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PAUGInnovator U.S. Equity Power Buffer ETF - August

Stay safeGrow my money7y track recordRanked #73 of 387 in this goal

Seeks to provide returns that match the Underlying ETF's return, with a 15% buffer against losses over the outcome period.

By Innovator ETFs · Launched 2019

Annual Cost

0.79%

#4,370 of 6,040 · expensive

Fund Size

$1.0B

#1,162 of 6,040 · large

Return (1Y)

+10.4%

Track Record

7 years

#1,918 of 6,040 · established

Performance

Total-return NAV · USD
Growth of $10,000
$10,988+9.9%

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 = 100.1% of fundconcentrated

N/A
103.9%
N/A
0.8%
US BANK MMDA - USBGFS 9
0.3%
N/A
-0.2%
N/A
-4.6%

Asset allocation

Stocks
95.1%
Cash
4.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
5.3%Low

Year-on-year price swings

Max drawdown
-19.2%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
1.17Strong risk-adjusted returns
Sortino (3Y)
1.73Good downside protection

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to provide returns that match the Underlying ETF's return, with a 15% buffer against losses over the outcome period.
Strategy
Invests primarily in FLEX Options referencing the Underlying ETF to provide a 15% buffer against losses and an upside cap of 12.25% on returns. The strategy aims to replicate the Underlying ETF's performance during the outcome period.
Inception date
July 31, 2019
Fund family
Innovator ETFs

Next steps

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Data updated on 2026-09-18