(BUFB) Innovator Laddered - Ratings and Ratios

The Innovator Laddered Allocation Buffer ETF (BATS: BUFB) is a defined outcome ETF designed to provide exposure to a laddered portfolio of ETFs. The fund allocates at least 80% of its net assets, including investment borrowings, to the ETFs that comprise its underlying index. The index employs a laddered investment strategy, which involves holding a series of similar securities with staggered reset dates to mitigate timing risks associated with concentrated investments. This approach aims to reduce exposure to market volatility by spreading investments across different periods. The fund is non-diversified, meaning it may concentrate its holdings in a limited number of securities.

Based on the provided data, the ETF currently has an AUM of $213.47 million, with an average 20-day volume of 26,927 shares. Technically, the fund is trading near its key moving averages, with the 20-day SMA at 32.96, slightly above the 50-day SMA of 32.73, while the 200-day SMA stands at 31.55. The ATR of 0.27 indicates relatively low volatility. The last price of 32.71 suggests the fund is in a consolidative phase, hovering near its short-term averages. Over the next three months, BUFB is likely to trade within a narrow range, with potential resistance at 33.20 (SMA 20) and support at 32.40 (SMA 50). The laddered structure of the fund may help stabilize returns, but market conditions will ultimately dictate performance.