BUFFInnovator Laddered Allocation Power Buffer ETF
The fund will invest at least 80% of its net assets (including investment borrowing) in the exchange-traded funds ("ETFs") that comprise the index. The index is composed of the shares of twelve Innovator U.S. Equity Power Buffer ETFs. The fund, in accordance with the index, will be continuously invested in each of the underlying ETFs and will rebalance semi-annually by purchasing and selling the underlying ETFs to equally weight the underlying ETFs.
Innovator ETFs · Since 2016 (9 years)
0.89%
#4277 out of 5,332 ETFs
$785M
#1150 out of 5,332 ETFs
0.00%
9 years
#1513 out of 5,332 ETFs
Performance
1 Year
+17.5%
3 Years
+13.2%
5 Years
+8.5%
What's inside
Asset allocation
Top holdings
Risk profile
6.0%
Moderate
-46.2%
Worst peak-to-trough loss
1.19
Excellent risk-adjusted returns
1.78
Good downside protection
Similar ETFs
Our take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
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