Innovator Growth-100 Dual Directional 5 Buffer ETF - Quarterly

Innovator Growth-100 Dual Directional 5 Buffer ETF - Quarterly is a U.S.-listed exchange-traded fund designed to deliver defined-outcome exposure to the Nasdaq-100 through a quarterly options-based strategy. The fund seeks to participate in gains from the reference asset up to a capped level, while also targeting positive results when the reference asset declines within a specified inverse threshold. Beyond that threshold, it limits losses only to the stated buffer level, making it part of Innovator’s dual directional and buffer ETF lineup. DDNQ is actively managed and resets its outcome profile at the end of each quarterly period, allowing the structure to remain in place over time. The fund primarily appeals to investors looking for a rules-based equity solution built around short-term market outcome ranges rather than direct index tracking. It is used in portfolios seeking growth-market exposure with a defined balance of upside participation and downside parameters.