Innovator S&P 500 Ultra Buffer ETF - February (UFEB) Performance
UFEB total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +7.6% since Dec 31, 2025
- 1 year
- +10.1% total return
- 5 years
- +7.3% a year
- Since first price
- +7.3% a year since 2020
UFEB trailing returns vs SPY, QQQ, AGG
| Period | UFEB total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.0% | +0.0% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.5% | +2.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +4.8% | +4.8% | +7.8% | +8.4% | −1.5% |
| YTD | +7.6% | +7.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +10.1% | +10.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +45.3%+13.3%/yr | +45.3% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +42.2%+7.3%/yr | +42.2% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionFeb 3, 2020 | +60.7%+7.3%/yr | +60.7% | — | — | — |
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: UFEB vs SPY
From Feb 3, 2020: UFEB grew to $16,069, SPY to $25,787.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
UFEB returns by calendar year
4 of 5 full years positive. Best 2024 (+12.9%), worst 2022 (−5.8%). 2026 is year to date.
UFEB annual returns table
| Year | UFEB | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +7.6% | −3.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +10.6% | −8.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +12.9% | −3.2% | +24.9% | +25.6% | +1.3% |
| 2023 | +11.9% | −5.3% | +26.2% | +54.9% | +5.7% |
| 2022 | −5.8% | −8.5% | −18.2% | −32.6% | −13.0% |
| 2021 | +7.3% | −1.4% | +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.
UFEB largest drawdowns
Now 0.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2020 | −13.3% | Mar 20, 2020 | Aug 4, 2020 | 30 days | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
UFEB risk statistics
| Statistic | 3 years | 5 years | Since 2020 |
|---|---|---|---|
| Annualized return | +12.8% | +7.5% | +8.0% |
| Volatility (annualized) | 6.1% | 6.3% | 6.6% |
| Sharpe ratio | 1.32 | 0.62 | 0.80 |
| Sortino ratio | 2.69 | 1.00 | 1.29 |
| Best month | +6.6% | +6.6% | +6.6% |
| Worst month | −3.0% | −3.8% | −5.3% |
| Best 12 months | +20.4% | +20.4% | +20.4% |
| Worst 12 months | +5.2% | −6.1% | −6.1% |
| Positive months | 78% | 72% | 73% |
| Beta vs S&P 500 | 0.46 | 0.36 | — |
| Correlation with S&P 500 | 0.94 | 0.88 | — |
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.
UFEB rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 69 | −6.1% | +9.7% | +20.4% | 80% |
| 3-year (a year) | 45 | +3.0% | +6.0% | +13.5% | 100% |
| 5-year (a year) | 21 | +6.2% | +7.1% | +7.8% | 100% |
Every holding period starting at a month-end since 2020. Returns for 3 years and longer are annualized.
UFEB performance overview
Innovator S&P 500 Ultra Buffer ETF - February (UFEB) returned +10.1% over the past year and +7.3% a year over five years, with distributions reinvested. Since its first recorded price in 2020 it has returned +7.3% a year, turning $10,000 into about $16,069. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −13.3%, from Feb 19, 2020 to Mar 20, 2020, and it took 5 months to get back to the old high. UFEB finished 4 of its 5 full calendar years with a gain; the best year was 2024 (+12.9%) and the worst 2022 (−5.8%). Volatility has been 6.6% a year.
Related: UFEB chart. See the UFEB overview for the latest quote and fund facts.
UFEB performance FAQ
What is the UFEB return over the past year?
UFEB returned +10.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 10.1%.
What is the average annual return of UFEB?
UFEB has returned +7.3% a year over 5 years, +7.3% a year since February 3, 2020 (total return, distributions reinvested).
How much would $10,000 invested in UFEB be worth?
$10,000 invested in UFEB at its first recorded close on February 3, 2020 would be worth about $16,069 on October 23, 2026 with distributions reinvested.
What was the worst year for UFEB?
The worst calendar year was 2022, with a total return of −5.8%. The best was 2024 at +12.9%.
What is the biggest drawdown of UFEB?
The largest peak-to-trough decline was −13.3% between February 19, 2020 and March 20, 2020. It recovered to the old high on August 4, 2020, 5 months after the bottom.
How volatile is UFEB?
Over the past 3 years UFEB had an annualized volatility of 6.1% and a Sharpe ratio of 1.32 (excess return over 1–3 month T-bills per unit of risk).