PMAY
Innovator U.S. Equity Power Buffer ETF - May

Price: $35.74
Change: $0.01 (0.0%)
Last Updated:

Vitals

Issuer Innovator
Brand Innovator
Structure ETF
Expense Ratio 0.79%
ETF Home Page Home page
Inception May 01, 2020

Analyst Report

Pending

Download the FactSet Analyst Insight Report here.

ETF Database Themes

Asset Class Equity
Asset Class Size Large-Cap
Asset Class Style Blend
Region (General) North America
Region (Specific) U.S.

FactSet Classifications

Segment Equity: U.S. - Large Cap
Category Size and Style
Focus Large Cap
Niche Broad-based
Strategy Buy-write
Weighting Scheme Fixed

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $29.85
  • 52 Week Hi $35.79
  • AUM $568.0 M
  • Shares 15.9 M

Historical Trading Data

  • 1 Month Avg. Volume 62,862
  • 3 Month Avg. Volume 51,927

Description

The Innovator S&P 500 Power Buffer ETF seeks to track the return of the SPDR S&P 500 ETF Trust (SPY) up to a predetermined cap, while buffering investors against the first 15% of losses over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually. Innovator Defined Outcome ETFs are the first ETFs that allow investors to take advantage of market growth while maintaining defined levels of buffers against loss. The ETFs are as tax-efficient as traditional ETFs due to a recent rule change allowing the in-kind trading of options.

Alternative ETFs in the ETF Database Volatility Hedged Equity Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest LGLV 0.12% $818.1 M 27,259 21.56%
Largest (AUM) USMV 0.15% $24.5 B 2 M 21.28%
Most Liquid (Volume) USMV 0.15% $24.5 B 2 M 21.28%
Top YTD Performer DVOL 0.60% $54.9 M 5,082 31.56%

Alternative ETFs in the FactSet Equity: U.S. - Large Cap Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest BKLC 0.00% $3.0 B 106,598 27.56%
Largest (AUM) SPY 0.09% $619.5 B 47 M 27.04%
Most Liquid (Volume) SPY 0.09% $619.5 B 47 M 27.04%
Top YTD Performer SPMO 0.13% $3.1 B 821,930 48.40%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

PMAY ETF Database Category Average FactSet Segment Average
Number of Holdings 3 31 106
% of Assets in Top 10 100.00% 78.38% 67.81%
% of Assets in Top 15 100.00% 80.55% 71.63%
% of Assets in Top 50 100.00% 87.91% 84.80%

Size Comparison

PMAY ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A 14.07% 39.15%
Mid (>2.7B) N/A 3.83% 2.19%
Small (>600M) N/A 1.52% 0.08%
Micro (<600M) N/A 0.19% 0.01%

PMAY Valuation

This section compares the P/E ratio of this ETF to its peers.

PMAY
P/E Ratio
0.05
ETF Database Category Average
P/E Ratio
3.11
FactSet Segment Average
P/E Ratio
4.07

PMAY Dividend

This section compares the dividend yield of this ETF to its peers.

PMAY ETF Database Category Average FactSet Segment Average
Dividend N/A $ 0.15 $ 0.17
Dividend Date N/A N/A N/A
Annual Dividend Rate N/A $ 0.31 $ 0.70
Annual Dividend Yield N/A 0.72% 1.53%

PMAY Price and Volume Charts

View charts featuring PMAY price and volume data.

PMAY Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: -1.78 M 1 Month Net Flows: -3.56 M 3 Month Net Flows: -40.76 M 6 Month Net Flows: 21.67 M 1 Year Net Flows: 5.75 M 3 Year Net Flows: 225 M 5 Year Net Flows: 442.38 M 10 Year Net Flows: 442.38 M

PMAY Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

5 Day Net AUM Change: 1.86 M
1 Month Net AUM Change: 5.01 M
3 Month Net AUM Change: -11.81 M
6 Month Net AUM Change: 71.51 M
1 Year Net AUM Change: 99.16 M
3 Year Net AUM Change: 328.19 M
5 Year Net AUM Change: 565.41 M
10 Year Net AUM Change: 565.41 M

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for PMAY on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Volatility Hedged Equity with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity B- SPLV
Expenses C+ SMLV
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

PMAY Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

PMAY
Expense Ratio
0.79%
ETF Database Category Average
Expense Ratio
0.72%
FactSet Segment Average
Expense Ratio
0.60%

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Qualified dividends
Distributes K1 No
ESG Themes and Scores

PMAY does not have an ESG score. There are no ESG themes that map to this ETF.

PMAY Performance

This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.

PMAY ETF Database
Category Average
Factset Segment
Average
1 Month Return 1.91% 2.46% 3.02%
3 Month Return 6.72% 7.81% 8.86%
YTD Return 13.55% 13.75% 12.49%
1 Year Return 19.70% 21.42% 18.66%
3 Year Return 5.48% 6.12% 3.75%
5 Year Return N/A 2.79% 3.13%

Geographic Exposure

The following charts reflect the geographic spread of PMAY's underlying holdings.

Region Percentage
Other 100.0%
Country Percentage
Other 100.0%

Holdings Analysis

The following charts reflect the allocation of PMAY's underlying holdings.

Sector Percentage
Other 99.78%
CASH 0.22%
Market Cap Percentage
Large 0.0%
Mid 0.0%
Small 0.0%
Micro 0.0%
Region Percentage
Asset Percentage
Other 99.78%
CASH 0.22%
Sector Percentage
Other 99.78%
CASH 0.22%

PMAY Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility 12.46%
20 Day Volatility 3.71%
50 Day Volatility 4.81%
200 Day Volatility 6.20%
Beta 0.45
Standard Deviation 1.50%
5 Day Volatility
12.46%
Rank
74 of 129

20 Day Volatility
3.71%
Rank
110 of 129

50 Day Volatility
4.81%
Rank
102 of 129

200 Day Volatility
6.20%
Rank
94 of 129

Beta
0.45
Rank
90 of 128

Standard Deviation
1.50%
Rank
63 of 129

Technicals

  • 20 Day MA $35.42
  • 60 Day MA $35.08
  • MACD 15 Period 0.31
  • MACD 100 Period 1.01
  • Williams % Range 10 Day 9.03
  • Williams % Range 20 Day 9.03
  • RSI 10 Day 75
  • RSI 20 Day 68
  • RSI 30 Day 65
  • Ultimate Oscillator 53

Bollinger Bands

  • Lower Bollinger (10 Day) $35.09
  • Upper Bollinger (10 Day) $35.81
  • Lower Bollinger (20 Day) $35.16
  • Upper Bollinger (20 Day) $35.69
  • Lower Bollinger (30 Day) $35.01
  • Upper Bollinger (30 Day) $35.67

Support & Resistance

  • Support Level 1 $35.72
  • Support Level 2 $35.69
  • Resistance Level 1 $35.78
  • Resistance Level 2 $35.82

Stochastic

  • Stochastic Oscillator %D (1 Day) 41.63
  • Stochastic Oscillator %D (5 Day) 75.63
  • Stochastic Oscillator %K (1 Day) 45.08
  • Stochastic Oscillator %K (5 Day) 59.94

Tradability

  • Tracking Difference Median (%) n/a
  • Tracking Difference Max Upside (%) n/a
  • Tracking Difference Max Downside (%) n/a
  • Median Premium Discount (%) -0.06
  • Maximum Premium Discount (%) 0.17
  • Average Spread (%) 6.12
  • Average Spread ($) 6.12

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

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Analyst Report Authors

ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.

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Copyright MSCI ESG Research LLC [2018]. All Rights Reserved. MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics products (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 23,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted, to nor received approval from, the US SEC or any other regulatory body. None of the information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. All Information is provided solely for your internal use, and may not be reproduced or redisseminated in any form without express prior written permission from MSCI. Neither MSCI ESG nor any of its affiliates or any third party involved in or related to creating any Information makes any express or implied warranties, representations or guarantees, and in no event will MSCI ESG or any such affiliate or third party have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) relating to any Information. More information on MSCI ESG Fund Metrics, provided by MSCI ESG Research LLC, can be found at https://www.msci.com/esg-fund-metrics.
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