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KAUG vs BKLN

Innovator U.S. Small Cap Power Buffer ETF - August vs Invesco Senior Loan ETF

KAUG

Innovator U.S. Small Cap Power Buffer ETF - August

Annual cost

0.79%

Fund size

$75M

BKLN

Invesco Senior Loan ETF

Annual cost

0.65%

Fund size

$7.2B

Key differences

KAUG is an alternative ETF, while BKLN is a fixed income ETF. KAUG charges 0.79% a year and BKLN 0.65%.

  • KAUG is an alternative fund, while BKLN is a fixed income fund. They carry different risk/return profiles.
  • KAUG follows a structured outcome strategy; BKLN uses index tracking.
  • BKLN costs 0.14% less per year.
  • BKLN is much larger than KAUG. Larger funds are usually more liquid and less likely to close.
  • BKLN has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

KAUGBKLN
Annual cost (TER)0.79%0.65%
Fund size (AUM)$75M$7.2B
Since20242011
Dividend yield0.00%6.61%
Asset classalternativefixed income
Regionnorth americanorth america
Strategystructured outcomeindex tracking
CAGR 1Y+15.5%+4.5%
CAGR 3YN/A+7.9%
CAGR 5YN/A+5.1%
Sharpe 3YN/A1.30
Volatility 1Y8.03%2.76%
Max drawdown-15.66%-24.17%

Similar to KAUG and BKLN