ZMAY Innovator Equity Defined Protection ETF - 1 Yr May
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Since Apr 30, 2026, ZMAY returned 2.8%, against SPY's 7.4% price return. It can gain 4.0% more before its cap.
Promise check: Not measuredNo outcome period of its has finished in ETFIQ's record (snapshots from Sep 4, 2026).
ZMAY risk and return scorecard
vs SPY · May 2025 to Oct 2026 · 76 weekly returns · dividend-adjusted
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data
Money in and out
Net fund flows · Oct 26, 2026What you earned
Where does it stand in this outcome period?
Outcome period Apr 30, 2026 to Apr 30, 2027More on ZMAY
Every number below is on this page. Open what you need.Price, 1 year
$26.49+0.1%1 day, priceClose, Oct 28, 2026
Price only. No distribution was paid over these days, so total return is the same. Computed by ETFIQ from Tiingo daily prices.
Source: Tiingo end-of-day prices. Data as of Oct 28, 2026. Updated every trading night. Report a data error
Points (pts) are percentage points.
| Window | Total return | SPY price return | Gap to SPY |
|---|---|---|---|
| 1M Sep 28 – Oct 28, 2026 | +0.6% | +0.9% | −0.3 pts |
| 3M Jul 29 – Oct 28, 2026 | +2.2% | +5.9% | −3.7 pts |
| 6M Apr 29 – Oct 28, 2026 | +2.6% | +8.5% | −5.9 pts |
| YTD Dec 31, 2025 – Oct 28, 2026 | +4.2% | +13.3% | −9.1 pts |
| 1Y Oct 28, 2025 – Oct 28, 2026 | +5.1% | +12.4% | −7.3 pts |
| Since launch May 1, 2025 – Oct 28, 2026 | +9.0% | +38.3% | −29.3 pts |
| Since launch, annualised May 1, 2025 – Oct 28, 2026 | +6.0% | – | – |
Total returns, distributions reinvested. SPY's column is its price return, dividends left out: the basis the outcome period uses. Listed May 2025: no 3 years windows.
Source: Tiingo end-of-day prices, with distributions reinvested.
ZMAY: reference +7.4% since period start, fund +2.8%; buffer Floor; cap +7.3%; At its cap. Data to Oct 28, 2026.
Money in and out
Daily data · as of Oct 26, 2026ZMAY: in the 12 trading days to Oct 26, 2026, net $661k came in.
Oct 21, 2026 to Oct 26, 2026
Aug 1, 2025 to Jul 31, 2026
monthly, from SEC filings
monthly, from SEC filings
ZMAY, net flow each trading day over the 64 sessions from Jul 28, 2026 to Oct 26, 2026: money came in on 1 day and went out on 0 days, of the 12 days with daily data; the other 52 have none. Before Oct 6, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.
In on 1 day, out on 0. 52 days missing.
ZMAY, net flow each trading day over the 250 sessions from Oct 28, 2025 to Oct 26, 2026: money came in on 1 day and went out on 0 days, of the 12 days with daily data; the other 238 have none. Before Oct 6, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.
In on 1 day, out on 0. 238 days missing.
ZMAY, net flow each trading day over the 400 sessions from Mar 25, 2025 to Oct 26, 2026: money came in on 1 day and went out on 0 days, of the 12 days with daily data; the other 388 have none. Before Oct 6, 2026 ETFIQ has the fund’s monthly data only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.
In on 1 day, out on 0. 388 days missing.
Daily data starts Oct 9, 2026.
How this is computed
Computed by ETFIQ from Innovator’s daily data: each day’s change in shares outstanding times the previous day’s net asset value. Percentages are of net assets at the start of each window. Numbers are net: money in less money out. Every day and month ETFIQ holds for ZMAY, back to May 2025, is in its flows file. Flows across every fund · How these flows are computed · Compare ZMAY with other funds in the flows tool
Every trading day, last 3 months12 days
Most recent first.
Week by week, last year4 weeks
Net flow into ZMAY each week, Oct 9, 2026 to Oct 26, 2026, most recent first, each week named by its last trading day with data. Computed by ETFIQ.
Month by month, money in and money outMay 2025 to Oct 2026
ZMAY, money in and money out each month from May 2025 to Jul 2026: two bars a month, money in above the line and money out below. Every bar is from ZMAY’s SEC filings (N-PORT item B.6). Oct 2026 is still in progress, so it is in the list and not drawn. Of the 16 months listed, money came in on net in 4 and went out in 8.
Every bar is from ZMAY’s SEC filings (N-PORT item B.6). Of the 16 months listed, money came in on net in 4 and went out in 8.
Most recent first.
How this is computed
N-PORT months: money in is sales plus reinvestments; money out is redemptions. Months summed from daily data: money in adds the days money came in; money out adds the days it went out.
N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.
Source: ETFIQ, from the fund’s daily share counts and net asset values, and its SEC N-PORT filings. Data as of Oct 26, 2026. Last checked Oct 29, 2026.
ZMAY key stats
Trading
as of Oct 28, 2026
About ZMAY
How we measure
12 seats on ZMAY, as of Oct 28, 2026: 2 Challenges, 7 Not enough data, 3 Does not apply.
Questions people ask about ZMAY
- How much can ZMAY still gain?
- Nothing more in index terms on Oct 28, 2026. SPY has already passed the cap of +7.3% for this period, which runs from Apr 30, 2026 to Apr 30, 2027.
- How far can ZMAY fall before the buffer helps?
- 3.1% in fund-price terms on Oct 28, 2026, by the issuer's number. In index terms SPY can fall 6.9% from that level before the buffer begins. Losses until that point are the holder's.
- How much of the ZMAY buffer is left?
- 100.0% of the 100.0% buffer sat below the SPY level on Oct 28, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer.
- When does ZMAY reset?
- The outcome period ends on Apr 30, 2027, 184 days from the data on Oct 28, 2026. A new cap is set the next day and the buffer starts again.
- What does ZMAY cost?
- The prospectus expense ratio is 0.79% a year.
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Cite this pageCitation, APA and Markdown
ETFIQ, ZMAY, buffer ETFs, data as of Oct 28, 2026. https://etfiq.com/funds/zmay
ETFIQ. (Oct 28, 2026). ZMAY, buffer ETFs. Retrieved from https://etfiq.com/funds/zmay
[ZMAY, buffer ETFs (ETFIQ, Oct 28, 2026)](https://etfiq.com/funds/zmay)
The outcome band for ZMAY, redrawn every trading night.
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.
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<figure style="margin:0;max-width:640px">
<a href="https://etfiq.com/funds/zmay"><img src="https://etfiq.com/assistant/api/embed/buffer/zmay.svg" alt="ZMAY: ZMAY: reference +7.4% since period start, fund +2.8%; buffer Floor; cap +7.3%; At its cap. Data to Oct 28, 2026." width="640" style="max-width:100%;height:auto"></a>
<figcaption style="font:13px/1.5 sans-serif">ZMAY: ZMAY: reference +7.4% since period start, fund +2.8%; buffer Floor; cap +7.3%; At its cap. Data to Oct 28, 2026. Data: <a href="https://etfiq.com/funds/zmay">ETFIQ</a></figcaption>
</figure>The day's ETF flows, a comparison and one number. Every trading morning. About the Daily
Snapshot, Oct 28, 2026. More on the tabs above.