Innovator Equity Dual Directional 15 Buffer ETF
DDFN
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Atul H. Mehta
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 200 West Front Street Wheaton IL United States of America 60187
- IPO Date
- Nov 3, 2025
- CIK
- 0001415726
- Website
- innovatoretfs.com
- Similar Companies
- Business
- Innovator ETFs Trust is a statutory trust that issues exchange-traded funds focused on defined outcome strategies, including buffer, defined income, and defined protection ETFs designed to provide investors with targeted upside potential, downside buffers, and inverse performance in equity markets. The Trust offers a broad suite of ETFs such as the Innovator Equity Dual Directional 15 Buffer ETF - November (DDFN), which tracks the SPDR S&P 500 ETF Trust (SPY) to deliver gains up to an annual cap in rising markets, positive returns equal to the absolute value of SPY declines up to a 15% inverse cap, and a 15% buffer against losses beyond that threshold before fees and expenses; similar Dual Directional Buffer ETFs for other months like October (DDFO), September (DDFS), and December variants; traditional Buffer ETFs, Laddered Allocation Power Buffer ETFs, U.S. Equity Buffer ETFs, Growth-100 Power Buffer ETFs, and International Developed Power Buffer ETFs; Defined Income ETFs; and Defined Protection ETFs, among over 150 funds managing approximately $29 billion in assets as of November 30, 2025. These ETFs employ FLEX options on reference assets like SPY, reset outcome periods annually, and can be held indefinitely, targeting financial advisors and investors seeking risk-managed equity exposure without credit risk. The Trust operates in the U.S. ETF market, with products listed on Cboe BZX, and is managed by Innovator Capital Management, LLC, founded in 2014 and headquartered in the United States. In a major strategic development, Goldman Sachs agreed in late 2025 to acquire Innovator Capital Management for approximately $2 billion in a cash and equity transaction expected to close in Q2 2026, pending regulatory approval and performance targets, significantly expanding Goldman Sachs Asset Management's ETF offerings to over 215 strategies and $75 billion in assets while integrating Innovator's defined outcome expertise with Goldman Sachs' global distribution. Recent product expansions include the September 2025 launches of the Innovator Equity Dual Directional 10 Buffer ETF – September (DDTS) and Innovator Equity Dual Directional 15 Buffer ETF – September (DDFS), both tracking SPY with 0.79% expense ratios, alongside October 2025 additions like DDTO and the November 2025 listing of DDFN on November 3. Earlier in 2024, Innovator launched ETFs such as the Innovator Growth-100 Power Buffer ETF (NNOV) and Innovator International Developed Power Buffer ETF (IMAY), further diversifying its power buffer and international segments.