| ETF NAV |
- |
- |
- |
- |
2.68% |
| ETF Closing Price |
- |
- |
- |
- |
2.93% |
| S&P 500 Price Return Index |
- |
- |
- |
- |
6.52% |
Data as of 11/30/2023. The Fund incepted on 9/30/2023. 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.
BUFFER INCOME ETFs VS. FIXED INCOME
Source: Bloomberg, as of 12/1/2023
Yield to maturity is the return of a bond if held to its maturity date. Core bonds, investment grade bonds, and high yield bonds are measured by the Bloomberg U.S. Aggregate Bond Index, the Bloomberg U.S. Corporate Index, and the Bloomberg U.S. Corporate High Yield Index, respectively. You cannot invest directly in an index. The ETF's distribution rate, established at the commencement of each Outcome Period, is an annualized payment rate that is achievable through the premium received from sold option contracts and the Fund's investments in U.S. Treasuries. The Distribution Rate is not guaranteed.
There are material differences between traditional fixed income asset classes and the Innovator Income ETFs, which seek to provide a high level of income. The NAV of Income ETFs is tied to the underlying options on the S&P 500, a broad-based measure of the large cap U.S. equity market. The value of fixed income products is tied to the value of the fixed income instruments the products hold. Within a corporate capital structure, equity is generally subordinate to fixed income assets and, as such, carries a higher level of risk than fixed income assets.