Skip to Content

Innovator U.S. Equity Power Buffer ETF - March

PMAR
$
Today’s Change
()

Snapshot
*

Inception Date
Mar 2, 2020
Expense Ratio
0.79%
Type
US Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$1,068,008
AUM
$401,395,499
Associated Index
S&P 500 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

SPY 02/29/2024 3.96 C
100.5%
SPY 02/29/2024 396.26 P
1.51%
Cash & Other
0.19%
SPY 02/29/2024 336.82 P
-0.47%
SPY 02/29/2024 459.54 C
-1.74%

What is PMAR?

The Innovator S&P 500 Power Buffer ETF seeks to track the return of the S&P 500 Price Return Index, up to a predetermined cap, while buffering investors against the first 15% of losses over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually.

1M
3M
6M
YTD
1Y
3Y
Max

PMAR
Performance Measures**

for the time period Mar 2, 2020 to Dec 4, 2025

Returns

1M Trailing Return: 1.0%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 2.6%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -17.2%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 11.0%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.87

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.54

The annualized return divided by the max drawdown for the selected time period.

ETFs related toPMAR

ETFs correlated to PMAR include LGRO, GAUG, GJUL

PMAR
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - March
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July
FFEB
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - February
AUGW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Aug ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
GJUN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - June
PAPR
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - April
XLSR
SSgA Active Trust - SPDR SSGA U.S. Sector Rotation ETF
DECZ
Listed Funds Trust - TrueShares Structured Outcome (December) ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

PMAR is a US Equities ETF. The Innovator S&P 500 Power Buffer ETF seeks to track the return of the S&P 500 Price Return Index, up to a predetermined cap, while buffering investors against the first 15% of losses over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually.

PMAR tracks the S&P 500 Index.

No, PMAR is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, PMAR is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on PMAR is 0.0007%. This is the percent change in the value of PMAR over the most recent 1-month period. The 3-month return on PMAR is 0.0095%. This is the percent change in the value of PMAR over the most recent 3-month period.

The standard deviation of PMAR for the past year is 0.0763%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to PMAR include SSO, IVV, and UPRO.

ETFs correlated to PMAR include LGRO, GAUG, and GJUL.

ETFs that are inversely correlated to PMAR include SH, SDS, and SPXS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.