Innovator Equity Dual Directional 15 Buffer ETF - March

Innovator Equity Dual Directional 15 Buffer ETF - March is an exchange-traded fund designed to pursue positive returns in both rising and certain declining markets tied to the S&P 500 Index. It achieves this through investments in FLEX Options referencing the SPDR S&P 500 ETF Trust, enabling investors to capture upside gains up to a predefined cap while providing inverse positive returns on price decreases of the reference asset within a 15% buffer threshold, before fees and expenses. Beyond this threshold, losses are not protected. This defined outcome strategy offers a unique approach to equity exposure, balancing potential appreciation in bullish conditions with limited downside participation in moderately bearish scenarios. The ETF serves investors seeking structured risk management in large-cap U.S. equities without full market downside. Issued by Innovator ETFs, it focuses on delivering these targeted outcomes over a specific outcome period ending in March.