(PMAY) Innovator SP500 Power - Overview

Exchange: BATS • Country: USA • Currency: USD • Type: Etf • ISIN: US45782C3189

Etf: ETF, S&P, SPDR

Total Rating 36
Risk 73
Buy Signal 1.71
Risk 5d forecast
Volatility 3.31%
Relative Tail Risk -0.39%
Reward TTM
Sharpe Ratio 0.51
Alpha -0.60
Character TTM
Beta 0.521
Beta Downside 0.594
Drawdowns 3y
Max DD 9.43%
CAGR/Max DD 1.21

Description: PMAY Innovator SP500 Power January 11, 2026

The Innovator S&P 500 Power Buffer ETF (PMAY) follows Rule 35d-1 of the 1940 Act, committing at least 80% of its net assets-and any investment-purpose borrowings-to the SPDR S&P 500 ETF Trust, thereby delivering direct exposure to the S&P 500 while employing a buffer-style outcome strategy; the fund is classified as non-diversified under regulatory definitions.

Key metrics and drivers to watch: (1) the fund’s expense ratio is 0.55%, modest relative to peer buffer ETFs; (2) its buffer structure caps downside risk at 15% over a one-year horizon while capping upside participation at 110% of S&P 500 returns, making it sensitive to the market’s volatility regime and the Fed’s interest-rate trajectory; (3) sector allocation mirrors the S&P 500, with technology and health-care comprising roughly 45% of the underlying exposure, so earnings trends in those sectors will materially affect performance.

For a deeper quantitative dive, consider checking ValueRay’s analytical tools to see how PMAY’s risk-adjusted returns compare across similar outcome-oriented ETFs.

What is the price of PMAY shares?

As of February 07, 2026, the stock is trading at USD 39.84 with a total of 11,637 shares traded.
Over the past week, the price has changed by +0.08%, over one month by +0.38%, over three months by +2.39% and over the past year by +9.42%.

Is PMAY a buy, sell or hold?

Innovator SP500 Power has no consensus analysts rating.

What are the forecasts/targets for the PMAY price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 43.5 9.1%

PMAY Fundamental Data Overview February 04, 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 = 603.4m USD (603.4m + (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 603.4m)
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 603.4m / 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 = 7.83% (E(603.4m)/V(603.4m) * Re(7.83%) + (debt-free company))
Discount Rate = 7.83% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for PMAY ETF

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