Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.
The underlying ETFs each pursue a buffered strategy and as a result seek to match the share price returns of the SPDR® S&P 500® ETF Trust at the end of specified one-year periods, subject to an upside maximum percentage return and downside protection with a buffer against the first 20% of SPY ETF losses for the Outcome Period. Under normal market conditions, the underlying ETFs invest at least 80% of their respective net assets in instruments with economic characteristics similar to U.
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