USEP

Innovator S&P 500 Ultra Buffer ETF - September
*Unless otherwise stated, data provided by FactSet.

USEP Fund Description

USEP aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral.

USEP Factset Analytics Insight

USEP uses options in an effort to moderate losses on the S&P 500 over a one-year period starting each September. The fund foregoes some upside return as well as the S&P 500’s dividend component, because the options are written on the price (not total) return version of the index. In exchange for preventing realization of the first 30% of the S&P 500’s losses, investors forego upside participation above a certain threshold, which is reset annually.  Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website.  The fund must be held to the end of the period to achieve the intended results. The targeted buffers and caps do not include the fund’s expense ratio. The fund is actively managed, resets annually and uses listed options exclusively.

USEP Charts And Performance

Price Chart ($)
Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 09/22/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
USEP -1.83% 1.67% 1.46% 4.18% -- -- --
USEP (NAV) -1.70% 1.54% 1.72% 4.62% -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index -2.19% 7.83% 6.81% 16.31% 13.31% 14.42% 14.09%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

USEP Summary Data

Innovator
09/03/19
Open-Ended Fund
0.79%
$37.53M
$1.29M
0.43%

USEP Portfolio Data

--
--
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0.63%
N/A
2

USEP Index Data

No Underlying Index
Proprietary
Proprietary
MSCI USA Large Cap Index

USEP Portfolio Management

0.79%
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USEP Tax Exposures

20.00% / 39.60%
0.66%
Qualified dividends
No

USEP Fund Structure

Open-Ended Fund
Yes
No
No Policy
N/A
N/A
High
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

USEP Factset Analytics Block Liquidity

As of 09/23/20
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of USEP. USEP is rated a N/A out of 5.

USEP Tradability

49,412
$1.29M
2,740
$71.38K
0.43%
$0.11
-0.05%
0.69% / -0.78%
None
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25,000
0.11
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0
$25.79
N/A

USEP Top 10 Holdings

101.63%
-1.63%
100%

USEP Countries


USEP
Segment Benchmark
--
99.89%
--
0.11%

USEP Regions


USEP
Segment Benchmark
--
100.00%

USEP Economic Development


USEP
Segment Benchmark
--
100.00%

USEP Performance Statistics

0.91
0.36
0.36
0.39
1.21%
MSCI USA Large Cap Index

USEP Benchmark Comparison Holdings

2
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USEP Benchmark Comparison Summary


USEP
Segment Benchmark
2
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USEP Benchmark Comparison Market Cap Size


USEP
Segment Benchmark
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