UNOVInnovator U.S. Equity Ultra Buffer ETF - November
Seeks to provide returns that match the Underlying ETF's return, up to a cap of 12%, while buffering losses between 5% and 35%.
By Innovator ETFs · Launched 2019
Annual Cost
0.79%
#4,370 of 6,040 · expensive
Fund Size
$106M
#3,041 of 6,040 · mid-size
Return (1Y)
+10.3%
Track Record
6 years
#1,969 of 6,040 · established
Performance
Total-return NAV · USDGrowth of $10,000
$11,013+10.1%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
AlternativeRegion
North americaStrategy
Structured outcome
Index tracked
S&P 500 Price Return Index
Holdings
By weightConcentration
Top 5 holdings = 100.1% of fundconcentrated
N/A
100.3%
N/A
2.0%
US BANK MMDA - USBGFS 9
0.3%
N/A
-0.3%
N/A
-2.3%
Asset allocation
Stocks
97.0%
Cash
3.0%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
6.0%Low
Year-on-year price swings
Max drawdown
-14.0%Mild
Worst peak-to-trough loss
Sharpe (3Y)
0.82Decent risk-adjusted returns
Sortino (3Y)
1.17Good downside protection
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks to provide returns that match the Underlying ETF's return, up to a cap of 12%, while buffering losses between 5% and 35%.
- Strategy
- Invests primarily in FLEX Options referencing the Underlying ETF to provide buffered returns against losses of 5% to 35% and to replicate the Underlying ETF's performance, subject to a 12% upside cap. Focuses on large-cap U.S. equity securities.
- Inception date
- October 31, 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