Innovator International Developed Managed Floor ETF

Innovator International Developed Managed Floor ETF is an actively managed exchange-traded fund designed to provide risk-managed exposure to large and mid-cap companies in developed international markets. The ETF’s primary function is to capture equity upside—targeting approximately 70–80% of gains—while aiming to limit annual losses to around 8–12%, before fees and expenses. This unique risk profile is achieved through a strategy that combines diversified stock holdings with laddered portfolios of purchased put options, which act as a loss ‘floor,’ and short-dated call option writing aimed at offsetting hedging costs. The fund’s dynamic architecture seeks to help investors remain invested in international stocks, protecting against severe market downturns without completely sacrificing equity participation. Exposure encompasses 21 developed markets, offering broad diversification across economies, policy environments, and sectors not present in U.S. benchmarks. Managed by Parametric, a leader in options-based strategies, the ETF appeals to investors who require downside risk mitigation but desire greater liquidity, transparency, and growth potential than traditional defensive products like annuities or low-volatility funds.