Innovator Equity Defined Protection ETF - 2 Yr to July 2028

Innovator Equity Defined Protection ETF - 2 Yr to July 2028 is an actively managed exchange-traded fund that aims to provide investors with exposure to the performance of the SPDR S&P 500 ETF Trust, up to a defined upside cap, while offering a 100% downside buffer over a two-year outcome period. The fund uses FLEX options to structure this outcome-oriented payoff profile, making it part of Innovator’s defined outcome ETF lineup. It focuses on U.S. large-cap equities through S&P 500-linked exposure and is designed for investors seeking a rules-based approach to participating in broad equity market returns with built-in protection parameters. Innovator Equity Defined Protection ETF - 2 Yr to July 2028 serves as a specialized portfolio tool in the U.S. ETF market, combining equity participation and buffered downside exposure within a single product.