Innovator Uncapped Accelerated U.S. Equity ETF
XUSP
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 109 N. Hale Street Wheaton IL United States of America 60187
- IPO Date
- Aug 11, 2022
- Website
- innovatoretfs.com
- Similar Companies
- Business
- Innovator Uncapped Accelerated U.S. Equity ETF (XUSP) is an actively managed exchange-traded fund that seeks to provide uncapped, accelerated exposure to the price return of the SPDR S&P 500 ETF Trust (SPY) after the underlying ETF surpasses predefined performance thresholds, typically the initial 5% of gains; the fund achieves this objective through a rules-based options overlay strategy involving four laddered, one-year FLEX Options packages with expiration dates staggered quarterly, utilizing deep-in-the-money call options for long SPY exposure and additional out-of-the-money calls for amplified upside potential without leverage, caps, or active stock selection. XUSP targets long-term outperformance of SPY in positive equity market environments exceeding acceleration thresholds, delivering built-in alpha potential in a low-cost (0.79% expense ratio), liquid, transparent, and tax-efficient structure suitable for core equity allocations; it serves institutional investors, financial advisors, and individual portfolios focused on U.S. large-cap equities, with no participation in SPY's first 5% gains but uncapped enhanced returns thereafter. Launched on August 11, 2022, and listed on Cboe BZX, the ETF is sponsored and managed by Innovator Capital Management, LLC, an SEC-registered investment adviser founded in 2017 and headquartered in Wheaton, Illinois, which pioneers Defined Outcome ETFs including buffer, income, growth, and accelerated strategies across 159 products managing approximately $28 billion in assets. In a major strategic development announced on December 1, 2025, Innovator Capital Management agreed to be acquired by Goldman Sachs Group Inc. in a cash-and-stock transaction valued at approximately $2 billion, subject to performance targets, regulatory approval, and customary closing conditions, with the deal expected to close in Q2 2026 and integrate Innovator as a wholly owned subsidiary under Goldman Sachs Asset Management to expand ETF offerings, adding over $28 billion in assets and enhancing tailored active strategies for institutional and retail clients. This acquisition follows Innovator's growth in defined outcome solutions amid market volatility and represents Goldman Sachs' push into high-growth active ETFs, with Innovator's team of over 60 employees, led by CEO Bruce Bond, joining Goldman Sachs' asset and third-party wealth units while retaining existing investment managers and service providers. Geographically, XUSP operates primarily in the United States, available to U.S. investors through major platforms, as part of Innovator's suite distributed by Foreside Fund Services, LLC.