Defined Outcome · NYSE ARCA · USD · Data as of 2026-07-30
AUM
$59.93M
Expense ratio
0.89%
Yield
0.00%
YTD return
+5.85%
Last price
$38.84
Active · Coverage 63% · medium
Today
39.2
Outlook
44.9
Block A (composite-derived)
44.2
Block C (market behavior)
33.4
Today overlay (Block D)
0.0
Outlook overlay (Block D)
0.0
today_score = clip(0,100, 50 + 0.15·(A−50) + 0.60·(C−50) + D_today). Block B (holdings rollup) is in Phase 3 development; β=0 caps the natural range at ~12.5–87.5 in Preview v0.9. Formula version tide-etf-v1.0.0.
44.2
Coverage 63% · medium
Liquidity
49.8
Expenses
45.0
Performance
55.0
Volatility
46.7
Dividend
14.9
Concentration
—
Smart Money
—
Activist
—
Formula version composite-v1.0.0. Axes hover to see why a sub-score is missing.
Innovator Buffer Step-Up Strategy ETF (BSTP) is an exchange-traded fund from Innovator ETFs in the Mixed asset class. Launched in 2022. Assets under management: 58,390,992.
Bullish Whales composite rating: 44 out of 100. Evidence coverage 63% across 5 of 8 axes. Strongest axes: performance, liquidity, volatility.
Annualized one-year realized volatility 8%, classified low. Weakest axes: dividend, expenses.
etf_composite_score_current · composite_score, confidence, coverage_pct, dividend_score, expenses_score, liquidity_score, performance_score, volatility_scoreetf_universe · asset_class, aum_usd, fund_type, inception_date, issuer, name, ticker, volatility_1yThe Innovator Buffer Step-Up Strategy ETF is a unique type of exchange-traded fund that is designed to offer investors a strategic approach to market participation with built-in downside protection. Its primary function is to track a specific index or asset category while providing a buffer against market losses, thus appealing to investors who seek to mitigate risks in volatile markets. This ETF employs a defined outcome investment strategy, where the potential losses are cushioned up to a predetermined level, enhancing investor confidence when navigating unpredictable market conditions. This type of ETF is particularly significant for sectors or individuals who prefer more conservative investment approaches, balancing their need for exposure to equities with protective measures. The Innovator Buffer Step-Up Strategy ETF can play an essential role in financial portfolios by offering both growth potential and risk management in one structured product. By cushioning downside risks, it helps investors maintain market exposure without bearing the full brunt of negative market movements, making it a valuable tool for those looking to participate in equity markets with a level of defensive positioning.
30-day change
-$228.0K
90-day change
—
Current AUM: $59,934,188. AUM change is computed from rolling daily fundamentals snapshots; it reflects total net-asset deltas (creations/redemptions + market value moves), not pure share creations.
Fund documents (fact sheets, prospectuses, semi-annual reports) for BSTP are coming soon. The BW fund-document archive will surface PDFs alongside a metadata index for searchability.