# NMAY (Innovator Growth-100 Power Buffer ETF - May)

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

As of Sep 11, 2026, NMAY sits between its buffer and its cap, with QQQ up 7.1% since the period began.

## Key facts

- NMAY, can still gain: 10.9%, as of Sep 11, 2026.
- NMAY, fall before the buffer: 4.6%, as of Sep 11, 2026.
- NMAY, protection left, index points: 15.0%, as of Sep 11, 2026.
- NMAY, days to reset: 231, as of Sep 11, 2026.
- NMAY, net assets: $59m (issuer page, as of Sep 11, 2026).
- NMAY, expense ratio: 0.79% (issuer page, Sep 11, 2026).

## NMAY over each window to Sep 11, 2026

| Window | Total return | QQQ | Gap to QQQ |
| --- | --- | --- | --- |
| 3 months | +1.8% | −0.8% | +2.6 pts |
| 6 months | +6.6% | +20.7% | −14.1 pts |
| 1 year | +9.9% | +23.0% | −13.1 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Reference index | QQQ | ETFIQ |
| Buffer | 15% | ETFIQ |
| Outcome period | Apr 30, 2026 to Apr 30, 2027 | ETFIQ |
| Starting cap | +16.2% | ETFIQ |
| QQQ return since period start | +7.1% | ETFIQ |
| Fund return since period start | +4.5% | ETFIQ |
| Net assets | $59m | issuer page, as of Sep 11, 2026 |
| Band state today | Open | ETFIQ |
| Can still gain | 10.9% | issuer, fund price |
| Fall before buffer | 4.6% | issuer, fund price |
| Fall to the buffer in index terms | 6.6% | ETFIQ |
| Protection left in index points | 15.0% of 15.0% | ETFIQ |
| Days left in period | 231 | ETFIQ |
| Expense ratio | 0.79% | issuer page, Sep 11, 2026 |

## Questions

### How much can NMAY still gain?

About 10.9% 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 +16.2%.

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

4.6% in fund-price terms on Sep 11, 2026, by the issuer's figure. In index terms QQQ can fall 6.6% from that level before the buffer begins. Losses until that point are the holder's.

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

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

### When does NMAY reset?

The outcome period ends on Apr 30, 2027, 231 days from the data on Sep 11, 2026. A new cap is set the next day and the buffer starts again.

### What does NMAY cost?

The prospectus expense ratio is 0.79% a year.


## Cite this page

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

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