---
ticker: "PNOV"
name: "Innovator U.S. Equity Power Buffer ETF"
url: "https://etf.net/etf/PNOV"
grade: "C"
score: 48
graded_at: "2026-10-12"
category: "S&P 500 Buffer 15%"
category_rank: "22 of 61"
methodology: "https://etf.net/methodology"
---

# PNOV: Innovator U.S. Equity Power Buffer ETF

Grade **C**, Score 48 of 100. Rank 22 of 61 in S&P 500 Buffer 15%.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 35 | 34 of 61 |
| Mission | Not scored | — |
| Risk | 50 | 24 of 57 |
| Tradability | 61 | 22 of 59 |
| Holdings | Not scored | — |
| Durability | 84 | 7 of 61 |

## Top holdings

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

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Spy 10/30/2026 6.82 C | 101.37% |
| 2 | — | Us Bank Mmda - Usbgfs 9 09/01/2037 | 0.32% |
| 3 | — | Spy 10/30/2026 682.06 P | 0.03% |

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