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RFLR vs CGMM

Innovator U.S. Small Cap Managed Floor ETF vs Capital Group U.S. Small and Mid Cap ETF

RFLR

Innovator U.S. Small Cap Managed Floor ETF

Annual cost

0.89%

Fund size

$77M

CGMM

Capital Group U.S. Small and Mid Cap ETF

Annual cost

0.51%

Fund size

$2.5B

Key differences

  • CGMM costs 0.38% less per year.
  • CGMM is significantly larger than RFLR — larger funds tend to be more liquid and less likely to close.
  • RFLR is classified as alternative, while CGMM is equity — different risk/return profiles.
  • RFLR follows a structured outcome strategy; CGMM uses index tracking.

Side-by-side comparison

RFLRCGMM
Annual cost (TER)0.89%0.51%
Fund size (AUM)$77M$2.5B
Since20242025
Dividend yield0.63%0.37%
Asset classalternativeequity
Regionnorth americanorth america
Strategystructured outcomeindex tracking
CAGR 1Y+28.8%+26.2%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y12.29%15.95%
Max drawdown-15.48%-21.04%

Similar to RFLR and CGMM