Innovator Equity Defined Protection ETF - 1 Yr December

Innovator Equity Defined Protection ETF - 1 Yr December is an exchange-traded fund that is designed to provide exposure to the SPDR S&P 500 ETF Trust through a defined-outcome strategy. The fund uses FLEX options to seek participation in the upside of large-cap U.S. equities up to a preset cap while buffering the first 100% of losses over a one-year outcome period, before fees and expenses. It is part of Innovator’s Equity Defined Protection ETF series and resets its cap and buffer on an annual December cycle. The ETF is intended for investors looking for a structured equity solution that combines growth participation with downside protection mechanics. As a defined-outcome ETF, it plays a specialized role in the market by offering a rules-based alternative to traditional broad-market equity exposure.