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ISIN
US45784N4034
Issuer
Innovator
Inception Date
Mar 13, 2025
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend
Assets Under Management
$17M

Share Price Chart


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Performance

SPUT Performance Chart

Innovator Equity Premium Income Daily PutWrite ETF (SPUT) is up 5.5% since the beginning of the year. SPUT is currently trading at $28 per share.


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S&P 500 Index

Returns By Period

Innovator Equity Premium Income Daily PutWrite ETF (SPUT) has returned 5.47% so far this year and 16.41% over the past 12 months.


Innovator Equity Premium Income Daily PutWrite ETF

1D
-0.18%
1M
-0.92%
YTD
5.47%
6M
5.45%
1Y
16.41%
3Y*
5Y*
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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SPUT Monthly Returns History

Based on dividend-adjusted daily data since Mar 14, 2025, SPUT's average daily return is +0.06%, while the average monthly return is +1.15%. At this rate, an investment would double in approximately 5.1 years.

Historically, 69% of months were positive and 31% were negative. The best month was Apr 2026 with a return of +5.7%, while the worst month was Apr 2025 at -1.9%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 2 months.

On a daily basis, SPUT closed higher 60% of trading days. The best single day was Apr 9, 2025 with a return of +4.7%, while the worst single day was Apr 4, 2025 at -6.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-0.07%0.39%-1.85%5.68%3.06%-1.66%5.47%
2025-0.29%-1.89%4.11%3.25%1.58%1.14%2.43%1.25%0.83%0.46%13.49%

Benchmark Metrics

Innovator Equity Premium Income Daily PutWrite ETF has an annualized alpha of -0.07%, beta of 0.59, and R2 of 0.83 versus S&P 500 Index. Calculated based on daily prices since March 14, 2025.

  • This ETF participated in 57.46% of S&P 500 Index downside but only 53.32% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.59 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
-0.07%
Beta
0.59
0.83
Upside Capture
53.32%
Downside Capture
57.46%

Expense Ratio

SPUT has an expense ratio of 0.79%, placing it in the medium range.


Return for Risk

Risk / Return Rank

SPUT ranks 75 for risk / return — better than 75% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


SPUT Risk / Return Rank: 7575
Overall Rank
SPUT Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
SPUT Sortino Ratio Rank: 6464
Sortino Ratio Rank
SPUT Omega Ratio Rank: 7676
Omega Ratio Rank
SPUT Calmar Ratio Rank: 8484
Calmar Ratio Rank
SPUT Martin Ratio Rank: 8484
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Innovator Equity Premium Income Daily PutWrite ETF (SPUT) 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.


SPUTBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.10

Sortino ratioReturn per unit of downside risk

+0.13

Omega ratioGain probability vs. loss probability

1.43

1.37

+0.06

Calmar ratioReturn relative to maximum drawdown

4.32

2.78

+1.54

Martin ratioReturn relative to average drawdown

16.78

12.44

+4.34

Dividends

Dividend History

Innovator Equity Premium Income Daily PutWrite ETF provided a 5.11% dividend yield over the last twelve months, with an annual payout of $1.44 per share.


4.66%$0.00$0.20$0.40$0.60$0.80$1.00$1.202025
Dividends
Dividend Yield
PeriodTTM2025
Dividend$1.44$1.27

Dividend yield

5.11%4.66%

Monthly Dividends

The table displays the monthly dividend distributions for Innovator Equity Premium Income Daily PutWrite ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.08$0.15$0.16$0.11$0.07$0.00$0.57
2025$0.06$0.20$0.15$0.11$0.13$0.11$0.13$0.13$0.16$0.11$1.27

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 Equity Premium Income Daily PutWrite ETF. 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 Equity Premium Income Daily PutWrite ETF was 10.55%, occurring on Apr 4, 2025. Recovery took 28 trading sessions.

The current Innovator Equity Premium Income Daily PutWrite ETF drawdown is 2.00%.


Related event

Drawdown

Fall

Recovery

Underwater

2025 selloff2025
-10.55%Apr 2025
9d1mo 11d
1mo 20dMar 2025 - May 2025
2026 pullback2026
-3.81%Mar 2026
2mo 6d24d
3moJan 2026 - Apr 2026
2026 pullback2026
-3.46%Jun 2026
7d
20d 19hJun 2026 - now
2025 pullback2025
-2.21%Nov 2025
7d8d
15dNov 2025 - Nov 2025
2025 pullback2025
-2.06%Oct 2025
1d14d
15dOct 2025 - Oct 2025

Drawdown Indicators


SPUTBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-10.55%

-56.78%

+46.23%

Max Drawdown (1Y)

Largest decline over 1 year

-3.81%

-9.10%

+5.29%

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 Drawdown

Current decline from peak

-2.00%

-1.80%

-0.20%

Average Drawdown

Average peak-to-trough decline

-0.93%

-10.71%

+9.78%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.98%

2.03%

-1.05%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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