EBUFInnovator Emerging Markets 10 Buffer ETF - Quarterly
Seeks capital appreciation with downside protection by matching returns of the Underlying ETF, up to 3.07%, while providing a buffer against 10% losses.
By Innovator ETFs · Launched 2024
0.89%
#4,486 of 5,562 · expensive
$32M
#3,976 of 5,562 · small
+16.2%
1 year
#3,659 of 5,562 · seasoned
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundAsset class
AlternativeRegion
Emerging marketsStrategy
Structured outcome
Index tracked
MSCI Emerging Markets Index
What it actually holds
By weightConcentration
Top 5 holdings = 100.1% of fundconcentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Where to buy
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks capital appreciation with downside protection by matching returns of the Underlying ETF, up to 3.07%, while providing a buffer against 10% losses.
- Strategy
- Invests primarily in FLEX Options referencing the iShares MSCI Emerging Markets ETF to replicate its performance while providing a 10% buffer against losses during the Outcome Period. The Fund aims for a maximum return of 3.07% before fees over the Outcome Period.
- Inception date
- June 28, 2024
- Fund family
- Innovator ETFs
Similar ETFs
Closest matches by profileOur 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
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Data updated on 2026-06-20