Innovator U.S. Equity Buffer ETF

Frequently Asked Questions About BSEP

What does BSEP invest in?

The Innovator U.S. Equity Buffer ETF endeavors to mirror the performance of the SPDR S&P 500 ETF Trust (SPY), with returns capped at a pre-established limit. Concurrently, it shields investors from the initial 9% of price drops over its designated outcome period. This ETF is suitable for continuous holding, as its characteristics recalibrate at the close of each outcome period, which typically spans about one year.

What is the expense ratio of BSEP?

Innovator U.S. Equity Buffer ETF (BSEP) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BSEP?

Innovator U.S. Equity Buffer ETF (BSEP) manages $216.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is BSEP actively managed or an index fund?

BSEP's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was BSEP launched?

Innovator U.S. Equity Buffer ETF (BSEP) launched in September 2019 and is managed by Innovator.

How has BSEP performed?

BSEP's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.