(PSEP) Innovator SP500 Power - Overview
Etf: FLEX, S&P-500, Options, ETF-Tracking
| Risk 5d forecast | |
|---|---|
| Volatility | 6.00% |
| Relative Tail Risk | -0.30% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.66 |
| Alpha | 0.90 |
| Character TTM | |
|---|---|
| Beta | 0.496 |
| Beta Downside | 0.521 |
| Drawdowns 3y | |
|---|---|
| Max DD | 9.92% |
| CAGR/Max DD | 1.29 |
Description: PSEP Innovator SP500 Power December 25, 2025
The Innovator S&P 500 Power Buffer ETF (BATS:PSEP) is a U.S.–based defined-outcome ETF that allocates at least 80 % of its net assets to Flexible Exchange® (FLEX) options tied to the SPDR S&P 500 ETF (SPY). These exchange-traded options have customizable strike, expiration, and payoff structures, allowing the fund to embed a downside buffer while capping upside participation. Because the strategy concentrates on a single underlying, the fund is classified as non-diversified.
Key quantitative points (as of the most recent filing) include an expense ratio of 0.85 % and a buffer designed to protect against the first 15 % of losses in the SPY over a 12-month horizon, after which any gains are capped at 100 % of the index’s upside. The fund’s performance is therefore highly sensitive to two macro drivers: (1) S&P 500 volatility, often measured by the VIX, which influences the cost of purchasing the protective FLEX options, and (2) the Fed’s interest-rate policy, which affects equity valuations and option pricing. Sector exposure mirrors the S&P 500, with technology and consumer discretionary typically representing the largest weightings, so sector-specific shocks (e.g., semiconductor supply constraints) can materially affect outcomes.
If you want a deeper, data-driven view of how PSEP’s buffer mechanics compare to alternative defined-outcome products, a quick look at ValueRay’s analytical dashboard can be a useful next step.
What is the price of PSEP shares?
Over the past week, the price has changed by -0.50%, over one month by +0.09%, over three months by +1.87% and over the past year by +10.58%.
Is PSEP a buy, sell or hold?
What are the forecasts/targets for the PSEP price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 48.9 | 11.5% |
PSEP Fundamental Data Overview February 02, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 889.1m USD (889.1m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 889.1m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 889.1m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 7.74% (E(889.1m)/V(889.1m) * Re(7.74%) + (debt-free company))
Discount Rate = 7.74% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)