InnovatorDefined OutcomeBuffer#201 of 318 by YTD
Innovator Buffer Step-Up Strategy ETFBSTP
- AUM
- $58M
- Fee
- 0.89%
- Yield
- 0.0%
- Bumpy · 1Y
- 0.7×S&P
- Volume
- 338
- NAV
- $39.12
52-week range4% below the high
$35.22$40.73
| Returns | 1D | 1M | 3M | YTD | 1Y | 3Y | 5Y | MAX |
|---|---|---|---|---|---|---|---|---|
| Total return | +0.2% | −3.4% | −2.7% | +5.4% | +6.7% | +49.5% | — | +54.4% |
| Peer average | +0.2% | +92.6% | +96.4% | +6.1% | +7.6% | +44.9% | +49.6% | — |
| S&P 500 · VOO | +0.3% | −5.0% | −4.6% | +8.7% | +9.8% | +80.8% | +71.8% | — |
BSTP in One Breath
BSTP Among Buffer ETFs
YTDEnd-of-day Nov 8, 2026 · 289 Buffer ETFs by YTD
$10,000 in BSTP
5Y$10,000 in BSTP became
$15,442
In the S&P 500 (VOO)
$18,879
Total return, dividends in · Mar 8, 2022 – Nov 6, 2026 · S&P 500 uses VOO
BSTP Returns by Period
Today1D
1M
3M
YTD
1Y
3Y
5Y
MAX
BSTP
+0.2%
−3.4%
−2.7%
+5.4%
+6.7%
+49.5%
—
+54.4%
Peer average
+0.2%
+92.6%
+96.4%
+6.1%
+7.6%
+44.9%
+49.6%
—
S&P 500 · VOO
+0.3%
−5.0%
−4.6%
+8.7%
+9.8%
+80.8%
+71.8%
—
End-of-day Nov 8, 2026 · total return, dividends in · peers = 374 Buffer ETFs
BSTP’s Defined Outcome Rank
YTD#201of 318
defined outcome ETFs
defined outcome ETFs
Best · SIXH+14.7%
Average+5.9%
BSTP+5.4%
Worst · KBUF−16.9%
Defined Outcome ETFs by YTD return · Nov 8, 2026
BSTP Price and 52-Week Range
1YFrom the 52-week high
−3.9%
From the 52-week low
+11.1%
Today $39.13 – $39.20
Previous close $39.07
52-week low$35.2252-week high$40.73
End-of-day Nov 8, 2026 · box = today’s range, dashed = previous close
BSTP’s Share of Buffer ETFs
Today0.1%
of the $85.5B in 375 Buffer ETFs
$57.7M0.1%
$10.8B12.6%
$2.2B2.6%
$72.5B84.7%
Buffer ETF AUM · Nov 8, 2026
BSTP Fee per $100 vs Peers
TodayExpense ratio · Buffer peers · Nov 8, 2026
Inside BSTP
5 holdingsBSTP
Innovator Buffer Step-Up Strategy ETF
TodayBSTP reports no holdings we can show: […]
Innovator BSTP · holdings
How It Compares
BSTP
Innovator Buffer Step-Up Strategy ETF’s Peers
TodayBuffer peers · Today’s and past-year returns · as of Nov 9, 2026 · sorted by AUM
Head to Head
Put BSTP head to head with BUFR →BUFR vs BSTP
YTDYear to date
BUFR wins+1.7 pts
Past year
BUFR wins+2.2 pts
Fee
BUFR winslower fee
Yield
Level
AUM
BUFR187.2× more
3–0BUFR wins
First Trust BUFR and Innovator BSTP · year-to-date · as of Nov 9, 2026 · AUM not scored
BSTP vs VOO
YTDBSTP · Innovator Buffer Step-Up Strategy
+5.4%
VOO · S&P 500
+8.7%
Gap
3.3 pts
Innovator BSTP and Vanguard VOO · Today total return · as of Nov 9, 2026
BSTP vs Its Peer Average
YTDBSTPAvsBPeer average
1D+0.2%+0.2%
1M−3.4%+92.6%
3M−2.7%+96.4%
YTD+5.4%+6.1%
1Y+6.7%+7.6%
3Y+49.5%+44.9%
5Y[…]+49.6%
1–5Peer average wins
374 Buffer peers · each row scaled to its leader
How Bumpy Is BSTP?
ViewBSTP
How Bumpy
1Y0.7×the S&P 500’s swings
CalmerBumpierS&P 1×BSTP
Calm rank among 7 buffer funds#6
Other buffer funds0.4× to 0.8×
Innovator BSTP · daily swings over the past year vs the S&P 500
BSTP
Worst Drop
1Y−6.2%from its Jan 28 high
Still below the high−3.9%
$10,000 at the high is now$9,610
Innovator BSTP · fall from the highest close, past year
BSTP
On a Bad Day
1Y0.6×the S&P 500’s fall
BSTP’s worst day: Thursday, Nov 5Up days54 of every 100
S&P 500 up days52 of every 100
Innovator BSTP · average move on days the S&P 500 fell
BSTP
Return for the Bumps
1Y#7 of 7 buffer fundsRanked by return above cash for each unit of bumpiness (Sharpe ratio) · cash = 3.8%
BSTP
Cost
Today$89a year per $10,000
Expense ratio 0.89%, taken from the fund’s value
BSTP
Volatility & Beta
1Y9.1%annual volatility
S&P 500 volatility13.6%
Downside volatility6.6%
Beta vs SPY0.66
Correlation vs SPY0.98
Beta rank, lowest first, of 7#6
Daily total returns × √252 · past 254 trading days
BSTP
Max Drawdown
1Y−6.2%peak to trough
Peak closeJan 28, 2026
Current drawdown−3.9%
Worst day−3.08% · Nov 5
Closing prices, dividends in
BSTP
Up / Down Capture
1Y65%down capture vs SPY
Up ÷ down capture1.01
Up days53.5% (S&P 52.0%)
Average daily move on SPY up days and down days
BSTP
Sharpe & Sortino vs Peers
1YSharpe = (return − 3.8% cash) ÷ volatility · Sortino uses downside volatility only
BSTP
Trading
Today+0.03%above its holdings’ value
Close$39.13
NAV$39.12
Fee per $10,000$89 a year
Avg. volume 30D6K shares
Close vs net asset value, Nov 6
The Details
BSTP
Fund Facts
Today2022launched Mar 8
Tracks[…]
Exchange · CUSIPAMEX · 45783Y731
StructureETF
Leverage1x
Cost on $10,000$89 a year
Go deeper
Innovator BSTP · fund facts · as of Nov 9, 2026
BSTP
Payouts by Year
Today$0no payouts on record
BSTP does not pay a distribution.
Distribution yield0.0%
Paid[…]
Latest ex-date · paid[…]
12 payouts added up[…]
Innovator BSTP · distributions by ex-date
All Fund FactsDocuments · trading · fees · every payout
Prospectus & Documents
Official documents are being connected from SEC EDGAR: […]. Read the issuer’s prospectus before investing.
Trading & Liquidity
Net asset value$39.12
Premium / discount[…]
Median spread · 30D[…]
Volume today338
Average volume · 30D6K
Shares outstanding[…]
Options[…]
Fees & Costs
Net expense ratio0.89%
Gross expense ratio[…]
Management fee[…]
Cost on $10,000 a year$89.00
Our risk indicator3/5
Estimated yearly cost excludes trading costs and assumes constant assets.
Distributions
No payouts on record: […]
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