InnovatorDefined OutcomeBuffer#120 of 318 by YTD

Innovator U.S. Equity Power Buffer ETFPFEB

S&P 500 Compare

$44.06+1.3%

+$0.57 · Nov 9 close

Buy

AUM: $867M
Fee: 0.79%
Yield: 0.0%

Bumpy · 1Y: 0.5×S&P
Volume: 28K
NAV: $43.47

52-week range1% below the high

$39.26$44.55

Returns	Today	1W	1M	3M	YTD	1Y	3Y	5Y	Max
Total return	+1.3%	+0.2%	−0.9%	+0.6%	+8.2%	+10.6%	+43.9%	+52.0%	+78.6%
Peer average	+1.4%	+0.1%	+95.4%	+99.8%	+7.6%	+9.6%	+45.4%	+51.7%	—
S&P 500 · VOO	+2.3%	+0.1%	−3.3%	−2.1%	+11.3%	+13.6%	+81.6%	+75.4%	—

PFEB in One Breath

PFEB Among Buffer ETFs

YTD

#1QMARFirst Trust+13.8%$603M

#2BAPRInnovator+13.8%$408M

#3KAPRInnovator+13.7%$173M

#4KFEBInnovator+13.6%$37.9M

#5KOCTInnovator+13.4%$169M

#6PQAPPGIM+13.3%$31.6M

#7FMARFirst Trust+13.0%$1.2B

#8APRTAllianzIM+12.9%$46.5M

#116PFEBInnovator+8.2%$867M

End-of-day Nov 9, 2026 · 289 Buffer ETFs by YTD

$10,000 in PFEB

$10,000 in PFEB became

$15,198

In the S&P 500 (VOO)

$17,543

Total return, dividends in · Nov 1, 2021 – Nov 9, 2026 · S&P 500 uses VOO

PFEB Returns by Period

Today

YTD

MAX

PFEB

+1.3%

−0.9%

+0.6%

+8.2%

+10.6%

+43.9%

+52.0%

+78.6%

Peer average

+1.4%

+95.4%

+99.8%

+7.6%

+9.6%

+45.4%

+51.7%

—

S&P 500 · VOO

+2.3%

−3.3%

−2.1%

+11.3%

+13.6%

+81.6%

+75.4%

—

End-of-day Nov 9, 2026 · total return, dividends in · peers = 374 Buffer ETFs

PFEB’s Defined Outcome Rank

YTD

#120of 318
defined outcome ETFs

Best · SIXH+16.7%

PFEB+8.2%

Average+7.4%

Worst · KBUF−17.4%

Defined Outcome ETFs by YTD return · Nov 9, 2026

PFEB Price and 52-Week Range

From the 52-week high

−1.1%

From the 52-week low

+12.2%

Today $43.56 – $44.11

Previous close $43.49

$44.06 now

52-week low$39.2652-week high$44.55

End-of-day Nov 9, 2026 · box = today’s range, dashed = previous close

PFEB’s Share of Buffer ETFs

Today

1.0%

of the $85.6B in 375 Buffer ETFs

PFEB$867M1.0%

BUFR$10.8B12.6%

BUFD$2.2B2.6%

372 others$71.7B83.8%

Buffer ETF AUM · Nov 9, 2026

PFEB Fee per $100 vs Peers

Today

$0.79a year
per $100

$79 a year on $10,000

BUFR$0.10

BUFD$0.10

BUFQ$0.10

PFEB$0.79

FJAN$0.85

FMAY$0.85

Expense ratio · Buffer peers · Nov 9, 2026

Inside PFEB

6 holdings

PFEB

Innovator U.S. Equity Power Buffer ETF

Today

PFEB reports no holdings we can show: […]

Innovator PFEB · holdings

How It Compares

PFEB

Innovator U.S. Equity Power Buffer ETF’s Peers

Today


BUFR	First TrustRead Desk	0.10%	+1.7%	+11.2%	$10.8B
BUFD	First TrustRead Desk	0.10%	+1.3%	+9.3%	$2.2B
BUFQ	First TrustRead Desk	0.10%	+2.3%	+10.8%	$1.6B
FJAN	First TrustRead Desk	0.85%	+1.7%	+11.8%	$1.5B
FMAY	First TrustRead Desk	0.85%	+1.6%	+8.7%	$1.5B
PFEB	InnovatorThis fundRead Desk	0.79%	+1.3%	+10.6%	$867M

Buffer peers · Today’s and past-year returns · as of Nov 10, 2026 · sorted by AUM

Head to Head

Put PFEB head to head with BUFR →

BUFR vs PFEB

YTD

BUFRFirst Trust · BufferPFEBInnovator · Buffer

Year to date

+8.9%

+8.2%

BUFR wins+0.7 pts

Past year

+11.2%

+10.6%

BUFR wins+0.6 pts

Fee

0.10%

0.79%

BUFR winslower fee

Yield

0.0%

Level

AUM

$10.8B

$867M

BUFR12.5× more

3–0BUFR wins

First Trust BUFR and Innovator PFEB · year-to-date · as of Nov 10, 2026 · AUM not scored

PFEB vs VOO

YTD

PFEB · Innovator U.S. Equity Power Buffer

+8.2%

VOO · S&P 500

+11.3%

Gap

3.1 pts

Innovator PFEB and Vanguard VOO · Today total return · as of Nov 10, 2026

PFEB vs Its Peer Average

YTD

PFEBAvsBPeer average

1D+1.3%+1.4%

1M−0.9%+95.4%

3M+0.6%+99.8%

YTD+8.2%+7.6%

1Y+10.6%+9.6%

3Y+43.9%+45.4%

5Y+52.0%+51.7%

3–4Peer average wins

374 Buffer peers · each row scaled to its leader

How Bumpy Is PFEB?

View

PFEB

How Bumpy

0.5×the S&P 500’s swings

CalmerBumpierS&P 1×PFEB

Calm rank among 7 buffer funds#2

Other buffer funds0.4× to 0.8×

Innovator PFEB · daily swings over the past year vs the S&P 500

PFEB

Worst Drop

−4.7%from its Feb 2 high

Still below the high−1.1%

$10,000 at the high is now$9,890

Innovator PFEB · fall from the highest close, past year

PFEB

On a Bad Day

0.4×the S&P 500’s fall

PFEB’s worst day: Thursday, Nov 5

PFEB

−2.2%

S&P 500

−4.4%

Up days55 of every 100

S&P 500 up days52 of every 100

Innovator PFEB · average move on days the S&P 500 fell

PFEB

Return for the Bumps

1Y#1 of 7 buffer funds

#1PFEBInnovator

most for the bumps

#2BUFRFirst Trust

#3FJANFirst Trust

#4BUFDFirst Trust

calmest ride

#5FAUGFirst Trust

#6BUFQFirst Trust

#7FMAYFirst Trust

Ranked by return above cash for each unit of bumpiness (Sharpe ratio) · cash = 3.8%

PFEB

Cost

Today

$79a year per $10,000

BUFR

$10

BUFD

$10

BUFQ

$10

PFEB

$79

FJAN

$85

FMAY

$85

FAUG

$85

Expense ratio 0.79%, taken from the fund’s value

PFEB

Volatility & Beta

6.4%annual volatility

S&P 500 volatility13.7%

Downside volatility4.3%

Beta vs SPY0.45

Correlation vs SPY0.96

Beta rank, lowest first, of 7#2

Daily total returns × √252 · past 254 trading days

PFEB

Max Drawdown

−4.7%peak to trough

Peak closeFeb 2, 2026

Current drawdown−1.1%

Worst day−2.23% · Nov 5

Closing prices, dividends in

PFEB

Up / Down Capture

39%down capture vs SPY

Down days

39%

Up days

44%

S&P 500

100%

Up ÷ down capture1.15

Up days55.1% (S&P 52.4%)

Average daily move on SPY up days and down days

PFEB

Sharpe & Sortino vs Peers

Fund	Sharpe	Sortino	Volatility	Max DD	Beta	Fee / $10k
PFEB	1.04	1.54	6.4%	−4.7%	0.45	$79
BUFR	0.96	1.36	7.5%	−4.6%	0.54	$10
FJAN	0.95	1.37	8.2%	−5.9%	0.58	$85
BUFD	0.89	1.29	5.9%	−3.4%	0.41	$10
FAUG	0.74	1.04	8.0%	−5.3%	0.55	$85
BUFQ	0.61	0.85	10.8%	−8.2%	0.72	$10
FMAY	0.58	0.81	8.1%	−4.2%	0.56	$85

Sharpe = (return − 3.8% cash) ÷ volatility · Sortino uses downside volatility only

PFEB

Trading

Today

+1.36%above its holdings’ value

Close$44.06

NAV$43.47

Fee per $10,000$79 a year

Avg. volume 30D16K shares

Premium / discount history starts once daily NAV is saved

Close vs net asset value, Nov 9

The Details

PFEB

Fund Facts

Today

2020launched Feb 3

Tracks[…]

Exchange · CUSIPCBOE · 45782C417

StructureETF

Leverage1x

Cost on $10,000$79 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Innovator PFEB · fund facts · as of Nov 10, 2026

PFEB

Payouts by Year

Today

$0no payouts on record

PFEB does not pay a distribution.

Distribution yield0.0%

Paid[…]

Latest ex-date · paid[…]

12 payouts added up[…]

Innovator PFEB · 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$43.47

Premium / discount[…]

Median spread · 30D[…]

Volume today28K

Average volume · 30D16K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.79%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$79.00

Our risk indicator3/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

No payouts on record: […]

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