Innovator U.S. Equity Ultra Buffer ETF - DecemberUDEC

InnovatorDefined OutcomeBuffer#127 of 318 by YTD

$43.27

+1.0% last session

+9.2% YTD

Data as of 11/4/20264:00 PM ET · End-of-day

Dividend-adjusted total return · Dec 31, 2025 – Nov 4, 2026UDEC

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+1.0%	+0.2%	+2.1%	+9.2%	+11.2%	+51.4%	+45.3%	+64.2%
Peer average	+0.8%	+96.8%	+0.9%	+8.5%	+9.8%	+50.0%	+54.0%	—
S&P 500 · VOO	+1.6%	−1.6%	0.0%	+13.4%	+13.5%	+91.7%	+81.2%	—

Key Statistics

Open all fund facts →

AUM: $232M
Expense ratio: 0.79%
Distribution yield: 0.0%
NAV: $42.84
Volume: 8K
Avg. volume 30D: 20K
High today: $43.30
Low today: $43.22
Previous close: $42.83
52-week high: $43.30
52-week low: $38.01
Our risk indicator: 3/5

UDEC in One Breath

UDEC Among Buffer ETFs

YTD

#1QMARFirst Trust+14.8%$614M

#2BAPRInnovator+14.7%$414M

#3PQAPPGIM+14.1%$31.7M

#4KAPRInnovator+13.9%$179M

#5KFEBInnovator+13.9%$40.7M

#6APRTAllianzIM+13.9%$47.0M

#7FMARFirst Trust+13.8%$1.2B

#8RSSEFirst Trust+13.6%$35.0M

#118UDECInnovator+9.2%$232M

End-of-day Nov 5, 2026 · 289 Buffer ETFs by YTD

$10,000 in UDEC

$10,000 in UDEC became

$14,535

In the S&P 500 (VOO)

$18,115

Total return, dividends in · Oct 27, 2021 – Nov 4, 2026 · S&P 500 uses VOO

UDEC Returns by Period

Today

YTD

MAX

UDEC

+1.0%

+0.2%

+2.1%

+9.2%

+11.2%

+51.4%

+45.3%

+64.2%

Peer average

+0.8%

+96.8%

+0.9%

+8.5%

+9.8%

+50.0%

+54.0%

—

S&P 500 · VOO

+1.6%

−1.6%

0.0%

+13.4%

+13.5%

+91.7%

+81.2%

—

End-of-day Nov 5, 2026 · total return, dividends in · peers = 372 Buffer ETFs

UDEC’s Defined Outcome Rank

YTD

#127of 318
defined outcome ETFs

Best · SIXH+18.4%

UDEC+9.2%

Average+8.3%

Worst · KBUF−17.1%

Defined Outcome ETFs by YTD return · Nov 5, 2026

UDEC Price and 52-Week Range

From the 52-week high

−0.1%

From the 52-week low

+13.8%

Today $43.22 – $43.30

Previous close $42.83

$43.27 now

52-week low$38.0152-week high$43.30

End-of-day Nov 5, 2026 · box = today’s range, dashed = previous close

UDEC’s Share of Buffer ETFs

Today

0.3%

of the $86.4B in 373 Buffer ETFs

UDEC$232M0.3%

BUFR$10.9B12.6%

BUFD$2.2B2.6%

370 others$73.1B84.5%

Buffer ETF AUM · Nov 5, 2026

UDEC 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

UDEC$0.79

FMAY$0.85

FJAN$0.85

Expense ratio · Buffer peers · Nov 5, 2026

Inside UDEC

6 holdings

UDEC

Innovator U.S. Equity Ultra Buffer ETF - December

Today

UDEC reports no holdings we can show: […]

Innovator UDEC · holdings

How It Compares

UDEC

Innovator U.S. Equity Ultra Buffer ETF - December’s Peers

YTD


BUFR	First TrustRead Desk	0.10%	+10.3%	+11.8%	$10.9B
BUFD	First TrustRead Desk	0.10%	+8.4%	+9.8%	$2.2B
BUFQ	First TrustRead Desk	0.10%	+9.8%	+11.0%	$1.7B
FMAY	First TrustRead Desk	0.85%	+7.9%	+9.5%	$1.5B
FJAN	First TrustRead Desk	0.85%	+10.1%	+12.4%	$1.5B
UDEC	InnovatorThis fundRead Desk	0.79%	+9.2%	+11.2%	$232M

Buffer peers · YTD and past-year returns · as of Nov 5, 2026 · sorted by AUM

Head to Head

Put UDEC head to head with BUFR →

BUFR vs UDEC

YTD

BUFRFirst Trust · BufferUDECInnovator · Buffer

Year to date

+10.3%

+9.2%

BUFR wins+1.1 pts

Past year

+11.8%

+11.2%

BUFR wins+0.7 pts

Fee

0.10%

0.79%

BUFR winslower fee

Yield

0.0%

Level

AUM

$10.9B

$232M

BUFR47.0× more

3–0BUFR wins

First Trust BUFR and Innovator UDEC · year-to-date · as of Nov 5, 2026 · AUM not scored

UDEC vs VOO

YTD

UDEC · Innovator U.S. Equity Ultra Buffer ETF - December

+9.2%

VOO · S&P 500

+13.4%

Gap

4.2 pts

Innovator UDEC and Vanguard VOO · YTD total return · as of Nov 5, 2026

UDEC vs Its Peer Average

YTD

UDECAvsBPeer average

1D+1.0%+0.8%

1M+0.2%+96.8%

3M+2.1%+0.9%

YTD+9.2%+8.5%

1Y+11.2%+9.8%

3Y+51.4%+50.0%

5Y+45.3%+54.0%

5–2UDEC wins

372 Buffer peers · each row scaled to its leader

The Details

UDEC

Risk

3/5our risk indicator

CalmerBumpier

Volatility · 1Y6.15%

Deepest drop · 1Y−4.4%

Lowest point · 5Y−7.9%

52-week range

$43.27

$38.01−0.1% from the high$43.30

Innovator UDEC · past-year price moves · as of Nov 5, 2026

UDEC

Fund Facts

Today

2019launched Dec 1

Tracks[…]

Exchange · CUSIPCBOE · 45782C532

StructureETF

Leverage1x

Cost on $10,000$79 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Innovator UDEC · fund facts · as of Nov 5, 2026

UDEC

Payouts by Year

Today

$0no payouts on record

UDEC does not pay a distribution.

Distribution yield0.0%

Paid[…]

Latest ex-date · paid[…]

12 payouts added up[…]

Innovator UDEC · 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$42.84

Premium / discount[…]

Median spread · 30D[…]

Volume today8K

Average volume · 30D20K

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: […]

Issuer contentFrom InnovatorHear the strategy from the people behind UDEC.No issuer videos have been published for this fund.Are you the issuer? Claim this fund →