Innovator Growth-100 Dual Directional 5 Buffer ETF - Quarterly(CBOE:DDNQ)

DDNQ aims to provide capital appreciation for investors using FLEX Options tied to the price performance of the Invesco QQQ ETF (QQQ). The strategy seeks potential positive returns regardless of whether QQQ rises or falls over a three-month period. After the outcome period, if QQQ shares have appreciated up to a cap, investors will receive positive returns on a 1:1 basis. If QQQ experiences a 5% decline, the fund provides positive returns equal to the absolute value of that loss. Additionally, the fund offers buffered protection against losses exceeding 5% during the same period, net of fees and expenses. Shares are expected to be held for the entire one-year outcome period to be eligible for the structured outcome return.