USEPInnovator U.S. Equity Ultra Buffer ETF - September
USEP Fund Description
USEP 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.
USEP Factset Analytics Insight
USEP uses options in an effort to moderate losses on the S&P 500 over a one-year period starting each September. 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.
USEP Summary Data
USEP Portfolio Data
USEP Index Data
USEP Portfolio Management
USEP Tax Exposures
USEP Fund Structure
USEP Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of USEP. USEP is rated a N/A out of 5.
USEP Top 10 Holdings
USEP Economic Development
USEP Performance Statistics
USEP Benchmark Comparison Summary
USEP Benchmark Comparison Market Cap Size