Innovator Double Stacker ETF - January (DSJA)

Overview

The fund described focuses on a specialized investment strategy primarily involving FLEX Options that are based on two major exchange-traded funds (ETFs): the SPDR® S&P 500® ETF Trust and the Invesco QQQ TrustSM, Series 1. FLEX Options differ from standard options contracts by offering customizable terms, which can include varying expiration dates and strike prices, tailored to the needs of individual investors. This investment approach allows for a concentrated strategy that does not diversify across a broad range of assets, meaning the fund invests almost all its resources into the specific instruments mentioned.

Products and Services

• FLEX Options on SPDR® S&P 500® ETF Trust

  These are customizable options contracts that give the holder the right but not the obligation, to buy or sell the underlying SPDR S&P 500 ETF at a predetermined price at a future date. By focusing on this ETF, the fund leverages the performance of the S&P 500 Index, a leading indicator of U.S. equities, aiming to capture the growth and returns associated with the largest U.S. companies.

• FLEX Options on Invesco QQQ TrustSM, Series 1

  Similarly, these options provide the flexibility to trade based on the forecasted performance of the Invesco QQQ ETF, which tracks the NASDAQ-100 Index, representing technology and innovation-driven companies. The customizable nature of FLEX Options allows investors in the fund to strategically position themselves to benefit from the growth of tech giants and the broader technology sector.