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Innovator Equity Premium Income - Daily PutWrite ETF (SPUT)

Equity Hedged | Exchange Traded Fund | NYSEArca
28.73 USD -0.03 (-0.094%) ⇩ (Aug. 27, 2026, 2:29 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take | Aug. 22, 2026, 5:43 a.m. EDT

The most critical observation is that this instrument is a newly launched synthetic ETF designed solely for income generation via daily put writing, meaning it lacks any historical price trajectory to evaluate long-term business quality or capital appreciation potential. Consequently, the long-term rating remains neutral as there is no multi-year track record to assess structural durability, despite the recent launch headlines. In the short term, the price action shows a tight consolidation around the $28.70 level with minimal volatility, offering no clear directional edge for a momentum play, which aligns with the neutral stance. While the statistical forecast model indicates a high-confidence slight downward drift over the next 45 days, this is typical noise for a synthetic vehicle and does not override the lack of a fundamental thesis. The primary appeal lies in the robust dividend yield of nearly 5%, driven by consistent monthly distributions ranging from roughly $0.06 to $0.20, which provides a steady cash flow stream for investors seeking income rather than capital gains.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.016937
AutoARIMA0.017013
AutoETS0.017119
AutoTheta0.021817

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 70%
H-stat 0.98
Ljung-Box p 0.000
Jarque-Bera p 0.047
Excess Kurtosis 0.50
Attribute Value
Trailing P/E 25.99

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.28% 5.10%
Dividend History
Date Dividend Yield %
2026-07-31 0.079 0.280112
2026-06-30 0.110 0.389656
2026-05-29 0.073 0.254675
2026-04-30 0.111 0.398092
2026-03-31 0.156 0.588901
2026-02-27 0.147 0.541436
2026-01-30 0.082 0.301581
2025-12-31 0.106 0.388421
2025-11-28 0.160 0.586725
2025-10-31 0.133 0.488863
2025-09-30 0.128 0.474057
2025-08-29 0.109 0.411554
2025-07-31 0.129 0.490625
2025-06-30 0.107 0.411349
2025-05-30 0.147 0.581051
2025-04-30 0.195 0.797840
2025-03-31 0.057 0.227001
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 4.96

Info Dump

Attribute Value
All Time High 29.93
All Time Low 22.64
Ask 28.81
Ask Size 100
Average Daily Volume10 Day 900
Average Daily Volume3 Month 2,359
Average Volume 2,359
Average Volume10Days 900
Beta3 Year 0.0
Bid 28.66
Bid Size 500
Category Equity Hedged
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 28.7335
Day Low 28.7335
Dividend Yield 4.96
Eps Trailing Twelve Months 1.1055859
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 28.35108
Fifty Day Average Change 0.3824196
Fifty Day Average Change Percent 0.013488714
Fifty Two Week Change Percent 8.868957
Fifty Two Week High 29.93
Fifty Two Week High Change -1.1965008
Fifty Two Week High Change Percent -0.039976638
Fifty Two Week Low 22.64
Fifty Two Week Low Change 6.0935
Fifty Two Week Low Change Percent 0.26914755
Fifty Two Week Range 22.64 - 29.93
First Trade Date Milliseconds 1,741,959,000,000
Full Exchange Name NYSEArca
Fullday Change -0.0270996
Fullday Change Percent -0.0942248
Fullday Price 28.7335
Fund Family Innovator ETFs
Fund Inception Date 1,741,824,000
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund is an actively managed exchange-traded fund (“ETF”) that, under normal market circumstances, seeks to provide current income while maintaining capital appreciation. It will invest at least 80% of its net assets (including borrowings for investment purposes) in equity securities and financial instruments that give economic exposure to equity securities through a daily put-write options strategy. It is non-diversified.
Long Name Innovator Equity Premium Income - Daily PutWrite ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1888145734
Nav Price 28.6084
Net Assets 16,874,860.0
Net Expense Ratio 0.79
Open 28.68
Phone (215) 979-3750
Previous Close 28.7606
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.0270996
Regular Market Change Percent -0.0942248
Regular Market Day High 28.7335
Regular Market Day Low 28.7335
Regular Market Day Range 28.7335 - 28.7335
Regular Market Open 28.68
Regular Market Previous Close 28.7606
Regular Market Price 28.7335
Regular Market Time 1,787,855,376
Regular Market Volume 62
Short Name Innovator Equity Premium Income
Source Interval 15
Symbol SPUT
Total Assets 16,874,860
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 25.989386
Trailing Peg Ratio None
Trailing Three Month Nav Returns 2.00551
Trailing Three Month Returns 2.00551
Triggerable 1
Two Hundred Day Average 27.663445
Two Hundred Day Average Change 1.070055
Two Hundred Day Average Change Percent 0.03868119
Type Disp ETF
Volume 62
Yield 0.0496
Ytd Return 6.35869