Innovator Equity Defined Protection ETF - 2 Yr to January 2027 (TJAN)

The Innovator Equity Defined Protection ETF - 2 Yr to January 2027 is a defined outcome fund from Innovator ETFs that provides exposure to the S&P 500 through a reference ETF, the SPDR S&P 500 ETF Trust, using FLEX options.

Over a two-year outcome period ending in January 2027, the fund is designed to protect against losses in the reference ETF's price, before fees and expenses, for shareholders who hold for the full period. In exchange for that downside protection, potential gains are limited by a cap set at the start of the period. Returns are based on price movement only and exclude dividends. Innovator ETFs is based in Wheaton, Illinois.