Innovator S&P 500 Power Buffer ETF - March (PMAR) Performance
PMAR total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +8.9% since Dec 31, 2025
- 1 year
- +11.0% total return
- 5 years
- +9.4% a year
- Since first price
- +9.6% a year since 2020
PMAR trailing returns vs SPY, QQQ, AGG
| Period | PMAR total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.1% | −0.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.5% | +2.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +5.0% | +5.0% | +7.8% | +8.4% | −1.5% |
| YTD | +8.9% | +8.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +11.0% | +11.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +47.1%+13.7%/yr | +47.1% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +56.8%+9.4%/yr | +56.8% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionMar 2, 2020 | +83.5%+9.6%/yr | +83.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: PMAR vs SPY
From Mar 2, 2020: PMAR grew to $18,346, SPY to $27,041.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
PMAR returns by calendar year
4 of 5 full years positive. Best 2023 (+16.0%), worst 2022 (−2.6%). 2026 is year to date.
PMAR annual returns table
| Year | PMAR | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +8.9% | −4.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +11.8% | −9.3% | +17.7% | +20.8% | +7.2% |
| 2024 | +12.8% | −4.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +16.0% | −4.3% | +26.2% | +54.9% | +5.7% |
| 2022 | −2.6% | −10.8% | −18.2% | −32.6% | −13.0% |
| 2021 | +11.0% | −1.7% | +28.7% | +27.4% | −1.8% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
PMAR largest drawdowns
Now 0.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 4, 2020 | −17.2% | Mar 20, 2020 | Jun 3, 2020 | 16 days | 3 months |
| Mar 29, 2022 | −10.8% | Jun 16, 2022 | May 17, 2023 | 3 months | 1.1 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
PMAR risk statistics
| Statistic | 3 years | 5 years | Since 2020 |
|---|---|---|---|
| Annualized return | +13.5% | +9.8% | +11.6% |
| Volatility (annualized) | 5.8% | 7.2% | 7.1% |
| Sharpe ratio | 1.47 | 0.86 | 1.20 |
| Sortino ratio | 3.01 | 1.36 | 2.15 |
| Best month | +5.6% | +5.6% | +7.6% |
| Worst month | −2.6% | −4.6% | −4.6% |
| Best 12 months | +18.3% | +18.3% | +22.8% |
| Worst 12 months | +8.5% | −5.1% | −5.1% |
| Positive months | 83% | 77% | 78% |
| Beta vs S&P 500 | 0.44 | 0.43 | — |
| Correlation with S&P 500 | 0.94 | 0.94 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
PMAR rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 68 | −5.1% | +11.7% | +22.8% | 87% |
| 3-year (a year) | 44 | +6.3% | +8.8% | +14.7% | 100% |
| 5-year (a year) | 20 | +8.6% | +9.5% | +10.7% | 100% |
Every holding period starting at a month-end since 2020. Returns for 3 years and longer are annualized.
PMAR performance overview
Innovator S&P 500 Power Buffer ETF - March (PMAR) returned +11.0% over the past year and +9.4% a year over five years, with distributions reinvested. Since its first recorded price in 2020 it has returned +9.6% a year, turning $10,000 into about $18,346. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −17.2%, from Mar 4, 2020 to Mar 20, 2020, and it took 2 months to get back to the old high. PMAR finished 4 of its 5 full calendar years with a gain; the best year was 2023 (+16.0%) and the worst 2022 (−2.6%). Volatility has been 7.1% a year.
Related: PMAR chart. See the PMAR overview for the latest quote and fund facts.
PMAR performance FAQ
What is the PMAR return over the past year?
PMAR returned +11.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 11.0%.
What is the average annual return of PMAR?
PMAR has returned +9.4% a year over 5 years, +9.6% a year since March 2, 2020 (total return, distributions reinvested).
How much would $10,000 invested in PMAR be worth?
$10,000 invested in PMAR at its first recorded close on March 2, 2020 would be worth about $18,346 on October 23, 2026 with distributions reinvested.
What was the worst year for PMAR?
The worst calendar year was 2022, with a total return of −2.6%. The best was 2023 at +16.0%.
What is the biggest drawdown of PMAR?
The largest peak-to-trough decline was −17.2% between March 4, 2020 and March 20, 2020. It recovered to the old high on June 3, 2020, 2 months after the bottom.
How volatile is PMAR?
Over the past 3 years PMAR had an annualized volatility of 5.8% and a Sharpe ratio of 1.47 (excess return over 1–3 month T-bills per unit of risk).