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BUFFInnovator Laddered Allocation Power Buffer ETF

Grow my money9y track recordRanked #1,229 of 2,960 in this goal

Seeks investment results that correspond to the performance of the FTSE Laddered Power Buffer Strategy Price Return Index.

By Innovator ETFs · Launched 2016

Annual Cost

0.89%

#4,486 of 5,562 · expensive

Fund Size

$870M

#1,197 of 5,562 · large

Return (1Y)Goal

+14.4%

Track Record

9 years

#1,490 of 5,562 · established

Performance

Total-return NAV · USD
Growth of $10,000
$11,450+14.5%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Structured outcome

Index tracked

FTSE Laddered Power Buffer Strategy Price Return Index

What it actually holds

By weight

Concentration

Top 10 holdings = 83.3% of fundconcentrated

Innovator U.S. Equity Power Bu
8.4%
Innovator U.S. Equity Power Bu
8.4%
Innovator U.S. Equity Power Bu
8.4%
Innovator U.S. Equity Power Bu
8.3%
Innovator U.S. Equity Power Bu
8.3%
Innovator U.S. Equity Power Bu
8.3%
Innovator U.S. Equity Power Bu
8.3%
Innovator U.S. Equity Power Bu
8.3%
Innovator U.S. Equity Power Bu
8.3%
Innovator U.S. Equity Power Bu
8.3%

Asset allocation

Stocks
93.7%
Cash
6.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
5.2%Low

Year-on-year price swings

Max drawdown
-46.2%Severe

Worst peak-to-trough loss

Sharpe (3Y)
1.06Strong risk-adjusted returns
Sortino (3Y)
1.57Good downside protection

Where to buy

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks investment results that correspond to the performance of the FTSE Laddered Power Buffer Strategy Price Return Index.
Strategy
Invests primarily in ETFs that comprise the Index, seeking to match the performance of the FTSE Laddered Power Buffer Strategy Price Return Index. The Fund will rebalance semi-annually to maintain equal weight in the Underlying ETFs, which provide defined outcomes based on the S&P 500 Index. Each Underlying ETF offers a capped return and a 15% downside buffer for losses. The laddered approach mitigates timing risks by investing in multiple ETFs with different reset dates, allowing diversified exposure to the respective Caps and buffers.
Inception date
October 20, 2016
Fund family
Innovator ETFs

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

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Data updated on 2026-06-19