Innovator U.S. Equity Buffer ETF - September

Innovator U.S. Equity Buffer ETF - September is a defined outcome exchange-traded fund designed to provide exposure to U.S. large-cap equities through the SPDR S&P 500 ETF Trust. The fund uses an options-based structure to seek participation in the reference asset’s price returns up to a preset cap while buffering investors against the first 9% of losses over each annual outcome period. It is part of Innovator’s September series and can be held indefinitely, with the outcome profile resetting at the end of each period. The ETF is used by investors seeking a structured equity allocation that combines upside participation with a built-in downside buffer, making it a specialized tool within the U.S. equity ETF market. The fund is actively managed and focuses on delivering its outcome profile through FLEX options linked to the S&P 500.