an offer to sell shares of any Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.
The Funds' investment objectives, risks, charges and expenses should be considered before investing. The prospectus contains this and other important information, and it may be obtained at innovatoretfs.com. Read it carefully before investing.
Innovator ETFs®, Defined Outcome ETF™, Buffer ETF™, Enhanced ETF™, Define Your Future™, and other service marks and trademarks related to these marks are the exclusive property of Innovator Capital Management, LLC.
Copyright © 2021 Innovator Capital Management, LLC  |  800.208.5212  |  View our Privacy Policy and Terms of Use