---
ticker: "BSTP"
name: "Innovator Buffer Step-Up Strategy ETF"
url: "https://etf.net/etf/BSTP"
grade: "D"
score: 32
graded_at: "2026-10-12"
category: "S&P 500 Buffer"
category_rank: "7 of 7"
methodology: "https://etf.net/methodology"
---

# BSTP: Innovator Buffer Step-Up Strategy ETF

Grade **D**, Score 32 of 100. Rank 7 of 7 in S&P 500 Buffer.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 9 | 7 of 7 |
| Mission | Not scored | — |
| Risk | 37 | 6 of 7 |
| Tradability | 66 | 2 of 7 |
| Holdings | Not scored | — |
| Durability | 63 | 3 of 7 |

## Top holdings

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

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Spy 08/31/2027 7.72 C | 99.42% |
| 2 | — | Spy 08/31/2027 767.1 P | 4.21% |
| 3 | — | Us Bank Mmda - Usbgfs 9 09/01/2037 | 0.16% |

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