Innovator Equity Dual Directional 10 Buffer ETF - January

Innovator Equity Dual Directional 10 Buffer ETF - January is an actively managed ETF designed to deliver a defined-outcome equity strategy linked to the price return of the SPDR S&P 500 ETF Trust. The fund uses FLEX options to seek participation in rising markets up to a predetermined cap, while also aiming to provide positive returns when the reference asset declines within a set inverse threshold. If losses move beyond that threshold, the strategy is structured to limit downside through a 10% buffer. Innovator Equity Dual Directional 10 Buffer ETF - January is built for investors seeking a rules-based way to access broad U.S. equity exposure with both upside participation and downside mitigation features over a one-year outcome period. It is part of Innovator’s dual directional lineup, which combines equity market exposure with an options overlay to create a distinct payoff profile across market conditions.