# Innovator U.S. Small Cap Power Buffer ETF - December (KDEC) — Overview

KDEC · BATS · Fund

Canonical page: https://www.lighthorse.io/tickers/kdec

## Price

Last close $27.94 on Oct 15, 2026. 52-week range $24.80 – $28.95.

## Fund profile

KDEC aims to participate in the price movement of the iShares Russell 2000 ETF, up to a predetermined cap, while buffering the first 15% of losses over a one-year period. The fund is actively managed, using FLEX options and collateral to provide exposure.

| Metric | Value |
| --- | --- |
| Issuer | Innovator |
| Industry | — |
| Inception | Dec 1, 2024 |
| Assets under management | $68.5M |
| Expense ratio | 0.79% |
| Net asset value | $27.68 (as of Oct 14, 2026) |
| Distributions | Annually |
| Leverage | 1x |

## Frequently Asked Questions

### What is Innovator U.S. Small Cap Power Buffer ETF - December (KDEC)?

KDEC aims to participate in the price movement of the iShares Russell 2000 ETF, up to a predetermined cap, while buffering the first 15% of losses over a one-year period. The fund is actively managed, using FLEX options and collateral to provide exposure.

### What is KDEC's expense ratio?

Innovator U.S. Small Cap Power Buffer ETF - December charges an annual expense ratio of 0.79%. The fund is issued by Innovator.

### How large is KDEC?

Innovator U.S. Small Cap Power Buffer ETF - December manages $68.5M in assets and has traded since Dec 1, 2024.

### How do I buy shares of Innovator U.S. Small Cap Power Buffer ETF - December (KDEC)?

KDEC trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).