UAPRInnovator U.S. Equity Ultra Buffer ETF - April
Seeks to provide returns that match the return of the Underlying ETF, up to a cap of 13.03%, while providing a buffer against losses of 5% to 35%.
By Innovator ETFs · Launched 2019
Annual Cost
0.79%
#4,370 of 6,040 · expensive
Fund Size
$161M
#2,650 of 6,040 · mid-size
Return (1Y)
+11.8%
Track Record
7 years
#1,861 of 6,040 · established
Performance
Total-return NAV · USDGrowth of $10,000
$11,155+11.5%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 7 holdings = 100.1% of fundconcentrated
Vanguard S&P 500 ETF
104.9%
N/A
2.7%
N/A
0.3%
US BANK MMDA - USBGFS 9
0.2%
N/A
-0.1%
N/A
-0.6%
N/A
-7.4%
Asset allocation
Stocks
90.7%
Cash
9.2%
Other
0.1%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
3.3%Low
Year-on-year price swings
Max drawdown
-14.6%Mild
Worst peak-to-trough loss
Sharpe (3Y)
0.95Decent risk-adjusted returns
Sortino (3Y)
1.35Good downside protection
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks to provide returns that match the return of the Underlying ETF, up to a cap of 13.03%, while providing a buffer against losses of 5% to 35%.
- Strategy
- Invests primarily in FLEX Options referencing the Underlying ETF to provide returns matching the Underlying ETF's performance, subject to a cap of 13.03% and a buffer against losses of 5% to 35%. The strategy is designed for the Outcome Period from April 1, 2026 to March 31, 2027, focusing on U.S. equity securities.
- Inception date
- March 29, 2019
- Fund family
- Innovator ETFs
Similar funds
Same asset class, closest by strategy & exposureNext steps
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Data updated on 2026-09-18