ACEIInnovator Equity Autocallable I
Seeks to provide a high level of income and the potential to limit downside losses.
By Innovator ETFs · Launched 2025
0.79%
#4,209 of 5,853 · expensive
$37M
#3,943 of 5,853 · small
—
11 months
#4,675 of 5,853 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundRisk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks to provide a high level of income and the potential to limit downside losses.
- Strategy
- The Fund employs a defined outcome strategy, investing primarily in FLEX Options that reference the Underlying ETF, which tracks the S&P 500 Index. It aims to deliver predetermined investment outcomes over an Outcome Period, including potential positive returns regardless of the Underlying ETF's performance direction, subject to an Upside Cap and a Buffer against losses.
- Inception date
- September 24, 2025
- Fund family
- Innovator ETFs
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
The big yield isn't extra money
The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.
Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-08-02