Innovator Equity Defined Protection ETF - 1 Yr January

Innovator Equity Defined Protection ETF - 1 Yr January is a defined outcome exchange-traded fund that aims to deliver the price return of the SPDR S&P 500 ETF Trust, up to a preset cap, while providing a 100% buffer against the first losses of the underlying over a one-year outcome period. The fund uses FLEX options to build this profile and resets its cap and buffer on an annual January cycle. It is designed for investors seeking U.S. large-cap equity exposure with a structured risk-managed payoff rather than traditional index replication. The ETF is actively managed, holds primarily options-based positions tied to the S&P 500, and typically does not distribute dividends. Innovator Equity Defined Protection ETF - 1 Yr January is part of Innovator’s defined outcome suite, which focuses on delivering pre-defined return ranges and downside protection features in a transparent ETF wrapper.