Innovator Equity Defined Protection ETF - 1 Yr October

Innovator Equity Defined Protection ETF - 1 Yr October is an actively managed exchange-traded fund designed to provide equity market exposure with a defined-outcome structure. The fund seeks to track the return of the SPDR S&P 500 ETF Trust, up to a predetermined cap, while buffering investors against the first 100% of losses over a one-year outcome period, before fees and expenses. It uses FLEX options to implement this strategy and resets its cap and buffer annually in October. The ETF is part of Innovator’s Defined Protection lineup and is built for investors seeking a rules-based approach to large-cap U.S. equity participation with downside protection features. Its current mandate centers on broad U.S. stock market exposure through a packaged options-based framework rather than direct stock selection.