XUSP - Innovator Uncapped Accelerated U.S. Equity ETF™
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Uncapped Accelerated U.S. Equity ETF™
 XUSP
ETF SUMMARY
The Innovator Uncapped Accelerated U.S. Equity ETF seeks to provide the potential to outperform the price return of the SPDR S&P 500 ETF Trust (SPY), after achieving performance thresholds.
The Fund has characteristics unlike many other traditional investment products and may not be suitable for all investors. For more information regarding whether an investment in the Fund is right for you, please see "Investor Suitability" in the prospectus.
There can be no guarantee that the Fund will be successful in implementing its investment strategy to provide the Accelerated Returns during market conditions where the Underlying ETF is increasing in value above the Accelerated Threshold. The fund seeks to achieve its investment objective by investing substantially all of its assets in a series of four, one-year Flex Options packages with "laddered" expiration dates that are 3 months apart. If an options package has experience any accelerated return rate, the options package may be subject to enhanced risks exceeding any losses of the underlying ETF.
GROWTH OF $10,000
Data from 8/10/2022 to 11/20/2024
ETF PERFORMANCE & BENCHMARK HISTORY Quarter End | Month End
 YTD1 Year3 Year5 YearInception
Fund NAV28.66%47.50%--19.71%
Fund Closing Price28.61%47.67%--19.78%
S&P 500 Price Return Index20.81%34.38%--15.80%
Data as of 9/30/2024. The Fund incepted on 8/10/2022. Performance quoted represents past performance, which is no guarantee of future results. Investment returns and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Returns less than one year are cumulative. One cannot invest directly in an index.
STARTING ACCELERATED RETURN RATES
Below is a chart of XUSP's four options packages and their anticipated, although not guaranteed, acceleration rates. Each of the four option packages is structured to not participate in the initial 5% of gains of the share price of the underlying ETF. The laddered approach is designed to diversify and mitigate the timing risk of investing in the strategy.
The fund seeks to achieve its investment objective by investing substantially all of its assets in a series of four, one-year Flex Options packages with "laddered" expiration dates that are 3 months apart. If an options package has experienced any accelerated return rate, the options package may be subject to enhanced risks exceeding any losses of the underlying ETF.
Additionally, the Accelerated Return Rate for a specific Options Package is designed to be produced only at the expiration of the FLEX Options that comprise such Options Package, and not at any time prior to the expiration date. If an investor buys Shares of the Fund after the FLEX Options for an Options Package are executed or sells Shares of the Fund prior to the expiration date of the FLEX Options in an Options Package, such investor could experience different returns and may not experience the Accelerated Return Rate for such Options Package, if any.
The Fund’s annual management fee of 0.79% of the Fund’s average daily net assets will have the effect of lowering the Accelerated Return Rate experienced by shareholders, if any. The Accelerated Return Rate will be further reduced by any shareholder transaction fees and any extraordinary expenses incurred by the Fund. The Accelerated Return Rate for each Options Package is dependent upon prevailing market conditions at the time the Fund enters into the FLEX Options and could fluctuate widely from one period to the next.
ETF DETAILS
Ticker
XUSP
Listing Date
8/11/2022
Number of Holdings
13
Expense Ratio
0.79%
Exchange
Cboe BZX
TRADING DETAILS
NAV
$40.86
Closing Price
$40.92
Premium/Discount
$0.06 / 0.14%
30 Day Median Bid-Ask Spread
0.32%
Shares Outstanding
1,050,000
Market Value
$42,907,434
As of 11/20/2024
MARKET DETAILS
Last Price
$40.92
Change
+$0.10 / +0.24%
Bid / Ask
$36.64 / $61.15
Midpoint
$48.90
Volume
4,300
As of 11/20/2024
Need Help Trading XUSP?
See our 3 Rules for ETF Trading
ETF STRATEGY
U.S. EQUITY EXPOSURE
LADDER AND RESET ACCELERATION RATES QUARTERLY
IMPLEMENT 12-MONTH OPTIONS OVERLAY FOR UNCAPPED UPSIDE ACCELERATION
HOLDINGS
Holdings are subject to change.
DISTRIBUTIONS
Ex-Dividend Date Record Date Payable Date Income Short Term Gains Long Term Gains Return of Capital Total Distribution
This fund has not made any distributions.
NEED HELP TRADING XUSP?
If you have questions around XUSP execution, we can help you find the best price available on the market. Feel free to email or call us directly at 800.208.5212, or contact your trade desk to walk you through how to achieve best execution.
3 RULES FOR ETF TRADING
• Avoid trading on the open or the close
• Use limit orders
• Leverage resources that can help
 
Leading the Defined Outcome ETF Revolution™
Investing involves risks, and loss of principal is possible. The Fund may have characteristics unlike many other traditional investment products and may not be suitable for all investors. For more information regarding whether an investment in the Fund is right for you, please see "Investor Suitability" in the prospectus. There can be no guarantee that the Fund will be successful in implementing its investment strategy to provide the Accelerated Return Rate during market conditions where the Underlying ETF is increasing in value above the Accelerated Threshold. Because the Fund ladders its Options Packages in three-month increments, the Fund’s returns are likely to be different than the returns the Fund would produce if a single Options Package were used. The Fund uses four Options Packages with laddered expiration dates, different strike prices and differing initial values of the Underlying ETF, and therefore price movements of the Underlying ETF are likely to result in price movements of differing magnitude for each Options Package held by the Fund. This means that each Options Package may experience different Accelerated Returns Rate potential after the Accelerated Threshold, and some Options Packages may not yet experience Accelerated Return Rates while others do. If the Outcome Period has begun and the Fund has experienced an accelerated return, an investor purchasing Shares at that price may be subject to losses that exceed any losses of the Underlying ETF for the remainder of the Outcome Period and may have diminished or no ability to experience further accelerated return, therefore exposing the investor to greater downside risks. The Fund is actively managed and seeks to provide risk-managed investment exposure to the SPDR S&P 500 ETF (SPY) through an active hedging strategy. The Fund is classified as “non-diversified”. As a result, the Fund may invest a relatively high percentage of its assets in a limited number of issuers and may be more susceptible to a single adverse economic or regulatory occurrence affecting one or more of these issuers, experience increased volatility and be highly invested in certain issuers. The fund will not receive or benefit from dividend payments made by the underlying ETF FLEX Options Risk The Fund will utilize FLEX Options issued and guaranteed for settlement by the Options Clearing Corporation (OCC). In the unlikely event that the OCC becomes insolvent or is otherwise unable to meet its settlement obligations, the Fund could suffer significant losses. Additionally, FLEX Options may be less liquid than standard options. In a less liquid market for the FLEX Options, the Fund may have difficulty closing out certain FLEX Options positions at desired times and prices. The values of FLEX Options do not increase or decrease at the same rate as the reference asset and may vary due to factors other than the price of reference asset.
Shares are bought and sold at market price, not net asset value (NAV), and are not individually redeemable from the fund. NAV represents the value of each share's portion of the fund's underlying assets and cash at the end of the trading day. Market price returns reflect the midpoint of the bid/ask spread as of the close of trading on the exchange where fund shares are listed.
© 2024 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.
Nothing on this website should be considered a solicitation to buy or an offer to sell shares of any Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.
Investing involves risk. Principal loss is possible. All rights reserved. Innovator ETFs are distributed by Foreside Fund Services, LLC.
The Fund's investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus and summary prospectus contain this and other important information, and it may be obtained at innovatoretfs.com. Read it carefully before investing.
The following marks: Accelerated ETFs®, Accelerated Plus ETF®, Accelerated Return ETF®, Barrier ETF™, Buffer ETF™, Defined Outcome Bond ETF®, Defined Outcome ETFs™, Define Your Future®, Enhanced ETF™, Floor ETF®, Innovator ETFs®, Leading the Defined Outcome ETF Revolution™, Managed Buffer ETF®, Managed Outcome ETF®, Stacker ETF™, Step-Up™, Step-Up ETFs™, 100% Buffer ETFs™ and all related names, logos, product and service names, designs, and slogans are the trademarks of Innovator Capital Management, LLC, its affiliates or licensors. Use of these terms is strictly prohibited without proper written authorization.
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