EALT was created on 2023-09-30 by Innovator. The fund's investment portfolio concentrates primarily on downside hedge alternatives. EALT aims to participate in the price movement of the SPDR S&P 500 ETF (ticker: SPY), up to a cap while buffering the first 5-15% decline. The fund resets its buffer and cap levels every three months. The actively managed fund holds FLEX options.