- Issuer
- Innovator
- Inception Date
- Sep 29, 2023
- Category
- Options Trading
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Accumulating
- Asset Class
- Alternatives
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $167M
Share Price Chart
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Performance
EALT Performance Chart
Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly (EALT) is up 0.9% since the beginning of the year. EALT is currently trading at $36 per share.
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Returns By Period
Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly (EALT) has returned 0.94% so far this year and 11.36% over the past 12 months.
Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly
- 1D
- -0.08%
- 1M
- 1.12%
- YTD
- 0.94%
- 6M
- 1.02%
- 1Y
- 11.36%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.25%
- YTD
- 11.16%
- 6M
- 11.43%
- 1Y
- 28.20%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
EALT Monthly Returns History
Based on dividend-adjusted daily data since Oct 2, 2023, EALT's average daily return is +0.05%, while the average monthly return is +1.04%. At this rate, an investment would double in approximately 5.6 years.
Historically, 70% of months were positive and 30% were negative. The best month was Nov 2023 with a return of +6.4%, while the worst month was Mar 2025 at -5.7%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.
On a daily basis, EALT closed higher 58% of trading days. The best single day was Apr 9, 2025 with a return of +5.8%, while the worst single day was Apr 4, 2025 at -4.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.19% | -0.42% | -5.54% | 4.76% | 1.14% | 0.08% | 0.94% | ||||||
| 2025 | 2.16% | -1.00% | -5.72% | -0.37% | 4.28% | 2.00% | 1.87% | 1.63% | 2.43% | 1.77% | 0.43% | -0.06% | 9.45% |
| 2024 | 1.25% | 3.51% | 1.13% | -2.98% | 3.73% | 3.12% | 1.13% | 2.01% | 2.13% | -0.35% | 4.41% | -2.11% | 18.02% |
| 2023 | -1.25% | 6.41% | 1.63% | 6.80% |
Benchmark Metrics
Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly has an annualized alpha of -1.36%, beta of 0.63, and R2 of 0.91 versus S&P 500 Index. Calculated based on daily prices since October 03, 2023.
- This ETF participated in 85.24% of S&P 500 Index downside but only 60.42% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.63 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- -1.36%
- Beta
- 0.63
- R²
- 0.91
- Upside Capture
- 60.42%
- Downside Capture
- 85.24%
Expense Ratio
EALT has an expense ratio of 0.69%, placing it in the medium range.
Return for Risk
Risk / Return Rank
EALT ranks 40 for risk / return — below 40% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly (EALT) and compare them to S&P 500 Index.
| EALT | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.53 | 2.39 | -0.86 |
Sortino ratioReturn per unit of downside risk | 2.10 | 3.25 | -1.16 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.43 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 1.71 | 3.11 | -1.40 |
Martin ratioReturn relative to average drawdown | 6.49 | 14.38 | -7.89 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly was 14.76%, occurring on Apr 8, 2025. Recovery took 86 trading sessions.
The current Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly drawdown is 0.81%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -14.76%Apr 2025 | 1mo 17d | 4mo 6d | 5mo 23dFeb 2025 - Aug 2025 |
2026 pullback2026 | -6.66%Mar 2026 | 2mo | — | 4mo 5dJan 2026 - now |
2024 pullback2024 | -5.81%Aug 2024 | 19d | 18d | 1mo 7dJul 2024 - Aug 2024 |
2023 pullback2023 | -4.07%Oct 2023 | 10d | 11d | 21dOct 2023 - Nov 2023 |
2024 pullback2024 | -3.90%Apr 2024 | 17d | 26d | 1mo 13dApr 2024 - May 2024 |
Drawdown Indicators
| EALT | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.76% | -56.78% | +42.02% |
Max Drawdown (1Y)Largest decline over 1 year | -6.66% | -9.10% | +2.44% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.81% | 0.00% | -0.81% |
Average DrawdownAverage peak-to-trough decline | -1.65% | -10.72% | +9.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.76% | 1.97% | -0.21% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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