ATLASInnovator U.S. Equity Power Buffer ETF - December (PDEC): outlook, holdings and fees
Innovator U.S. Equity Power Buffer ETF - December (PDEC) is an exchange-traded fund and is managed by Innovator ETFs. The expense ratio is 0.79% and the yield is 0.00%. The ten largest holdings are 4% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on PDEC
| Last price | $47.09 (-1.1%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 63% |
| Likely 1-month range (50%) | $46.80 – $47.92 |
| Normal 1-day range (±1σ) | ±0.4% |
| Distribution yield | 0.00% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
PDEC fund facts
| Issuer | Innovator ETFs |
|---|---|
| Theme | Buffered (defined outcome) |
| Assets under management | $998M |
| Expense ratio | 0.79% |
| Number of holdings | 3 |
| Portfolio turnover | 0% |
| Inception | Nov 29, 2019 |
| Exchange | CBOE |
The fund invests under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in investments that provide exposure to the SPDR ® S&P 500 ® ETF Trust (the "Underlying ETF"). FLEX Options are exchange-traded option contracts with uniquely customizable terms. It is non-diversified.
PDEC top holdings
| Holding | Sector | Weight |
|---|---|---|
| Option On Spdr® S&P 500 Etf Trust Nov22 | – | 3.29% |
| Option on S&P 500 PR | – | 0.25% |
| Option on CBOE Mini-Spx Index Xsp | – | 0.04% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
PDEC sector breakdown
| Sector | Weight |
|---|---|
| Technology | 40.9% |
| Financial Services | 11.5% |
| Communication Services | 9.5% |
| Healthcare | 9.2% |
| Consumer Cyclicals | 8.4% |
| Industrials | 7.7% |
| Consumer Defensive | 4.3% |
| Energy | 3.5% |
| Utilities | 1.9% |
| Real Estate | 1.6% |
| Basic Materials | 1.5% |
By region: North America 99.6%, Europe Developed 0.3%.
PDEC returns and risk
| Year to date | +9.7% |
|---|---|
| 1 year | +13.8% |
| 3 years (annualised) | +13.8% |
| 5 years (annualised) | +8.8% |
| 10 years (annualised) | 0.0% |
| Volatility (3 years) | 7.4% |
| Sharpe ratio (3 years) | 1.13 |
Past returns do not guarantee future results.
PDEC: frequently asked questions
What does PDEC invest in?
Innovator U.S. Equity Power Buffer ETF - December invests in a portfolio of securities. Its largest holdings are Option On Spdr® S&P 500 Etf Trust Nov22 (3.3%), Option on S&P 500 PR (0.2%), Option on CBOE Mini-Spx Index Xsp (0.0%).
What is the PDEC expense ratio?
0.79% a year: about $79.00 for every $10,000 invested.
What is the PDEC dividend yield?
0.00%. ATLAS does not hold the exact distribution dates for ETFs.
Will PDEC go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 63%, with a likely range (50%) of $46.80 to $47.92 from $47.09 today. It is a probability, not a prediction.
How has PDEC performed?
Year to date +9.7%, one year +13.8%, three years +13.8% a year, five years +8.8% a year. Past returns do not guarantee future results.
Similar ETFs: Buffered (defined outcome)
- FT Vest Laddered Buffer ETF (BUFR)
- Innovator Defined Wealth Shield ETF (BALT)
- FT Vest Laddered Deep Buffer ETF (BUFD)
- FT Vest Laddered Nasdaq Buffer ETF (BUFQ)
- Innovator U.S. Equity Power Buffer ETF - January (PJAN)
- Innovator U.S. Equity Power Buffer ETF - September (PSEP)
- FT Vest Laddered Moderate Buffer ETF (BUFZ)
- Innovator Laddered Allocation Buffer ETF (BUFF)
Educational information, not investment advice. Disclaimer