BSTP Innovator Buffer Step-Up Strategy ETF
Quote as of Oct 09, 2026 19:55 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 40.52 | Day Range | 40.59 – 40.74 |
| 52-Week Range | 35.22 – 40.74 | Volume | 502 |
| Avg Volume | 3.52K | AUM | $59.8M (Oct 10, 2026) |
| Expense Ratio | 0.89% | Yield (TTM) | — |
| NAV | 40.54 | Premium/Discount | +0.38% indicative |
| Inception | Mar 08, 2022 | Holdings | 5 |
| Issuer | Innovator | Exchange | AMEX |
| Category | Buffer | Index Tracked | S&P 500 |
| CUSIP | 45783Y731 | ISIN | US45783Y7316 |
| Structure | Buffer / Defined Outcome | ||
| Management | Actively managed (per issuer description) | ||
About this ETF
The Innovator Buffer Step-Up ETF (BSTP) is an actively managed investment vehicle designed to offer exposure to the SPDR S&P 500 ETF Trust (SPY) with a focus on risk management. This streamlined, single-ticker product utilizes a flexible buffer strategy, which is opportunistically managed. The fund undergoes a monthly assessment and is suitable for indefinite holding periods.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +1.62% | +2.78% | +9.44% | +9.59% | +11.54% | +15.05% | — | — | +10.87% |
| Total return | +1.62% | +2.78% | +9.44% | +9.59% | +11.54% | +15.05% | — | — | +10.87% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.89% | Annual cost of a $10,000 investment | $89.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 6 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | SPY 08/31/2027 7.72 C | — | 99.45% | 779 | $59.7M |
| 2 | SPY 08/31/2027 767.1 P | — | 4.24% | 779 | $2.5M |
| 3 | US BANK MMDA - USBGFS 9 09/01/2037 | — | 0.16% | 94.85K | $94.8K |
| 4 | Cash & Other | — | -0.11% | -63.32K | -$63.3K |
| 5 | SPY 08/31/2027 906.65 C | — | -1.30% | -779 | -$782.4K |
| 6 | SPY 08/31/2027 698.06 P | — | -2.43% | -779 | -$1.5M |
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Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | — | Paid (last 12 months) | — |
| Frequency | — | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | — | Last payment | — |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
No distributions in our database for this fund; it may not pay them, or history has not loaded yet.
Risk Statistics
| Volatility 1Y / 3Y | 8.46% / 10.28% | Sharpe 1Y / 3Y | 1.19 / 1.13 |
| Max drawdown 1Y / 3Y | -6.22% / -13.69% | Sortino 1Y | 1.80 |
| Beta vs S&P 500 (3Y) | 0.663 | Correlation vs S&P 500 (1Y) | 0.98 |
| Downside deviation 1Y | 5.58% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 11, 2026. Formulas →
Liquidity
| Volume today | 502 | Average volume | 3.52K |
| AUM | $59.8M | Premium/Discount | +0.38% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | -$161.7K | -0.27% | $60.0M → $59.8M |
| 1 Month | -$81.7K | -0.14% | $59.1M → $59.8M |
| 1 Week | $34.8K | +0.06% | $59.3M → $59.8M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for BSTP
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.