Innovator U.S. Equity Power Buffer ETF
$48.48+0.02 (+0.04%)
- 0.79%
- $1.1B
- +13.6%
- 0.00%
- 0.1M sh
- $48.40
- low $42.28high $48.54
The ETF.net POCT Grade
B
Score 55 out of 100
- 12 of 61
Score 55 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D35 out of 100Rank 34 of 61Mission
Whether the fund did what it promised, tested against its stated mandate.A92 out of 100Rank 3 of 5Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C50 out of 100Rank 24 of 57Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B67 out of 100Rank 12 of 59Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A91 out of 100Rank 1 of 33Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A90 out of 100Rank 1 of 61
Our read on POCT
BOctober's slot in Innovator's Power Buffer lineup: S&P 500 exposure with the first 15% of a drop absorbed, in exchange for an upside cap set fresh each October 1. Same machinery as its sibling months, different start date.
The Fund seeks to track the return of the SPDR S&P 500 ETF Trust (SPY), subject to a predetermined cap, while protecting against the first 15% of losses during the outcome period.
Why people hold it
- Absorbs the first 15% of a one-year decline in the S&P 500 tracker it references (before fees), then resets every October 1 and can be held indefinitely.innovatoretfs.com
- FLEX options do the work inside a plain 1940 Act ETF: exchange-traded, no K-1, none of the bank credit risk that comes with a structured note.innovatoretfs.com
- Sits in the upper tier of the buffer funds we track, helped by trading that holds up well for an options-based product and a fee in line with the category.
- Running since 2018 with a full set of monthly siblings behind it, plus a laddered version (BUFF) that spreads across start months instead of picking one.
Worth knowing
- The cap is set on the first day of each October period and depends on conditions then. Gains above it don't accrue, and the 0.79% fee trims both cap and buffer.innovatoretfs.com
- Buy mid-period and you inherit whatever buffer and cap remain, not the headline terms. The outcomes are engineered for a full October-to-October hold.innovatoretfs.com
- Exposure comes through options rather than shares, so index dividends don't show up as income; the fund isn't built as a payer.innovatoretfs.com
POCT Holdings
- Stocks
- 504
- 42%
- NVDA
Sectors
- Technology40.4%
- Financials11.3%
- Communication9.8%
- Health Care9.1%
- Consumer Discretionary8.8%
- Industrials7.5%
- Consumer Staples4.4%
- Energy3.5%
- Utilities1.9%
- Real Estate1.7%
- Materials1.5%
Geography
- United States97.67%
- Ireland1.20%
- United Kingdom0.38%
- Switzerland0.28%
- Singapore0.27%
- Netherlands0.11%
- Bermuda0.07%
- Canada0.01%
POCT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
POCT$11,365
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | POCT |
|---|---|
| Year to date | +10.3% |
| 1 month | +2.0% |
| 3 months | +3.8% |
| 1 year | +13.6% |
| 3 years | +12.3% |
| 5 years | +10.5% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | POCT |
|---|---|---|
| 2026 YTD | +10.3% | |
| 2025 | +11.0% | |
| 2024 | +9.6% | |
| 2023 | +20.1% | |
| 2022 | −1.3% | |
| 2021 | +9.5% | |
| 2020 | +10.4% |
POCT in the news
POCT Dividends
- 0.00%
No distributions in the last 12 months.
Distribution history
POCT Risk
- 5.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.23
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −10.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.40
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
POCT Cost
0.79%
POCT0.79%
- The middle half of S&P 500 Buffer 15% funds
- Median 0.79%
23 of the 51 S&P 500 Buffer 15% funds charge less.
Other funds in S&P 500 Buffer 15%
- BPSMRPacer Swan SOS Moderate (April) ETFExpense ratio 0.49%1 year return +13.7%
- BBUFCAB Conservative Buffer ETFExpense ratio 0.69%1 year return +8.0%
- BPSEPInnovator U.S. Equity Power Buffer ETFExpense ratio 0.79%1 year return +11.6%
- CQBSFAIM ETF Products Trust - AllianzIM U.S. Equity Buffer15 ETFExpense ratio 0.64%1 year return +8.3%
- CPMAYInnovator U.S. Equity Power Buffer ETF - MayExpense ratio 0.79%1 year return +10.3%