Innovator US Equity Power Buffer ETF July

PJUL

Market cap $1.04B

Kathmere Capital CIO Nick Ryder and Goldman Sachs Asset Management Third Party Wealth co-head Bryon Lake join CNBC's Dominic Chu on “ETF Edge” to break down Goldman's Innovator acquisition and how defined outcome ETFs can help investors seek income and downside protection.

Bryon Lake, Goldman Sachs Asset Management Third Party Wealth co-head, joins Dominic Chu on 'Halftime Report' to discuss what buying Innovator Capital Management means for the firm, the opportunity in defined-outcome ETFs and more.

Buffer ETFs offer downside protection up to 10-15% but cap gains at 10-15%, making them suitable for short-term, risk-averse investors. Long-term investors should avoid buffer funds, as they reduce wealth accumulation. PJUL, a buffer ETF, has shown reduced returns but significantly lower risk and quicker recovery from drawdowns compared to the S&P 500.

An upbeat job market and moderately cooling inflation may prevent the Fed from opting for significant rate cuts in the near future.

Buffer ETFs like PJUL, FFEB, PSEP and JULW may help you ride out the ongoing uncertainty on Wall Street.

Bruce Bond, CEO of Innovator ETFs, explains how they work and when they can be best employed.