Innovator U.S. Equity Ultra Buffer ETF - September

Symbol: USEP

Exchange: BATS

Sector: Technology

Category: Defined Outcome

Inception Date: 30/08/2019

Latest Date: 17/04/2026

Current Price: $40.34

Expense Ratio: 0.79%

Assets Under Management
$149.0M
0.26% daily change

Period Performance

Adjusted cumulative ETF performance normalized to the first available adjusted price of the selected period.

Adjusted Return
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Performance Metrics

Return

3.64%

Volatility

9.10%

Sharpe Ratio

-2.344

VaR 95%

-0.85%

CVaR 95%: -0.86%
Max Drawdown: -3.70%
Sortino Ratio: -4.351
Calmar Ratio: -4.78
Return

2.71%

Volatility

6.84%

Sharpe Ratio

-1.242

VaR 95%

-0.76%

CVaR 95%: -0.81%
Max Drawdown: -4.03%
Sortino Ratio: -1.938
Calmar Ratio: -1.21
Return

3.88%

Volatility

6.06%

Sharpe Ratio

-0.502

VaR 95%

-0.71%

CVaR 95%: -0.83%
Max Drawdown: -4.03%
Sortino Ratio: -0.720
Calmar Ratio: 0.15
Return

21.09%

Volatility

8.88%

Sharpe Ratio

0.964

VaR 95%

-0.75%

CVaR 95%: -1.25%
Max Drawdown: -4.03%
Sortino Ratio: 1.182
Calmar Ratio: 3.03
Return

24.42%

Volatility

7.67%

Sharpe Ratio

0.677

VaR 95%

-0.73%

CVaR 95%: -1.13%
Max Drawdown: -9.72%
Sortino Ratio: 0.802
Calmar Ratio: 0.91
Return

45.50%

Volatility

7.37%

Sharpe Ratio

1.171

VaR 95%

-0.72%

CVaR 95%: -1.04%
Max Drawdown: -9.72%
Sortino Ratio: 1.497
Calmar Ratio: 1.26

Daily Returns for Period 12M

Daily simple returns calculated over the official metric window from the same adjusted price series used in the chart: 17/04/2025 - 17/04/2026.

Methodology: adjusted prices + daily simple return
Average Daily Return

0.079%

Best Day

1.938%

12/05/2025
Worst Day

-1.135%

10/10/2025
Days with Data

246

Recent Price History (Last 90 Days)

Date Open High Low Close Volume
17/04/2026 $40.23 $40.34 $40.23 $40.34 3,100
16/04/2026 $40.08 $40.13 $40.06 $40.13 5,900
15/04/2026 $40.05 $40.10 $39.98 $40.10 7,300
14/04/2026 $39.90 $39.99 $39.90 $39.99 14,000
13/04/2026 $39.58 $39.81 $39.58 $39.81 1,400
10/04/2026 $39.61 $39.66 $39.56 $39.60 8,400
02/04/2026 $38.49 $38.89 $38.49 $38.85 2,800
01/04/2026 $38.77 $38.94 $38.77 $38.84 3,500
31/03/2026 $38.38 $38.70 $38.35 $38.67 11,300
30/03/2026 $38.32 $38.32 $38.06 $38.11 2,100