- What does EALT invest in?
- The Innovator U.S. Equity 5 to 15 Buffer ETF (EALT) aims to replicate the performance of the SPDR S&P 500 ETF Trust (SPY) up to a defined maximum return. It simultaneously provides a specific level of downside protection, meaning investors will incur the initial 5% of any losses in SPY, but the ETF will absorb any further losses up to a total decline of 15%. This arrangement for both capped gains and buffered losses resets at the end of every three-month period, allowing investors to hold the fund for an unlimited duration.
- What is the expense ratio of EALT?
- Innovator U.S. Equity 5 to 15 Buffer ETF (EALT) charges an expense ratio of 0.69%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is EALT?
- Innovator U.S. Equity 5 to 15 Buffer ETF (EALT) manages $165.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is EALT actively managed or an index fund?
- EALT's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was EALT launched?
- Innovator U.S. Equity 5 to 15 Buffer ETF (EALT) launched in October 2023 and is managed by Innovator.
- How has EALT performed?
- EALT's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
