Innovator Equity Defined Protection ETF - 1 Yr September

Innovator Equity Defined Protection ETF - 1 Yr September is an actively managed exchange-traded fund designed to provide exposure to the return of the SPDR S&P 500 ETF Trust, up to a preset upside cap, while seeking to buffer investors against the first 100% of losses over a one-year outcome period before fees and expenses. The fund uses FLEX options to build its defined-outcome profile and resets its terms at the end of each outcome period. Its structure is intended for investors looking for equity market participation with a built-in downside protection feature, rather than direct ownership of individual stocks. The ETF focuses on large-cap U.S. equity exposure through a rules-based options strategy and is part of Innovator’s defined protection lineup. Innovator Equity Defined Protection ETF - 1 Yr September is used in the market as a hedged equity solution that combines growth potential with loss mitigation characteristics.