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BSTP
+0.46 · +1.27%
$37.01 · NYSE ARCA

Innovator Buffer Step-Up Strategy ETF (BSTP) ETF Analysis | Defined Outcome

Innovator ETFs · USA
AUM:$58.1M
#– of – in Defined Outcome ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 18.8% over the past year, showing positive momentum.

Cost Efficiency

Ongoing charge of 0.89% — above average for this category.

What is BSTP?

The fund is an actively managed ETF that seeks to provide risk-managed investment exposure to the Underlying ETF. The fund seeks to achieve its investment objective by investing in exchange-traded options contracts with one-year expirations on the Underlying ETF (the "Options Portfolio") and may also invest directly in the Underlying ETF (or the components thereof).

Performance Highlights

Returns (%)
Top Sectors (%)

Investment Breakdown

Strong Recent Performance
BSTP delivered 18.8% over the past year. Historical returns only — past performance is not indicative of future results.
Higher Cost Profile
Expense ratio of 0.89% is above average. Verify whether the strategy justifies the cost.
ETF Information
AUM$58.1M
Expense Ratio0.89%
Dividend Yield0.00%
Holdings1
Inception DateMar 2022
Domicile–
Distribution–
Index–
ProviderInnovator ETFs
Beta0.67
CategoryDefined Outcome
CurrencyUSD
Portfolio Impact

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Example preview
6168
+7 points · better diversified

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Compare Equity
Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+7.8%
1Y
+12.6%
3Y
+47.1%
5Y
+58.7%
OpenBook InsightIf you had invested £10,000 in BSTP 5 years ago, it would have grown to £15,873 — a gain of £5,873.

Annual Returns

Calendar year performance

BSTP delivered positive returns in 4 of the last 5 calendar years.
YearBSTP
2026 YTD+8.3%
2025+11.9%
2024+17.1%
2023+18.5%
2022-5.0%
CAGR 4yr+10.2%
4/5 positive yearsAvg return: +10.2%Worst year: -5.0% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: POSITIVE
Trend Strength
100%
Positive
Volatility
7.0%
Low
Momentum
+2.6%
30-day change
Support Level
39.77
Key floor
Key Insights
  • Price is currently trading above all key moving averages.
  • Price is consolidating, with low momentum over the recent period.
  • Low volatility environment with a narrower recent trading range.
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