Innovator S&P 500 Power Buffer ETF - April New Price & Performance (PAPR)

Amid heightened market volatility, investors have poured billions into buffer ETFs, seeking protection from sharp downturns. These funds, employing options strategies, limit losses but cap gains. Recent market turbulence, exacerbated by tariff threats, has further fueled demand, with $850 million moving into these products in a single day.12

The PGIM S&P 500 Max Buffer ETF - January closed at $24.93, up 0.16% as of April 25, 2025. This ETF offers downside protection and capped upside, attracting investors wary of unpredictable markets. Its performance highlights the growing appeal of defined outcome strategies during recent market swings.34

AE Wealth Management and other institutional investors have significantly increased holdings in the Innovator U.S. Equity Power Buffer ETF – April. The fund, which targets capped gains and buffered losses on the S&P 500, has seen its market capitalization reach $449.82 million, reflecting robust demand for risk-managed products.56