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KAUG vs ISMD

Innovator U.S. Small Cap Power Buffer ETF - August vs Inspire Small/Mid Cap ETF

KAUG

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

Innovator ETFs

Annual cost

0.79%

Fund size

$80M

ISMD

Inspire Small/Mid Cap ETF

Inspire

Annual cost

0.53%

Fund size

$292M

Key differences

  • ISMD costs 0.26% less per year.
  • ISMD is significantly larger than KAUG — larger funds tend to be more liquid and less likely to close.
  • KAUG is classified as alternative, while ISMD is equity — different risk/return profiles.
  • KAUG follows a structured outcome strategy; ISMD uses index tracking.
  • ISMD has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

KAUGISMD
Annual cost (TER)0.79%0.53%
Fund size (AUM)$80M$292M
Since20242017
Dividend yield0.00%0.99%
Asset classalternativeequity
Regionnorth americanorth america
Strategystructured outcomeindex tracking
CAGR 1Y+17.0%+42.0%
CAGR 3YN/A+17.6%
CAGR 5YN/A+8.5%
Sharpe 3YN/A0.74
Volatility 1Y8.09%18.68%
Max drawdown-15.66%-43.58%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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