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Innovator U.S. Equity Ultra Buffer ETF - September (USEP)

Defined Outcome | Exchange Traded Fund | Cboe US
41.50 USD -0.08 (-0.181%) ⇩ (July 13, 2026, 1:32 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 5:52 a.m. EDT

This instrument is a specialized leveraged buffer ETF designed for short-term tactical positioning, making it unsuitable for long-term holding. The price history reveals a strong five-year upward trend with four out of five years showing positive gains, yet the recent 14-day price action shows the asset trading flat near its 52-week highs without significant momentum acceleration. While the statistical forecast model indicates a high-confidence slight upward bias for the next 45 days, this is a tertiary signal reflecting short-term noise rather than a fundamental business quality improvement. Crucially, there is no dividend history, which is typical for this type of structured product but results in a zero yield rating. The lack of a multi-year decline penalty is evident given the positive trajectory, but the nature of the security limits its investment horizon to weeks rather than years.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.006243
AutoARIMA0.006303
AutoTheta0.010436
MSTL0.013433

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 74%
H-stat 0.95
Ljung-Box p 0.000
Jarque-Bera p 0.506
Excess Kurtosis -0.51
Attribute Value
Trailing P/E 26.86

Dividend Data

Dividend History
Date Dividend Yield %
2019-11-19 0.163 0.64992
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 0.0

Info Dump

Attribute Value
All Time High 41.575
All Time Low 22.1
Ask 0.0
Ask Size 300
Average Daily Volume10 Day 6,420
Average Daily Volume3 Month 7,075
Average Volume 7,075
Average Volume10Days 6,420
Beta3 Year 0.48
Bid 0.0
Bid Size 500
Category Defined Outcome
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 41.54
Day Low 41.49
Dividend Yield 0.0
Eps Trailing Twelve Months 1.5453287
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 41.04818
Fifty Day Average Change 0.451622
Fifty Day Average Change Percent 0.011002242
Fifty Two Week Change Percent 12.013685
Fifty Two Week High 41.575
Fifty Two Week High Change -0.07519913
Fifty Two Week High Change Percent -0.0018087582
Fifty Two Week Low 36.94
Fifty Two Week Low Change 4.559803
Fifty Two Week Low Change Percent 0.12343809
Fifty Two Week Range 36.94 - 41.575
First Trade Date Milliseconds 1,567,517,400,000
Five Year Average Return 0.080674
Full Exchange Name Cboe US
Fund Family Innovator ETFs
Fund Inception Date 1,567,123,200
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 invests at least 80% of its net assets in FLexible EXchange® Options that reference the SPDR® S&P 500® ETF Trust. FLEX Options are exchange-traded options contracts with uniquely customizable terms. It is non-diversified.
Long Name Innovator U.S. Equity Ultra Buffer ETF - September
Market us_market
Market State PREPRE
Max Age 86,400
Message Board Id finmb_625944951
Nav Price 41.5183
Net Assets 152,084,208.0
Net Expense Ratio 0.79
Open 41.54
Phone (215) 979-3750
Previous Close 41.575
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.0751991
Regular Market Change Percent -0.180876
Regular Market Day High 41.54
Regular Market Day Low 41.49
Regular Market Day Range 41.49 - 41.54
Regular Market Open 41.54
Regular Market Previous Close 41.575
Regular Market Price 41.4998
Regular Market Time 1,783,963,924
Regular Market Volume 3,971
Short Name Innovator U.S. Equity Ultra Buf
Source Interval 15
Symbol USEP
Three Year Average Return 0.12527199
Total Assets 152,084,208
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 26.855
Trailing Peg Ratio None
Trailing Three Month Nav Returns 6.94516
Trailing Three Month Returns 6.94516
Triggerable 1
Two Hundred Day Average 39.657986
Two Hundred Day Average Change 1.841816
Two Hundred Day Average Change Percent 0.046442498
Type Disp ETF
Volume 3,971
Yield 0.0
Ytd Return 5.26322