# Innovator U.S. Small Cap Power Buffer ETF - May (KMAY) — Overview

KMAY · BATS · Fund

Canonical page: https://www.lighthorse.io/tickers/kmay

## Price

Last close $29.49 on Oct 15, 2026. 52-week range $27.26 – $30.91.

## Fund profile

The Fund seeks to provide investors with returns that match the price return of the iShares Russell 2000 ETF, up to the upside cap of 18.52% while providing a buffer against the first 15% of iShares Russell 2000 ETF losses, over the period from May 1, 2025 to April 30, 2026.

| Metric | Value |
| --- | --- |
| Issuer | Innovator |
| Industry | — |
| Inception | Apr 30, 2025 |
| Assets under management | $46.9M |
| Expense ratio | 0.79% |
| Net asset value | $29.49 (as of Oct 15, 2026) |
| Distributions | Annually |
| Leverage | 1x |

## Frequently Asked Questions

### What is Innovator U.S. Small Cap Power Buffer ETF - May (KMAY)?

The Fund seeks to provide investors with returns that match the price return of the iShares Russell 2000 ETF, up to the upside cap of 18.52% while providing a buffer against the first 15% of iShares Russell 2000 ETF losses, over the period from May 1, 2025 to April 30, 2026.

### What is KMAY's expense ratio?

Innovator U.S. Small Cap Power Buffer ETF - May charges an annual expense ratio of 0.79%. The fund is issued by Innovator.

### How large is KMAY?

Innovator U.S. Small Cap Power Buffer ETF - May manages $46.9M in assets and has traded since Apr 30, 2025.

### How do I buy shares of Innovator U.S. Small Cap Power Buffer ETF - May (KMAY)?

KMAY trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).