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KAUG vs PWB

Innovator U.S. Small Cap Power Buffer ETF - August vs Invesco Dynamic Large Cap Growth ETF

KAUG

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

Innovator ETFs

Annual cost

0.79%

Fund size

$80M

PWB

Invesco Dynamic Large Cap Growth ETF

Invesco

Annual cost

0.55%

Fund size

$1.9B

Key differences

  • PWB costs 0.24% less per year.
  • PWB is significantly larger than KAUG — larger funds tend to be more liquid and less likely to close.
  • KAUG is classified as alternative, while PWB is equity — different risk/return profiles.
  • KAUG follows a structured outcome strategy; PWB uses index tracking.
  • PWB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

KAUGPWB
Annual cost (TER)0.79%0.55%
Fund size (AUM)$80M$1.9B
Since20242005
Dividend yield0.00%0.00%
Asset classalternativeequity
Regionnorth americanorth america
Strategystructured outcomeindex tracking
CAGR 1Y+16.6%+42.9%
CAGR 3YN/A+33.4%
CAGR 5YN/A+17.9%
Sharpe 3YN/A1.42
Volatility 1Y8.09%18.41%
Max drawdown-15.66%-32.36%

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

Similar to KAUG and PWB