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BMAYInnovator U.S. Equity Buffer ETF - May

Stay safeGrow my money6y track recordRanked #141 of 387 in this goal

Seeks to provide returns that match the Underlying ETF's return with an upside cap of 18.13% and a buffer against the first 9% of losses.

By Innovator ETFs · Launched 2020

Annual Cost

0.79%

#4,370 of 6,040 · expensive

Fund Size

$238M

#2,313 of 6,040 · mid-size

Return (1Y)

+10.7%

Track Record

6 years

#2,074 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,043+10.4%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Structured outcome

Index tracked

S&P 500 Index

Holdings

By weight

Concentration

Top 5 holdings = 101.6% of fundconcentrated

N/A
109.5%
US BANK MMDA - USBGFS 9
1.8%
N/A
0.0%
N/A
0.0%
N/A
-9.8%

Asset allocation

Stocks
96.3%
Cash
3.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
6.4%Low

Year-on-year price swings

Max drawdown
-17.7%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
1.08Strong risk-adjusted returns
Sortino (3Y)
1.59Good downside protection

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to provide returns that match the Underlying ETF's return with an upside cap of 18.13% and a buffer against the first 9% of losses.
Strategy
Invests primarily in FLEX Options referencing the Underlying ETF to provide returns that match the Underlying ETF's performance, subject to an upside cap of 18.13% and a buffer against the first 9% of losses. The Fund aims to replicate the Underlying ETF's performance over the Outcome Period.
Inception date
April 30, 2020
Fund family
Innovator ETFs

Next steps

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Data updated on 2026-09-18