Innovator U.S. Equity Ultra Buffer ETF - September
Symbol: USEP
Exchange: BATS
Sector: Technology
Category: Defined Outcome
Inception date: 30/08/2019
Latest date: 21/07/2026
Current price: $41.59
Expense ratio: 0.79%
Period performance
Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.
Performance metrics
Period total return
0.80%
Ann. -17.70% (Sharpe / Sortino numerator)
Volatility
9.10%
Sharpe ratio
-2.344
VaR 95%
-0.85%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
3.45%
Ann. -4.87% (Sharpe / Sortino numerator)
Volatility
6.84%
Sharpe ratio
-1.242
VaR 95%
-0.76%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
5.31%
Ann. 0.59% (Sharpe / Sortino numerator)
Volatility
6.06%
Sharpe ratio
-0.502
VaR 95%
-0.71%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
11.53%
Ann. 12.19% (Sharpe / Sortino numerator)
Volatility
8.88%
Sharpe ratio
0.964
VaR 95%
-0.75%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
22.46%
Ann. 8.82% (Sharpe / Sortino numerator)
Volatility
7.67%
Sharpe ratio
0.677
VaR 95%
-0.73%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
40.14%
Ann. 12.27% (Sharpe / Sortino numerator)
Volatility
7.37%
Sharpe ratio
1.171
VaR 95%
-0.72%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Daily returns for period 12M
Daily simple returns from the same adjusted closes used by the performance chart: 21/07/2025 - 21/07/2026.
Average daily return
0.044%
Best day
1.467%
Worst day
-1.135%
Days with data
251
Recent price history (last 90 days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 21/07/2026 | $41.48 | $41.59 | $41.48 | $41.59 | 500 |
| 20/07/2026 | $41.50 | $41.51 | $41.48 | $41.48 | 1,600 |
| 17/07/2026 | $41.47 | $41.48 | $41.44 | $41.48 | 29,900 |
| 16/07/2026 | $41.55 | $41.55 | $41.53 | $41.53 | 1,300 |
| 15/07/2026 | $41.58 | $41.59 | $41.52 | $41.59 | 5,500 |
| 14/07/2026 | $41.54 | $41.55 | $41.51 | $41.53 | 5,800 |
| 13/07/2026 | $41.54 | $41.54 | $41.49 | $41.50 | 4,000 |
| 10/07/2026 | $41.56 | $41.58 | $41.54 | $41.58 | 1,200 |
| 09/07/2026 | $41.45 | $41.49 | $41.43 | $41.49 | 4,500 |
| 08/07/2026 | $41.35 | $41.43 | $41.35 | $41.43 | 5,300 |