Innovator Growth-100 Dual Directional 5 Buffer ETF
DDNQ
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
- Jamie Dimon
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- C/O Corporation Service Company, 251 Little Falls Drive Wilmington DE United States of America 19808
- IPO Date
- Jan 2, 2026
- CIK
- 0001415726
- Website
- innovatoretfs.com
- Similar Companies
- Business
- Innovator ETFs Trust (the Trust) is a Delaware statutory trust that offers a suite of exchange-traded funds (ETFs) designed to provide innovative defined outcome strategies for investors seeking equity exposure with varying levels of downside buffer protection and upside participation. The Trust's core products include buffer ETFs, such as the Innovator Growth 100 Dual Directional 5 Buffer ETF (ticker: DDNQ), which is a quarterly series ETF tracking the Invesco QQQ Trust (QQQ); defined outcome ETFs offering capped upside with full buffer against underlying index losses over specific outcome periods; acceleration ETFs providing enhanced upside exposure to equity indices like the S&P 500 or Nasdaq-100; power buffer ETFs with tiered downside protection levels (9%, 15%, 30%, or 40%); and laddered and defined outcome equity ETFs across multiple underlying benchmarks including the S&P 500, Nasdaq-100, Russell 2000, and international indices. These ETFs are structured as series within the Trust, each with distinct prospectuses outlining their rules-based strategies, outcome periods typically ranging from one month to one year, and active management to replicate target outcomes using FLEX options on the underlying indices; the Trust does not directly invest in equities but employs option overlays for risk-defined returns. Geographically, the Trust operates primarily in the United States, with its ETFs listed on the Cboe BZX Exchange and available to retail and institutional investors nationwide through major broker-dealers and platforms. Established in 2016 and headquartered in the Chicago metropolitan area (with administrative offices in Berwyn, Illinois), the Trust is sponsored by Innovator Capital Management, LLC, an independent firm focused exclusively on defined outcome investment products, and has no parent company. Recent developments include the expansion of the Dual Directional series, exemplified by the launch of DDNQ in late 2024, which introduces a unique 5% buffer on downside losses while retaining up to 115% participation in quarterly Nasdaq-100 gains (subject to a cap), marking Innovator's strategic push into asymmetric outcome strategies amid rising demand for buffered growth exposure; additionally, in 2025, the Trust introduced new buffer ladder ETFs and extended outcome periods for several popular series to enhance portfolio construction flexibility for advisors. These initiatives follow significant assets under management growth exceeding $10 billion across the suite, driven by partnerships with leading wealth platforms and no major acquisitions or reorganizations reported in the past two years.