Innovator ETFs: Defined Outcome ETF Caps & Distribution Rates

ETFs Rebalanced & Listed May 2024

View Starting Rates

Buffer ETFs™

Ticker		Name	Ref. Asset	Upside/Downside	Outcome Period	Starting Cap
IMAY	Listed 5/1!	Intl Developed Power Buffer ETF	EFA	15% Buffer	12 months	20.95%
BMAY		U.S. Equity Buffer ETF	SPY	9% Buffer	12 months	18.21%
PMAY		U.S. Equity Power Buffer ETF	SPY	15% Buffer	12 months	14.30%
UMAY		U.S. Equity Ultra Buffer ETF	SPY	30% (-5 to -35%) Buffer	12 months	15.15%

Upside/downside refers to the fund's upside and downside participation levels, to a cap, of the reference asset.

There is no guarantee the funds will achieve their investment objectives. The funds have characteristics unlike other traditional investment products and may not be suitable for all investors. Please see "investor suitability" in the prospectus. Shares purchased after the start of an outcome period may be subject to enhanced risks.

SPX: S&P 500 Price Return Index; SPY: SPDR® S&P 500® ETF Trust; QQQ: Invesco QQQ Trust; IWM: iShares Russell 2000 ETF; EFA: iShares MSCI EAFE ETF; EEM: iShares MSCI Emerging Markets ETF; TLT: iShares 20+ Year U.S. Treasury ETF