XBAP

Innovator U.S. Equity Accelerated 9 Buffer ETF - April
*Unless otherwise stated, data provided by FactSet.

XBAP Fund Description

XBAP aims for 2x the price return of the SPDR S&P 500 ETF (SPY), subject to an upside return cap and downside buffer over a specific holdings period.

XBAP Factset Analytics Insight

XBAP uses FLEX options, in an effort to participate in up to 2x upside price movement of the SPDR S&P 500 ETF (Ticker: SPY) over a one-year period starting each April. The fund foregoes some upside return as well as dividend payments made by SPY. In exchange for preventing realization of the first 9% of SPYs 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 cap and buffers do not include the fund’s expense ratio.

PERFORMANCE [as of 09/22/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
XBAP -0.70% 1.05% -- -- -- -- --
XBAP (NAV) -0.07% 1.37% -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index -0.93% 4.10% 17.78% 33.90% 17.64% 18.06% 17.28%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

XBAP Summary Data

Innovator
04/01/21
Open-Ended Fund
0.79%
$19.23M
$292.26K
0.51%

XBAP Portfolio Data

--
--
--
--
N/A
2

XBAP Index Data

No Underlying Index
Fixed
Fixed
MSCI USA Large Cap Index

XBAP Portfolio Management

0.79%
--
--
--

XBAP Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

XBAP Fund Structure

Open-Ended Fund
Yes
No
-- / --
N/A
N/A
Low
Daily

XBAP Factset Analytics Block Liquidity

As of 09/23/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of XBAP. XBAP is rated a N/A out of 5.

XBAP Tradability

10,955
$292.26K
1,000
$26.59K
0.51%
$0.14
0.12%
0.54% / -0.30%
None
--
25,000
0.04
0.04%
--
0
$26.65
N/A

XBAP Top 10 Holdings

99.61%
0.39%
100.00%

XBAP Countries


XBAP
Segment Benchmark
--
0.10%
--
99.90%

XBAP Regions


XBAP
Segment Benchmark
--
100.00%

XBAP Economic Development


XBAP
Segment Benchmark
--
100.00%

XBAP Performance Statistics

--
--
--
--
0.00%
MSCI USA Large Cap Index

XBAP Benchmark Comparison Holdings

2
--
--
--

XBAP Benchmark Comparison Summary


XBAP
Segment Benchmark
2
--
--
--
--
--
--
--
--
--
--
--

XBAP Benchmark Comparison Market Cap Size


XBAP
Segment Benchmark
--
--
--
--
--
--
--
--

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.