Innovator Power Buffer Step-Up Strategy ETF

Frequently Asked Questions About PSTP

What does PSTP invest in?

The Innovator Power Buffer Step-Up ETF (PSTP) is an actively managed investment vehicle engineered to offer moderated exposure to the performance of the SPDR S&P 500 ETF Trust (SPY). This comprehensive, single-ticker solution employs an adaptive buffer strategy designed to manage potential downside risks. The strategy undergoes monthly assessment, and the ETF is structured for continuous, indefinite holding by investors.

What is the expense ratio of PSTP?

Innovator Power Buffer Step-Up Strategy ETF (PSTP) charges an expense ratio of 0.89%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PSTP?

Innovator Power Buffer Step-Up Strategy ETF (PSTP) manages $132.7M 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 PSTP actively managed or an index fund?

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

When was PSTP launched?

Innovator Power Buffer Step-Up Strategy ETF (PSTP) launched in March 2022 and is managed by Innovator.

How has PSTP performed?

PSTP'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.