The Innovator U.S. Equity Ultra Buffer ETF - October (UOCT) is a mutual fund that aims to provide investors with exposure to the U.S. equity market while also offering downside protection. This ETF utilizes a buffer strategy, which means it will absorb the first 15% of losses in the S&P 500 Index, providing a buffer against market downturns. It is designed to track the performance of the S&P 500 Price Index, while also limiting potential losses. This ETF is ideal for investors looking for a balance of growth potential and risk management in their portfolio.