Innovator ETFs Trust - Innovator Growth-100 Power Buffer ETF - December

Frequently Asked Questions About NDEC

What does NDEC invest in?

NDEC uses FLEX options in an effort to participate in the price performance of the Invesco QQQ Trust, up to a predetermined cap, while buffering some downside loss over a one-year period starting each December. The fund foregoes some upside return as well as any dividend component, because the options are written on the price (not total) return version of the shares. In exchange for preventing realization of the first 15% of the NASDAQ-100's losses, investors forego upside participation above a certain threshold, which is reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held the entire outcome period to pursue the intended results. The targeted buffers and caps do not include the funds expense ratio. The fund is actively managed, resets annually and uses FLEX options exclusively.

What is the expense ratio of NDEC?

Innovator ETFs Trust - Innovator Growth-100 Power Buffer ETF - December (NDEC) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations.

How big is NDEC?

Innovator ETFs Trust - Innovator Growth-100 Power Buffer ETF - December (NDEC) manages $60.5M 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 NDEC actively managed or an index fund?

NDEC's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was NDEC launched?

Innovator ETFs Trust - Innovator Growth-100 Power Buffer ETF - December (NDEC) launched in December 2024 and is managed by Innovator.

How has NDEC performed?

NDEC'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.