Innovator U.S. Equity Ultra Buffer ETF - September

1D
1W
1M
3M
YTD
1Y
5Y
ALL

Why Robinhood?

Robinhood gives you the tools you need to put your money in motion. You can buy or sell USEP and other ETFs, options, and stocks.

About USEP

USEP 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. 

Index-Tracked
Index-Tracked
Category
Defined Outcome
CategoryDefined Outcome
Number of holdings
6
Number of holdings6
Inception Date
Aug 30, 2019
Inception DateAug 30, 2019

What's in this fund

Sectors

As of June 27, 2025
Technology34.21%
Financial Services13.61%
Consumer Cyclical10.68%
Communication Services9.81%
Healthcare9.33%
Industrials7.75%
Consumer Defensive5.50%
Energy3.01%
Utilities2.39%
Real Estate2.04%
Basic Materials1.67%

Top Holdings (101.15% of total assets)

As of June 27, 2025
NameSymbol% Assets
Option on SPDR® S&P 500® ETF Trust—99.34%
Option on SPDR® S&P 500® ETF Trust—1.44%
Option on SPDR® S&P 500® ETF Trust—0.33%
Option on SPDR® S&P 500® ETF Trust—0.04%

USEP Key Statistics

AUM
131.35M
AUM131.35M
Price-Earnings ratio
—
Price-Earnings ratio—
30-Day yield
-0.76
30-Day yield-0.76
Average volume
6.19K
Average volume6.19K
High today
$36.89
High today$36.89
Low today
$36.78
Low today$36.78
Open price
$36.79
Open price$36.79
Volume
35.46K
Volume35.46K
52 Week high
$36.90
52 Week high$36.90
52 Week low
$32.42
52 Week low$32.42
Expense ratio
0.79
Expense ratio0.79
View Prospectus and Reports

Average Annual Return

All investments involve risks, including the loss of principal. Performance data represents past performance and is no guarantee of future results. Investment returns and principal value will fluctuate and are subject to market volatility. An investment, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted.