---
ticker: "BMAY"
name: "Innovator U.S. Equity Buffer ETF"
url: "https://etf.net/etf/BMAY"
grade: "C"
score: 49
graded_at: "2026-10-12"
category: "S&P 500 Buffer 9-12%"
category_rank: "39 of 77"
methodology: "https://etf.net/methodology"
---

# BMAY: Innovator U.S. Equity Buffer ETF

Grade **C**, Score 49 of 100. Rank 39 of 77 in S&P 500 Buffer 9-12%.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 40 | 34 of 77 |
| Mission | Not scored | — |
| Risk | 67 | 13 of 76 |
| Tradability | 41 | 50 of 77 |
| Holdings | Not scored | — |
| Durability | 74 | 23 of 77 |

## Top holdings

The fund holds 3 positions. These are the largest 3, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Spy 04/30/2027 7.2 C | 100.63% |
| 2 | — | Spy 04/30/2027 718.67 P | 1.90% |
| 3 | — | Us Bank Mmda - Usbgfs 9 09/01/2037 | 0.31% |

Source: etf.net, https://etf.net/etf/BMAY. Please cite the page URL.