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SPLV vs KAUG

Invesco S&P 500 Low Volatility ETF vs Innovator U.S. Small Cap Power Buffer ETF - August

SPLV

Invesco S&P 500 Low Volatility ETF

Invesco

Annual cost

0.25%

Fund size

$7.2B

KAUG

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

Innovator ETFs

Annual cost

0.79%

Fund size

$80M

Key differences

  • SPLV costs 0.54% less per year.
  • SPLV is significantly larger than KAUG — larger funds tend to be more liquid and less likely to close.
  • SPLV is classified as equity, while KAUG is alternative — different risk/return profiles.
  • SPLV follows a index tracking strategy; KAUG uses structured outcome.
  • SPLV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SPLVKAUG
Annual cost (TER)0.25%0.79%
Fund size (AUM)$7.2B$80M
Since20112024
Dividend yield2.11%0.00%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingstructured outcome
CAGR 1Y+4.3%+16.6%
CAGR 3Y+8.2%N/A
CAGR 5Y+6.1%N/A
Sharpe 3Y0.45N/A
Volatility 1Y9.71%8.09%
Max drawdown-36.26%-15.66%

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

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