DDTY Innovator Equity Dual Directional 10 Buffer ETF - May

About this ETF

Innovator Equity Dual Directional 10 Buffer ETF - May is an exchange-traded fund designed to provide positive returns in both rising markets and certain declining markets over a one-year outcome period. It references the S&P 500 Index through the SPY ETF, seeking to capture upside performance up to a defined cap while offering a 10% buffer against losses in severely down markets. In moderately declining markets, the ETF aims to deliver the inverse of the reference asset's return, up to a -10% threshold, potentially turning small losses into gains for investors. This dual directional strategy provides large-cap equity exposure with known downside protection, making it suitable for those seeking balanced risk in volatile conditions. Launched as part of Innovator's suite of buffer ETFs with monthly variants, it distinguishes itself by combining growth potential in uptrends with limited protection and inverse upside in downtrends, all within a structured outcome period.