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
May 1, 2020
North America (U.S.)
1x
Cboe S&P 500 30% (-5% to -35%) Buffer Protect May Series Index
Large-Cap
Blend
Expense Ratio
UMAY has an expense ratio of 0.79%, placing it in 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
Loading data...
Returns By Period
Innovator U.S. Equity Ultra Buffer ETF - May (UMAY) returned 1.94% year-to-date (YTD) and 9.56% over the past 12 months.
UMAY
1.94%
2.72%
1.81%
9.56%
8.05%
5.59%
N/A
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.30% | 0.10% | -1.80% | -0.19% | 2.56% | 1.94% | |||||||
| 2024 | 1.02% | 1.26% | 0.59% | 0.53% | 2.90% | 1.95% | 0.78% | 1.60% | 0.98% | -0.05% | 2.21% | -0.27% | 14.32% |
| 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 rank of UMAY is 74, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
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.
Loading data...
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.
Loading data...
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.
The current Innovator U.S. Equity Ultra Buffer ETF - May drawdown is 0.17%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -12.12% | Apr 5, 2022 | 131 | Oct 11, 2022 | 293 | Dec 11, 2023 | 424 |
| -10.49% | Feb 20, 2025 | 34 | Apr 8, 2025 | 27 | May 16, 2025 | 61 |
| -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 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading data...