Key stats
About Innovator International Developed Power Buffer ETF August
Home page
Inception date
Aug 1, 2024
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
US45783Y1459
IAUG uses FLEX options in an effort to participate in the price performance of the iShares MSCI EAFE ETF (ticker: EFA), up to a predetermined cap, while buffering some downside loss over a one-year period starting each August. The fund foregoes some upside return as well as any dividend component because the options are written on the price (not total) return version of the shares. In exchange for preventing the realization of the first 15% of EFA's losses, investors forego upside participation above a certain threshold, which is reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held for the entire outcome period to pursue the intended results. The targeted buffers and caps do not include the fund's expense ratio. The fund is actively managed, resets annually, and uses FLEX options exclusively.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Rights & Warrants
Bonds, Cash & Other100.00%
Rights & Warrants99.82%
Cash0.18%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IAUG assets under management is 70.91 M USD. It's risen 59.50% over the last month.
IAUG fund flows account for 52.90 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.
No, IAUG doesn't pay dividends to its holders.
IAUG shares are issued by Innovator Capital Management LLC under the brand Innovator. The ETF was launched on Aug 1, 2024, and its management style is Active.
IAUG expense ratio is 0.85% meaning you'd have to pay 0.85% of your investment to help manage the fund.
IAUG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IAUG invests in cash.
IAUG price has risen by 0.53% over the last month, and its yearly performance shows a 9.47% increase. See more dynamics on IAUG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.02% over the last month, have fallen by −0.02% over the last month, showed a 2.55% increase in three-month performance and has increased by 14.76% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.02% over the last month, have fallen by −0.02% over the last month, showed a 2.55% increase in three-month performance and has increased by 14.76% in a year.
IAUG trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.