Innovator Buffer Step-UP Strategy ETF

BSTP aims for exposure to the SPDR S&P 500 ETF Trust (SPY) with buffered losses and gains through the active use of FLEX options, rebalanced monthly. The fund intends to opportunistically reset its portfolio prior to the one-year expiration date of the options.

BSTP is actively managed, seeking to provide risk-managed exposure to SPDR S&P 500 ETF Trust (ticker: SPY) through the use of FLEX options. The fund intends to opportunistically reset its portfolio to provide a buffer against the first 9% decline in SPY shares, in exchange for capped upside.

Innovator Power Buffer Step-UP Strategy ETF

The issuer's newest funds re-create a strategy popular with investors in its defined outcome ETFs.

Innovator Adds 2 ‘Step Up' Buffer ETFs

Innovator today launched the Innovator Buffer Step-Up Strategy ETF (BSTP) and the Innovator Power Buffer Step-Up Strategy ETF (PSTP), providing investors with an alternative to managing and evaluating a series of buffer strategies. The two ETFs listed on the NYSE on March 8 with an expense ratio of 89 basis points.

News for Innovator Buffer Step-UP Strategy ETF ETF (BSTP)