Key stats
About Innovator Equity Autocallable Income Strategy ETF
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Inception date
Sep 23, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Innovator Capital Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US45784N5932
ACEI is actively managed, entering into OTC swap agreements. The swaps are structured to mirror the returns of autocallable instruments linked to 10 of the 20 largest stocks in the S&P 500, targeting those with the highest expected coupon payments. The autocallable instruments generate coupon payments that are contingent on the performance of their underlying stock and are designed so that the fund only participates in losses if a stocks decline exceeds roughly 30%. The swap agreements are staggered across different maturity and observation dates, seeking to reduce timing and reinvestment risks. Measurement dates for the instruments include monthly coupon dates, quarterly call dates, and a final maturity date (typically three years). New autocallable positions are initiated as existing ones mature or are called. Uninvested assets are placed in short-term Treasury bills or money-market funds, as collateral for swaps. The fund may use box spread options to manage cash or generate income.
Related funds
Classification
What's in the fund
Exposure type
Government
Stock breakdown by region
Top 10 holdings
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ACEI trades at 24.74 USD today, its price has fallen −0.47% in the past 24 hours. Track more dynamics on ACEI price chart.
ACEI net asset value is 24.44 today — it's fallen 0.31% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ACEI assets under management is 2.45 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ACEI fund flows account for 2.49 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ACEI invests in bonds. See more details in our Analysis section.
ACEI expense ratio is 0.79%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ACEI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, ACEI doesn't pay dividends to its holders.
ACEI trades at a premium (1.24%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ACEI shares are issued by Innovator Capital Management LLC
ACEI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 23, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.