# KSEP (Innovator U.S. Small Cap Power Buffer ETF - Sep)

Innovator · Buffer ETFs · data as of Sep 11, 2026

As of Sep 11, 2026, KSEP's buffer is absorbing losses, with 13.3% of 15.0% points still beneath IWM.

## Key facts

- KSEP, can still gain: 18.8%, as of Sep 11, 2026.
- KSEP, fall before the buffer: 0.0%, as of Sep 11, 2026.
- KSEP, protection left, index points: 13.3%, as of Sep 11, 2026.
- KSEP, days to reset: 354, as of Sep 11, 2026.
- KSEP, net assets: $33m (issuer page, as of Sep 11, 2026).
- KSEP, expense ratio: 0.79% (issuer page, Sep 11, 2026).

## KSEP over each window to Sep 11, 2026

| Window | Total return | IWM | Gap to IWM |
| --- | --- | --- | --- |
| 3 months | +1.9% | −1.1% | +3.0 pts |
| 6 months | +11.0% | +17.6% | −6.6 pts |
| 1 year | +14.0% | +21.2% | −7.2 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Reference index | IWM | ETFIQ |
| Buffer | 15% | ETFIQ |
| Outcome period | Aug 31, 2026 to Aug 31, 2027 | ETFIQ |
| Starting cap | +18.3% | ETFIQ |
| IWM return since period start | −1.7% | ETFIQ |
| Fund return since period start | −0.5% | ETFIQ |
| Net assets | $33m | issuer page, as of Sep 11, 2026 |
| Band state today | Buffer working | ETFIQ |
| Can still gain | 18.8% | issuer, fund price |
| Fall before buffer | 0.0% | issuer, fund price |
| Fall to the buffer in index terms | 0.0% | ETFIQ |
| Protection left in index points | 13.3% of 15.0% | ETFIQ |
| Days left in period | 354 | ETFIQ |
| Expense ratio | 0.79% | issuer page, Sep 11, 2026 |

## Questions

### How much can KSEP still gain?

About 18.8% from its price on Sep 11, 2026, before it reaches its cap, by the issuer's published figure. The cap for the period was set at +18.3%.

### How far can KSEP fall before the buffer helps?

0.0% in fund-price terms on Sep 11, 2026, by the issuer's figure. In index terms IWM can fall 0.0% from that level before the buffer begins. Losses until that point are the holder's.

### How much of the KSEP buffer is left?

13.3% of the 15.0% buffer sat below the IWM level on Sep 11, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer.

### When does KSEP reset?

The outcome period ends on Aug 31, 2027, 354 days from the data on Sep 11, 2026. A new cap is set the next day and the buffer starts again.

### What does KSEP cost?

The prospectus expense ratio is 0.79% a year.


## Cite this page

ETFIQ, KSEP, data as of Sep 11, 2026. https://etfiq.com/funds/ksep
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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