- ISIN
- US45782C6729
- CUSIP
- 45782C672
- Issuer
- Innovator
- Inception Date
- Jul 31, 2019
- Region
- North America (U.S.)
- Category
- Defined Outcome
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P 500
- Domicile
- United States
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $167M
Share Price Chart
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Performance
UAUG Performance Chart
Innovator U.S. Equity Ultra Buffer ETF - August (UAUG) is up 5.1% since the beginning of the year. UAUG is currently trading at $42 per share. Investors who bought $1,000 worth of UAUG shares 5 years ago would now be looking at an investment worth $1,471.
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Returns By Period
Innovator U.S. Equity Ultra Buffer ETF - August (UAUG) has returned 5.12% so far this year and 15.38% over the past 12 months.
Innovator U.S. Equity Ultra Buffer ETF - August
- 1D
- -0.01%
- 1M
- 0.65%
- YTD
- 5.12%
- 6M
- 5.07%
- 1Y
- 15.38%
- 3Y*
- 14.24%
- 5Y*
- 8.03%
- 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%
UAUG Monthly Returns History
Based on dividend-adjusted daily data since Aug 1, 2019, UAUG's average daily return is +0.03%, while the average monthly return is +0.66%. At this rate, an investment would double in approximately 8.8 years.
Historically, 66% of months were positive and 34% were negative. The best month was Jun 2023 with a return of +5.9%, while the worst month was Mar 2020 at -5.5%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 3 months.
On a daily basis, UAUG closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +4.5%, while the worst single day was Mar 16, 2020 at -6.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.75% | -0.00% | -2.18% | 4.83% | 1.49% | 0.25% | 5.12% | ||||||
| 2025 | 1.65% | -0.54% | -3.57% | -0.24% | 4.43% | 3.76% | 2.21% | 1.14% | 1.61% | 0.66% | 0.29% | 0.60% | 12.42% |
| 2024 | 1.11% | 3.22% | 1.78% | -1.62% | 3.30% | 1.42% | 0.89% | 1.68% | 1.47% | -0.44% | 2.71% | -0.87% | 15.51% |
| 2023 | 2.99% | -1.50% | 2.09% | 0.94% | -0.29% | 5.89% | 3.22% | -0.81% | -2.88% | -1.08% | 5.22% | 3.05% | 17.71% |
| 2022 | -1.40% | -1.07% | 1.66% | -4.09% | -0.55% | -2.79% | 0.06% | -1.89% | -4.28% | 3.56% | 2.53% | -2.78% | -10.81% |
| 2021 | -0.58% | 0.72% | 1.04% | 0.66% | 0.19% | 0.32% | 0.26% | 0.89% | -1.54% | 2.07% | -0.57% | 1.43% | 4.94% |
Benchmark Metrics
Innovator U.S. Equity Ultra Buffer ETF - August has an annualized alpha of 1.97%, beta of 0.40, and R2 of 0.84 versus S&P 500 Index. Calculated based on daily prices since August 01, 2019.
- This ETF participated in 44.91% of S&P 500 Index downside but only 41.10% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.40 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
- 1.97%
- Beta
- 0.40
- R²
- 0.84
- Upside Capture
- 41.10%
- Downside Capture
- 44.91%
Expense Ratio
UAUG has an expense ratio of 0.79%, placing it in the medium range.
Return for Risk
Risk / Return Rank
UAUG ranks 89 for risk / return — in the top 89% 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 Ultra Buffer ETF - August (UAUG) 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.
| UAUG | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.87 | ||
| Sortino ratioReturn per unit of downside risk | +1.54 | ||
| Omega ratioGain probability vs. loss probability | 1.60 | 1.37 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 3.90 | 2.78 | +1.11 |
| Martin ratioReturn relative to average drawdown | 20.68 | 12.44 | +8.24 |
Dividends
Dividend History
Innovator U.S. Equity Ultra Buffer ETF - August provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.83% |
Monthly Dividends
The table displays the monthly dividend distributions for Innovator U.S. Equity Ultra Buffer ETF - August. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
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 Ultra Buffer ETF - August. 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 Ultra Buffer ETF - August was 13.91%, occurring on Oct 12, 2022. Recovery took 190 trading sessions.
The current Innovator U.S. Equity Ultra Buffer ETF - August drawdown is 0.03%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -13.91%Oct 2022 | 9mo 10d | 9mo 9d | 1y 6moJan 2022 - Jul 2023 |
COVID crash2020 | -13.63%Mar 2020 | 29d | 3mo 27d | 4mo 26dFeb 2020 - Jul 2020 |
2025 selloff2025 | -10.35%Apr 2025 | 1mo 17d | 1mo 29d | 3mo 16dFeb 2025 - Jun 2025 |
2023 pullback2023 | -5.61%Oct 2023 | 2mo 26d | 26d | 3mo 22dAug 2023 - Nov 2023 |
2026 pullback2026 | -3.96%Mar 2026 | 1mo 25d | 14d | 2mo 9dFeb 2026 - Apr 2026 |
Drawdown Indicators
| UAUG | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.91% | -56.78% | +42.87% |
Max Drawdown (1Y)Largest decline over 1 year | -3.96% | -9.10% | +5.14% |
Max Drawdown (3Y)Largest decline over 3 years | -10.35% | -18.90% | +8.55% |
Max Drawdown (5Y)Largest decline over 5 years | -13.91% | -25.43% | +11.52% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.03% | -1.80% | +1.77% |
Average DrawdownAverage peak-to-trough decline | -2.34% | -10.71% | +8.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.75% | 2.03% | -1.28% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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