Innovator U.S. Equity 5 to 15 Buffer ETF (EALT)
EALT Price Chart
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EALT ETF Profile
Key details and information about Innovator U.S. Equity 5 to 15 Buffer ETF (EALT).
Sector Focus
Financial Services
Industry
Asset Management
Inception Date
2 Oct 2023
Country
US
Description
The Innovator U.S. Equity 5 to 15 Buffer ETF (EALT) aims to replicate the performance of the SPDR S&P 500 ETF Trust (SPY) up to a defined maximum return. It simultaneously provides a specific level of downside protection, meaning investors will incur the initial 5% of any losses in SPY, but the ETF will absorb any further losses up to a total decline of 15%. This arrangement for both capped gains and buffered losses resets at the end of every three-month period, allowing investors to hold the fund for an unlimited duration.
EALT ETF Performance
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