BUFBInnovator Laddered Allocation Buffer ETF

Grow my money#1699 of 2944 for Grow my money

The fund will invest at least 80% of its net assets (including investment borrowing) in the ETFs that comprise the index. The index seeks to provide “laddered” investing in the underlying ETFs. Laddered investing refers to investments in several similar securities that have different reset dates, with the goal of mitigating timing risks associated with investing in a single investment. The fund is non-diversified.

Innovator ETFs · Since 2022 (4 years)

Annual Cost

0.89%

#4277 out of 5,332 ETFs

Fund Size

$242M

#1968 out of 5,332 ETFs

Dividend Yield

0.00%

Track Record

4 years

#2684 out of 5,332 ETFs

Performance

1 Year

+22.8%

3 Years

+16.6%

5 Years

N/A

What's inside

Asset class

alternative

Strategy

structured outcome

Asset allocation

Stocks

95.7%

Cash

4.3%

Top holdings

Innovator U.S. Equity Buffer ETF™ - AprBAPR8.6%

Innovator U.S. Equity Buffer ETF™- MayBMAY8.4%

Innovator U.S. Equity Buffer ETF™ - MarBMAR8.4%

Innovator U.S. Equity Buffer ETF™ - FebBFEB8.4%

Innovator U.S. Equity Buffer ETF™ - JuneBJUN8.3%

Innovator US Equity Buff ETF™ JanBJAN8.3%

Innovator U.S. Equity Buffer ETF™ - DecBDEC8.3%

Innovator U.S. Equity Buffer ETF JulyBJUL8.3%

Innovator U.S. Equity Buffer ETF AugBAUG8.3%

Innovator US Equity Buffer ETF-SepBSEP8.2%

Risk profile

Volatility (1Y)

8.2%

Moderate

Max drawdown

-14.9%

Worst peak-to-trough loss

Sharpe (3Y)

1.21

Excellent risk-adjusted returns

Sortino (3Y)

1.82

Good downside protection

Similar ETFs

BUFF

Innovator Laddered Allocation Power Buffer ETF

TER 0.89%3Y +13.2%

Grow my money

BSEP

Innovator U.S. Equity Buffer ETF - September

TER 0.79%3Y +17.4%

Stay safe

BDEC

Innovator U.S. Equity Buffer ETF - December

TER 0.79%3Y +15.6%

Grow my money

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Buffer

Warning

Buffer ETF — downside protection at a cost

Defined-outcome funds cap upside (typically 8–20%) in exchange for partial downside protection (9–30%), priced via options. Fees are materially higher than the underlying index (often 0.70%+ vs 0.03–0.10%). For most pre-retirees, a simple stock/bond mix achieves similar downside behaviour at a fraction of the cost.

Source: Morningstar, 'Defined-Outcome ETFs: Useful or Uneconomic?' (2023)

Why we flagged this: strategy=structured_outcome + structured_outcome_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

Data updated on 2026-05-05