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PSTP
+1.07 · +3.12%
$35.48 · NYSE ARCA

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

Innovator ETFs · USA
AUM:$127.2M
#– 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 9.8% over the past year, showing positive momentum.

Cost Efficiency

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

What is PSTP?

The fund is an actively managed ETF that seeks to provide risk-managed investment exposure to the SPDR® S&P 500® ETF Trust (the "Underlying ETF"). The underlying ETF is an exchange-traded unit investment trust that uses a full replication strategy, meaning it invests entirely in the S&P 500® Index.

Performance Highlights

Returns (%)
Top Sectors (%)

Investment Breakdown

Positive 1-Year Return
PSTP returned 9.8% 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$127.2M
Expense Ratio0.89%
Dividend Yield0.00%
Holdings1
Inception DateMar 2022
Domicile–
Distribution–
Index–
ProviderInnovator ETFs
Beta0.50
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
+5.6%
1Y
+8.9%
3Y
+37.0%
5Y
+46.7%
OpenBook InsightIf you had invested £10,000 in PSTP 5 years ago, it would have grown to £14,673 — a gain of £4,673.

Annual Returns

Calendar year performance

PSTP delivered positive returns in 4 of the last 5 calendar years.
YearPSTP
2026 YTD+5.9%
2025+10.5%
2024+13.8%
2023+13.7%
2022-2.8%
CAGR 4yr+8.6%
4/5 positive yearsAvg return: +8.2%Worst year: -2.8% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: POSITIVE
Trend Strength
100%
Positive
Volatility
5.0%
Low
Momentum
+2.0%
30-day change
Support Level
37.13
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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