Innovator U.S. Equity Power Buffer ETF - November (PNOV)
| Assets | $857.18M |
| Expense Ratio | 0.79% |
| PE Ratio | 23.06 |
| Forward PE | 18.57 |
| Shares Out | 19.10M |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 56,995 |
| Open | 45.25 |
| Previous Close | 45.01 |
| Day's Range | 45.25 - 45.52 |
| 52-Week Low | 40.09 |
| 52-Week High | 46.39 |
| Beta | 0.52 |
| Holdings | 505 |
| Inception Date | Nov 1, 2019 |
About PNOV
Fund Home PageThe Innovator U.S. Equity Power Buffer ETF - November (PNOV) is an exchange-traded fund that mostly invests in downside hedge alternatives. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. PNOV was launched on Nov 1, 2019 and is issued by Innovator.
Top 10 Holdings
41.87% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 7.67% |
| NVIDIA Corporation | NVDA | 6.94% |
| Option on State Street® SPDR® S&P 500® ETF | n/a | 6.78% |
| Microsoft Corporation | MSFT | 6.05% |
| Amazon.com, Inc. | AMZN | 3.91% |
| Alphabet Inc. | GOOGL | 2.57% |
| Broadcom Inc. | AVGO | 2.15% |
| Alphabet Inc. | GOOG | 2.07% |
| Meta Platforms, Inc. | META | 2.07% |
| Eli Lilly and Company | LLY | 1.66% |
Performance
PNOV had a total return of 9.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.36%.
News
Time for a buffer? Defined outcome strategies in a down market
Safeguarding against downside risks remains an evergreen strategy for investors this year, with ETFs that offer a "buffer" increasingly in demand.
How buffer ETFs provide downside protection, according to Innovator ETF's Graham Day
CNBC's Bob Pisani and Graham Day, Innovator ETFs CIO, join 'Halftime Report' to discuss buffer and barrier ETFs, downside risk management strategies, and pros and cons of buffer ETF's.