Innovator U.S. Equity Ultra Buffer ETF - May (UMAY)
UMAY is a passive ETF by Innovator tracking the investment results of the Cboe S&P 500 30% (-5% to -35%) Buffer Protect May Series Index. UMAY launched on May 1, 2020 and has a 0.79% expense ratio.
ETF Info
| Issuer | Innovator |
|---|---|
| Inception Date | May 1, 2020 |
| Region | North America (U.S.) |
| Category | Volatility Hedged Equity |
| Leveraged | 1x |
| Index Tracked | Cboe S&P 500 30% (-5% to -35%) Buffer Protect May Series Index |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
UMAY features an expense ratio of 0.79%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Innovator U.S. Equity Ultra Buffer ETF - May, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Innovator U.S. Equity Ultra Buffer ETF - May had a return of 12.11% year-to-date (YTD) and 19.72% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 12.11% | 20.45% |
| 1 month | 1.14% | 2.13% |
| 6 months | 8.95% | 9.35% |
| 1 year | 19.72% | 34.41% |
| 5 years (annualized) | N/A | 14.21% |
| 10 years (annualized) | N/A | 11.28% |
Monthly Returns
The table below presents the monthly returns of UMAY, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.02% | 1.26% | 0.59% | 0.53% | 2.90% | 1.95% | 0.78% | 1.60% | 12.11% | ||||
| 2023 | 2.74% | -1.98% | 1.84% | 0.92% | 0.46% | 2.85% | 1.13% | -0.14% | -1.97% | -1.22% | 5.41% | 2.07% | 12.53% |
| 2022 | -1.03% | -0.94% | 2.18% | -6.17% | 0.05% | -4.00% | 4.21% | -1.67% | -4.22% | 3.06% | 2.61% | -3.11% | -9.21% |
| 2021 | -0.45% | 0.89% | 0.51% | 0.03% | 0.60% | 0.67% | 0.66% | 0.75% | -1.20% | 1.80% | -0.52% | 1.44% | 5.25% |
| 2020 | 2.53% | 0.09% | 1.50% | 1.05% | -0.47% | -0.69% | 2.69% | 0.51% | 7.38% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of UMAY is 95, placing it in the top 5% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Innovator U.S. Equity Ultra Buffer ETF - May (UMAY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Innovator U.S. Equity Ultra Buffer ETF - May. 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 - May was 12.12%, occurring on Oct 11, 2022. Recovery took 293 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -12.12% | Apr 5, 2022 | 131 | Oct 11, 2022 | 293 | Dec 11, 2023 | 424 |
| -4.02% | Jan 5, 2022 | 47 | Mar 14, 2022 | 10 | Mar 28, 2022 | 57 |
| -3.54% | Jul 17, 2024 | 14 | Aug 5, 2024 | 10 | Aug 19, 2024 | 24 |
| -2.47% | Jun 9, 2020 | 3 | Jun 11, 2020 | 26 | Jul 20, 2020 | 29 |
| -1.92% | Sep 3, 2024 | 4 | Sep 6, 2024 | 6 | Sep 16, 2024 | 10 |
Volatility
Volatility Chart
The current Innovator U.S. Equity Ultra Buffer ETF - May volatility is 1.80%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.