Defined Outcome ETFs offer investors exposure to the price return of broad equity markets to a cap, with built-in downside buffer levels, over an outcome period of approximately one year, at which point each ETF will reset.
With 60 ETFs traded in the U.S. markets, Defined Outcome ETFs gather total assets under management of $3.73B. The average expense ratio is 0.81%. Defined Outcome ETFs can be found in the following asset classes:
The largest Defined Outcome ETF is the Innovator S&P 500 Power Buffer ETF - January PJAN with $251.32M in assets. In the last trailing year, the best performing Defined Outcome ETF was the PJUN at 7.44%. The most-recent ETF launched in the Defined Outcome space was the FT Cbobe Vest U.S. Equity Deep Buffer ETF - July DJUL in 07/17/20.