Innovator Equity Defined Protection ETF

Innovator Equity Defined Protection ETF is an actively managed exchange-traded fund designed to provide exposure to the SPDR S&P 500 ETF Trust with a predefined upside cap and a full downside buffer over a two-year outcome period. The fund uses FLEX options to structure its defined outcome profile, aiming to deliver equity-market participation while limiting losses during the stated period if held from the beginning to the end of the cycle. Innovator Equity Defined Protection ETF is part of Innovator’s defined protection lineup, which focuses on outcome-based strategies built around U.S. large-cap equity exposure. The product is used by investors seeking a rules-based ETF framework that combines index-linked participation with downside protection features, making it a distinctive tool within the broader defined outcome ETF segment.