UAPRInnovator U.S. Equity Ultra Buffer ETF - April
UAPR Fund Description
UAPR aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral.
UAPR Factset Analytics Insight
UAPR uses options in an effort to moderate losses on the S&P 500 over a one-year period starting each April. The fund foregoes some upside return as well as the S&P 500’s dividend component, because the options are written on the price (not total) return version of the index. In exchange for preventing realization of the first 30% of the S&P 500’s losses, investors forego upside participation above a certain threshold, which is reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the period to achieve the intended results. The targeted buffers and caps do not include the fund’s expense ratio. The fund is actively managed, resets annually and uses listed options exclusively.
UAPR Summary Data
UAPR Portfolio Data
UAPR Index Data
UAPR Portfolio Management
UAPR Tax Exposures
UAPR Fund Structure
UAPR Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of UAPR. UAPR is rated a N/A out of 5.
UAPR Top 10 Holdings
UAPR Economic Development
UAPR Performance Statistics
UAPR Benchmark Comparison Summary
UAPR Benchmark Comparison Market Cap Size