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NFEB vs SPGP

Innovator Growth-100 Power Buffer ETF - February vs Invesco S&P 500 GARP ETF

NFEB

Innovator Growth-100 Power Buffer ETF - February

Innovator ETFs

Annual cost

0.79%

Fund size

$83M

SPGP

Invesco S&P 500 GARP ETF

Invesco

Annual cost

0.36%

Fund size

$2.2B

Key differences

  • SPGP costs 0.43% less per year.
  • SPGP is significantly larger than NFEB — larger funds tend to be more liquid and less likely to close.
  • NFEB is classified as alternative, while SPGP is equity — different risk/return profiles.
  • NFEB follows a structured outcome strategy; SPGP uses index tracking.
  • SPGP has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

NFEBSPGP
Annual cost (TER)0.79%0.36%
Fund size (AUM)$83M$2.2B
Since20252011
Dividend yield0.00%0.90%
Asset classalternativeequity
Regionnorth americanorth america
Strategystructured outcomeindex tracking
CAGR 1Y+22.0%+19.3%
CAGR 3YN/A+13.1%
CAGR 5YN/A+8.3%
Sharpe 3YN/A0.59
Volatility 1Y7.35%15.38%
Max drawdown-13.27%-42.08%

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

Similar to NFEB and SPGP