DDFN – Innovator Equity Dl Drctnl 15 Bfr ETFNov – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks the fund seeks to provide investors with capital appreciation by participating in the positive price returns of the SPDR® S&P 500® ETF Trust. The fund invests in option contracts, specifically FLEX Options, to pursue its investment objective and seek to provide the Outcomes. The reference asset for all of the fund’s FLEX Options is the Underlying ETF. The SPDR® S&P 500® ETF Trust is an exchange-traded unit investment trust that seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500® Index. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
DDFN	Innovator Equity Dual Directional 15 Buffer ETF November	ETF	Open	—	—	Oct 31, 2025	$61.80M	0.790%	—	—	—

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