---
ticker: "UMAY"
name: "Innovator U.S. Equity Ultra Buffer ETF"
url: "https://etf.net/etf/UMAY"
grade: "C"
score: 50
graded_at: "2026-10-12"
category: "S&P 500 Ultra Buffer 30%"
category_rank: "9 of 13"
methodology: "https://etf.net/methodology"
---

# UMAY: Innovator U.S. Equity Ultra Buffer ETF

Grade **C**, Score 50 of 100. Rank 9 of 13 in S&P 500 Ultra Buffer 30%.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 50 | 2 of 13 |
| Mission | Not scored | — |
| Risk | 53 | 5 of 13 |
| Tradability | 50 | 7 of 13 |
| Holdings | 59 | 1 of 8 |
| Durability | 35 | 10 of 13 |

## Top holdings

The fund holds 4 positions. These are the largest 4, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | VOO | Vanguard S&P 500 ETF | 101.47% |
| 2 | — | Voo 04/30/2027 627.55 P | 1.40% |
| 3 | — | Us Bank Mmda - Usbgfs 9 09/01/2037 | 0.78% |
| 4 | — | Voo 04/30/2027 686.99 C | 0.18% |

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