The annual fee that you pay to the fund company for managing your investment. The lower the expense ratio, the better. This is not an investment recommendation.
Competitors
This list is an analysis based on recent market events. It's not an investment recommendation.
ZMAY invests all its assets in FLEX options. The option positions are structured in a way that aims to provide long exposure to US large-cap stocks, up to a cap, while fully hedging downside risk over one year. The upside cap and hedge are reset annually, at the beginning of May. Shareholders should note that they will not receive dividends since the objective focuses on potential growth. The specific defined outcome pursued may only be possible if an investor would hold the shares for the entire outcome period. However, there is no guarantee that the defined outcome strategy pursued will be realized by investors. When factoring risks, potential rewards, and the all-in costs for such a strategy, ZMAY is considered an alternative to more expensive fixed indexed annuities, market-linked CDs, holding near-term Treasury, or cash.
What is Innovator Equity Defined Protection - 1 Yr May stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on Boats exchange Innovator Equity Defined Protection - 1 Yr May stocks are traded under the ticker ZMAY.BOATS.
In which sector is Innovator Equity Defined Protection - 1 Yr May located?▼
Innovator Equity Defined Protection - 1 Yr May operates in the Other sector.
When did Innovator Equity Defined Protection - 1 Yr May complete a stock split?▼
Innovator Equity Defined Protection - 1 Yr May has not had any recent stock splits.