How much can UNOV still gain?

Nothing more in index terms on Sep 4, 2026. SPY has already passed the cap of +12.0% for this period, which runs from Oct 31, 2025 to Oct 31, 2026.

How far can UNOV fall before the buffer helps?

13.6% in fund-price terms on Sep 4, 2026, by the issuer's figure. In index terms SPY can fall 15.9% from that level before the buffer begins. Losses until that point are the holder's.

How much of the UNOV buffer is left?

30.0% of the 30.0% buffer sat below the SPY level on Sep 4, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer.

When does UNOV reset?

The outcome period ends on Oct 31, 2026, 57 days from the data on Sep 4, 2026. A new cap is set the next day and the buffer starts again.

The prospectus expense ratio is 0.79% a year.

Data as of Sep 4, 2026. Issuer-published figures as of the date shown; ETFIQ calculations marked. Definitions on the learn page.

UNOV · Innovator U.S. Equity Ultra Buffer ETF - Nov

Name: ETFIQ buffer desk record for UNOV
Creator: ETFIQ
License: https://etfiq.com/standards/

Innovator · Buffer desk

Open the live card on ETFIQ

SPY had already risen past this fund's cap of +12.0% for the period on Sep 4, 2026, so in index terms there is no more upside to collect. The fund's own price can still drift up to about 2.0% as the period runs out. The fund's price can fall 13.6% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 15.9% from today's level to the point where the buffer begins. Protection left, in index points: 30.0% of the 30.0% buffer still sits below today's SPY level. 57 days remained on Sep 4, 2026. On Oct 31, 2026 the period ends and a new cap is set.

UNOV (Innovator U.S. Equity Ultra Buffer ETF - Nov), buffer desk fields as of Sep 4, 2026. Source: ETFIQ.
Reference index	SPY
Buffer
Outcome period	Oct 31, 2025 to Oct 31, 2026
Starting cap	+12.0%
SPY return since period start	+12.9%
Fund return since period start	+9.1%
Band state today (ETFIQ)	At cap
Can still gain (issuer, fund price)	2.0%
Fall before buffer (issuer, fund price)	13.6%
Fall to the buffer in index terms (ETFIQ)	15.9%
Protection left in index points (ETFIQ)	30.0% of 30.0%
Days left in period	57
Expense ratio	0.79%

Questions people ask

How much can UNOV still gain?: Nothing more in index terms on Sep 4, 2026. SPY has already passed the cap of +12.0% for this period, which runs from Oct 31, 2025 to Oct 31, 2026.
How far can UNOV fall before the buffer helps?: 13.6% in fund-price terms on Sep 4, 2026, by the issuer's figure. In index terms SPY can fall 15.9% from that level before the buffer begins. Losses until that point are the holder's.
How much of the UNOV buffer is left?: 30.0% of the 30.0% buffer sat below the SPY level on Sep 4, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer.
When does UNOV reset?: The outcome period ends on Oct 31, 2026, 57 days from the data on Sep 4, 2026. A new cap is set the next day and the buffer starts again.
What does UNOV cost?: The prospectus expense ratio is 0.79% a year.

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

Funds near this one

Put this on your own page

The outcome band for UNOV, redrawn every trading night. Free to use with the credit link; paste these two lines into any page or newsletter.

UNOV outcome band, ETFIQ

<a href="https://etfiq.com/funds/UNOV.html"><img src="https://etfiq.com/embed/buffer/UNOV.svg" alt="UNOV outcome band, ETFIQ" width="640"></a>
<p><a href="https://etfiq.com/funds/UNOV.html">UNOV outcome band, updated daily by ETFIQ</a></p>

Cite this page. ETFIQ, UNOV on the buffer desk, data as of Sep 4, 2026. https://etfiq.com/funds/UNOV.html Free to use with attribution; the underlying files are at Open data.

ETFIQ is an independent publisher of exchange-traded fund data. It is not a fund issuer, broker-dealer or investment adviser, and it makes no recommendations; sort orders and figures are stated arithmetic on published data. Standards · How to read this desk