Innovator Power Buffer Step-UP Strategy ETF

PSTP aims for buffered losses and gains on the SPDR S&P 500 ETF Trust (SPY) through the active use of FLEX options, which it rebalances monthly. The fund intends to opportunistically reset its portfolio prior to the one-year expiration date of the options.

Innovator Buffer Step-UP Strategy ETF

The issuer's newest funds re-create a strategy popular with investors in its defined outcome ETFs.

Innovator Adds 2 ‘Step Up' Buffer ETFs

Innovator today launched the Innovator Buffer Step-Up Strategy ETF (BSTP) and the Innovator Power Buffer Step-Up Strategy ETF (PSTP), providing investors with an alternative to managing and evaluating a series of buffer strategies. The two ETFs listed on the NYSE on March 8 with an expense ratio of 89 basis points.

News for Innovator Power Buffer Step-UP Strategy ETF ETF (PSTP)