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KAUG vs SMMV

Innovator U.S. Small Cap Power Buffer ETF - August vs iShares MSCI USA Small-Cap Min Vol Factor ETF

KAUG

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

Innovator ETFs

Annual cost

0.79%

Fund size

$80M

SMMV

iShares MSCI USA Small-Cap Min Vol Factor ETF

iShares

Annual cost

0.20%

Fund size

$284M

Key differences

  • SMMV costs 0.59% less per year.
  • SMMV is significantly larger than KAUG — larger funds tend to be more liquid and less likely to close.
  • KAUG is classified as alternative, while SMMV is equity — different risk/return profiles.
  • KAUG follows a structured outcome strategy; SMMV uses index tracking.
  • SMMV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

KAUGSMMV
Annual cost (TER)0.79%0.20%
Fund size (AUM)$80M$284M
Since20242016
Dividend yield0.00%1.71%
Asset classalternativeequity
Regionnorth americanorth america
Strategystructured outcomeindex tracking
CAGR 1Y+16.6%+8.9%
CAGR 3YN/A+11.6%
CAGR 5YN/A+5.3%
Sharpe 3YN/A0.68
Volatility 1Y8.09%9.88%
Max drawdown-15.66%-38.77%

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

Similar to KAUG and SMMV