- Issuer
- Innovator
- Inception Date
- Jan 31, 2020
- Region
- North America (U.S.)
- Category
- Defined Outcome
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P 500
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $924M
Share Price Chart
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Performance
PFEB Performance Chart
Innovator U.S. Equity Power Buffer ETF - February (PFEB) is up 5.5% since the beginning of the year. PFEB is currently trading at $43 per share. Investors who bought $1,000 worth of PFEB shares 5 years ago would now be looking at an investment worth $1,517.
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Returns By Period
Innovator U.S. Equity Power Buffer ETF - February (PFEB) has returned 5.50% so far this year and 15.42% over the past 12 months.
Innovator U.S. Equity Power Buffer ETF - February
- 1D
- -0.17%
- 1M
- 0.40%
- YTD
- 5.50%
- 6M
- 5.60%
- 1Y
- 15.42%
- 3Y*
- 12.18%
- 5Y*
- 8.69%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
PFEB Monthly Returns History
Based on dividend-adjusted daily data since Feb 3, 2020, PFEB's average daily return is +0.04%, while the average monthly return is +0.75%. At this rate, an investment would double in approximately 7.7 years.
Historically, 70% of months were positive and 30% were negative. The best month was Apr 2020 with a return of +6.9%, while the worst month was Mar 2020 at -7.9%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.
On a daily basis, PFEB closed higher 57% of trading days. The best single day was Mar 24, 2020 with a return of +6.6%, while the worst single day was Mar 16, 2020 at -9.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.26% | -0.39% | -2.36% | 5.16% | 2.13% | -0.25% | 5.50% | ||||||
| 2025 | 0.87% | -0.46% | -3.06% | -0.36% | 3.75% | 2.65% | 1.45% | 1.17% | 1.74% | 0.81% | 0.70% | 1.06% | 10.65% |
| 2024 | 1.10% | 2.21% | 1.24% | -1.17% | 2.52% | 1.50% | 0.57% | 1.25% | 0.75% | 0.11% | 1.66% | 0.33% | 12.71% |
| 2023 | 2.29% | -1.48% | 2.13% | 1.13% | 0.51% | 3.64% | 1.49% | -0.15% | -2.40% | -1.40% | 6.32% | 2.25% | 14.96% |
| 2022 | 0.24% | -1.43% | 1.59% | -4.57% | 0.61% | -4.22% | 4.69% | -1.86% | -4.08% | 4.59% | 2.77% | -0.63% | -2.84% |
| 2021 | 0.99% | 1.44% | 2.50% | 1.89% | 0.71% | 0.50% | 0.49% | 0.75% | -0.58% | 1.41% | -0.21% | 1.11% | 11.52% |
Benchmark Metrics
Innovator U.S. Equity Power Buffer ETF - February has an annualized alpha of 1.49%, beta of 0.51, and R2 of 0.87 versus S&P 500 Index. Calculated based on daily prices since February 03, 2020.
- This ETF participated in 42.95% of S&P 500 Index downside but only 42.86% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.51 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
- 1.49%
- Beta
- 0.51
- R²
- 0.87
- Upside Capture
- 42.86%
- Downside Capture
- 42.95%
Expense Ratio
PFEB has an expense ratio of 0.79%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PFEB ranks 82 for risk / return — in the top 82% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Innovator U.S. Equity Power Buffer ETF - February (PFEB) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PFEB | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.53 | ||
| Sortino ratioReturn per unit of downside risk | +1.08 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.37 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 3.29 | 2.78 | +0.50 |
| Martin ratioReturn relative to average drawdown | 17.18 | 12.44 | +4.74 |
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 Power Buffer ETF - February. 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 Power Buffer ETF - February was 19.98%, occurring on Mar 23, 2020. Recovery took 97 trading sessions.
The current Innovator U.S. Equity Power Buffer ETF - February drawdown is 0.38%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -19.98%Mar 2020 | 1mo 2d | 4mo 20d | 5mo 22dFeb 2020 - Aug 2020 |
Bear market2022 | -11.05%Jun 2022 | 2mo 18d | 11mo 6d | 1y 1moMar 2022 - May 2023 |
2025 selloff2025 | -10.58%Apr 2025 | 1mo 18d | 2mo 3d | 3mo 21dFeb 2025 - Jun 2025 |
2023 pullback2023 | -5.18%Oct 2023 | 1mo 12d | 18d | 2moSep 2023 - Nov 2023 |
Bear market2022 | -4.87%Mar 2022 | 1mo 3d | 21d | 1mo 24dFeb 2022 - Mar 2022 |
Drawdown Indicators
| PFEB | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.98% | -56.78% | +36.80% |
Max Drawdown (1Y)Largest decline over 1 year | -4.71% | -9.10% | +4.39% |
Max Drawdown (3Y)Largest decline over 3 years | -10.58% | -18.90% | +8.32% |
Max Drawdown (5Y)Largest decline over 5 years | -11.05% | -25.43% | +14.38% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.38% | -1.80% | +1.42% |
Average DrawdownAverage peak-to-trough decline | -1.82% | -10.71% | +8.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.90% | 2.03% | -1.13% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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