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FDRS vs USEP

Founder-Led ETF vs Innovator U.S. Equity Ultra Buffer ETF - September

FDRS

Founder-Led ETF

Annual cost

0.49%

Fund size

$94M

USEP

Innovator U.S. Equity Ultra Buffer ETF - September

Annual cost

0.79%

Fund size

$155M

Key differences

FDRS is an equity ETF, while USEP is an alternative ETF. FDRS charges 0.49% a year and USEP 0.79%.

  • FDRS is an equity fund, while USEP is an alternative fund. They carry different risk/return profiles.
  • FDRS follows a index tracking strategy; USEP uses structured outcome.
  • FDRS costs 0.30% less per year.
  • USEP has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FDRSUSEP
Annual cost (TER)0.49%0.79%
Fund size (AUM)$94M$155M
Since20252019
Dividend yield0.00%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingstructured outcome
CAGR 1YN/A+14.1%
CAGR 3YN/A+13.6%
CAGR 5YN/A+7.9%
Sharpe 3YN/A1.31
Volatility 1Y5.50%
Max drawdown-21.64%-13.37%

Similar to FDRS and USEP