PSEP ETF Analysis: Innovator SP500 Power | BATS
Defined Outcome | BATS, USA | Market Cap: 816m USD | 12M Return: 11.3% | US45782C6562 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.58M
Warnings
No concerns identified
Tailwinds
Seasonality
The Innovator S&P 500 Power Buffer ETF (PSEP) is a defined outcome ETF that allocates at least 80% of its net assets to FLEX Options referencing the SPDR S&P 500 ETF Trust (SPY). FLEX Options are exchange-traded contracts that allow customization of terms such as expiration date, strike price, and exercise style. The fund is structured as non-diversified, concentrating exposure on a single underlying benchmark.
As a defined outcome product, PSEP follows a buffer strategy designed to provide a pre-set level of downside protection over a stated outcome period (in this case, resetting each September), typically in exchange for a cap on upside returns. The fund launched in August 2019 and is managed by Innovator ETFs, a firm recognized for popularizing buffered and defined outcome ETFs in the U.S. market.
- S&P 500 volatility surge boosts demand for buffered ETF protection
- Defined outcome ETF category sees record inflows as retail seeks downside hedges
- Rising competition from AllianzIQ and Nationwide compresses expense ratios
As of September 03, 2026, the stock is trading at USD 46.82 with a total of 369,404 shares traded. Over the past week, the price has changed by +0.11%, over one month by +0.60%, over three months by +2.00% and over the past year by +11.29%.
Current recommended Stop Loss: 46.70 (which is 0.3% or 1 ATR below the current price).
Innovator SP500 Power has no consensus analysts rating.