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UMAR

GradeCChicago Board Options Exchange

Innovator U.S. Equity Ultra Buffer ETF

Buffered · Innovator · Inception 2020-03-02

$43.27−0.07 (−0.16%)

As of Sep 23, 2026, 1:48 PM EDT

Intraday session: down, 20 prints from 43.34 to 43.27. Range 43.23 to 43.37. Use the arrow keys to read each point.$43.25$43.30$43.3510 AM12 PM2 PM4 PM
Expense ratio
0.79%
Fund size
$143M
1Y return
+11.2%
Yield · Last 12 months
—
Holdings
6
Volume · 30D
0M sh
NAV per share
$43.14
52W range
low $38.71high $43.35

The ETF.net UMAR Grade

C

53/ 100

Rank 4 of 13 in S&P 500 Ultra Buffer 30%⁠

Confidence Medium

Six-pillar profile for UMAR. Scores out of 100: Cost 50, Risk 67, Mission not scored, Tradability 50, Holdings 59, Durability 37. Strongest: Risk (67). Weakest: Durability (37). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 53 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 50
    Category rank9/13 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 67
    Category rank1/13 · top 8%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 50
    Category rank7/13 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 59
    Category rank5/7 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 37
    Category rank9/13 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

UMAR Holdings

As of Sep 22, 2026, 10:01 PM
Asset class
Stocks
Holdings
6
Top-10 weight
106%
Largest holding
VOO103.9%

Sectors

Geography

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001VOOVanguard S&P 500 ETF103.87%210,009$150M57
002—VOO 02/26/2027 599.49 P0.82%2,145$1M1
003—US BANK MMDA - USBGFS 9 09/01/20370.76%1,093,156$1M161
004—VOO 02/26/2027 656.27 C0.23%44$338K1
005—Cash & Other0.07%93,706$94K674

Showing 1–5 of 5 holdings

UMAR Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

UMAR$11,121
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. UMAR $11,121. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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.

Trailing total return for UMAR. Periods over one year show the average yearly return.
PeriodUMAR
Year to date+8.5%
1 month+0.9%
3 months+2.8%
1 year+11.2%
3 years+13.1%per year
5 years+8.2%per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for UMAR
YearReturn barUMAR
2026 YTD+8.5%
2025+11.9%
2024+12.9%
2023+12.2%
2022−5.5%
2021+7.3%
2020+5.2%

Since listing, Mar 2, 2020

UMAR in the news

ETF.net Research hasn’t filed on UMAR yet — coverage lands here as it’s written.

UMAR Dividends

This fund pays no distributions.
—Last 12 months
Payout per share
—Last 12 months

No distributions in the last 12 months.

UMAR Risk

How much the fund’s monthly returns vary, scaled to a year.
5.9%
Annualised · 36 months to Aug 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
1.23
vs 3-month T-bills · to Aug 2026
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.

The largest fall from a peak to the low that followed.
−8.7%
Trough Sep 2022
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.

How strongly the fund’s returns move with its asset-class index.
0.44
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

UMAR Cost

Expense ratio0.79%
  • The middle half of S&P 500 Ultra Buffer 30% funds
  • Median 0.79%

1 of the 13 S&P 500 Ultra Buffer 30% funds charge less.

UMAR costs $79.00 a year on $10,000. The median S&P 500 Ultra Buffer 30% fund costs $79.00.