(PDEC) Innovator SP500 Power - Overview

Exchange: BATS • Country: USA • Currency: USD • Type: Etf • ISIN: US45782C5408

Etf: ETF, FLEX, Options, SPDR, S&P500

Total Rating 41
Risk 58
Buy Signal 0.40
Risk 5d forecast
Volatility 7.26%
Relative Tail Risk 3.60%
Reward TTM
Sharpe Ratio 0.70
Alpha 1.47
Character TTM
Beta 0.531
Beta Downside 0.539
Drawdowns 3y
Max DD 10.77%
CAGR/Max DD 1.12

Description: PDEC Innovator SP500 Power January 20, 2026

The Innovator S&P 500 Power Buffer ETF (ticker PDEC) is a U.S.–registered, non-diversified ETF that commits at least 80 % of its net assets (plus any investment-purpose borrowings) to the SPDR S&P 500 ETF Trust, while employing customized FLEX options to provide a defined-outcome buffer strategy.

Key quantitative points (as of the latest filing):
• Expense ratio ≈ 0.71 % (higher than plain-vanilla S&P 500 ETFs due to the options overlay).
• Buffer level ≈ 15 % downside protection with upside participation capped at ~120 % of the index’s return.
• Assets under management ≈ $200 million, indicating modest scale and potential liquidity constraints for large trades.

Macro-driven considerations that affect PDEC’s performance include:
• U.S. equity market breadth – a broad-based rally lifts the underlying S&P 500 exposure.
• Interest-rate environment – higher rates increase the cost of financing the options overlay and can compress equity valuations.
• Volatility regime – elevated VIX levels raise option premiums, which can erode the buffer’s upside capture.

If you want a deeper, data-driven breakdown of PDEC’s risk-return profile, the ValueRay platform offers a transparent analytics dashboard worth exploring.

What is the price of PDEC shares?

As of February 08, 2026, the stock is trading at USD 43.71 with a total of 22,814 shares traded.
Over the past week, the price has changed by +0.07%, over one month by +0.18%, over three months by +3.33% and over the past year by +11.45%.

Is PDEC a buy, sell or hold?

Innovator SP500 Power has no consensus analysts rating.

What are the forecasts/targets for the PDEC price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 48.5 10.9%

PDEC Fundamental Data Overview February 02, 2026

Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 1.04b USD (1.04b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 1.04b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 1.04b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 7.87% (E(1.04b)/V(1.04b) * Re(7.87%) + (debt-free company))
Discount Rate = 7.87% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for PDEC ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle