Innovator Laddered Allocation Power Buffer ETF (BUFF)

The Innovator Lunt Low Vol/High Beta Tactical ETF (BUFF) is an exchange-traded fund that seeks to provide exposure to U.S. large-cap equities with both low volatility and high beta characteristics. The fund is managed by Innovator Capital Management and was launched in February 2021.

BUFF aims to provide investors with a low-volatility core holding while also potentially capturing some of the upside of the market during bull markets. The fund uses a rules-based methodology to select stocks from the S&P 500 Index based on their low volatility and high beta characteristics. Low volatility stocks are selected for their ability to provide downside protection, while high beta stocks are chosen for their potential to outperform the market during upswings.

The fund also employs a tactical overlay that allows for adjustments to the portfolio based on market conditions. The overlay uses a set of proprietary indicators to determine whether market conditions are favorable for risk-on or risk-off investments.

Overall, BUFF may be suitable for investors who are looking for exposure to U.S. large-cap equities with both low volatility and high beta characteristics, while also potentially benefiting from a tactical overlay that adjusts the portfolio based on market conditions.