Innovator U.S. Equity 10 Buffer ETF - Quarterly

Frequently Asked Questions About ZALT

What does ZALT invest in?

Innovator ETFs Trust - Innovator U.S. Equity 10 Buffer ETF - Quarterly is an exchange traded fund launched and managed by Innovator Capital Management, LLC. The fund is co-managed by Milliman Financial Risk Management LLC. It invests in public equity markets of the United States. The fund invests through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as FLexible EXchange Options that reference the performance of the SPDR S&P 500 ETF Trust to create its portfolio. The fund invests in growth and value stocks of large-cap companies. Innovator ETFs Trust - Innovator U.S. Equity 10 Buffer ETF - Quarterly was formed on September 29, 2023 and is domiciled in the United States.

What is the expense ratio of ZALT?

Innovator U.S. Equity 10 Buffer ETF - Quarterly (ZALT) charges an expense ratio of 0.69%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ZALT?

Innovator U.S. Equity 10 Buffer ETF - Quarterly (ZALT) manages $834.2M 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 ZALT actively managed or an index fund?

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

When was ZALT launched?

Innovator U.S. Equity 10 Buffer ETF - Quarterly (ZALT) launched in October 2023 and is managed by Innovator.

How has ZALT performed?

ZALT'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.