Skip to content

IBFRInnovator International Developed Managed 10 Buffer ETF

Stay safeGrow my moneyNewRanked #354 of 357 in this goal

Seeks capital appreciation while limiting losses experienced by investors.

Launched 2026

Annual Cost

#5,854 of 5,854 · expensive

Fund Size

#5,854 of 5,854 · small

Dividend YieldGoal

Track Record

6 months

#5,204 of 5,854 · young

Performance

Total-return NAV · USD
Growth of $10,000
$10,053+0.5%

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

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Structured outcome

Index tracked

MSCI EAFE Index

What it actually holds

By weight

Concentration

Top 10 holdings = 16.1% of fundwell diversified

US BANK MMDA - USBGFS 9
2.7%
ASML Holding NV
2.5%
N/A
1.7%
HSBC Holdings PLC
1.4%
N/A
1.4%
Novartis AG
1.4%
AstraZeneca PLC
1.3%
Shell PLC
1.3%
Nestle SA
1.3%
N/A
1.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-5.7%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
NYSE Arca, NYSE American

Full fund details

Objective
Seeks capital appreciation while limiting losses experienced by investors.
Strategy
Actively manages a portfolio investing at least 80% in equity securities and options for companies in international developed markets, targeting large- and mid-cap equity markets. Implements a laddered options strategy to provide capital appreciation and downside protection against the first 10% of losses.
Inception date
February 24, 2026

Our take

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

Buffer
Warning

You can build this cheaper yourself

Defined-outcome funds cap your gains (often 8% to 20%) in exchange for cushioning losses by 9% to 30%, priced with options. The fee runs about 0.70% or more, against 0.03% to 0.10% for a plain index fund. For most investors, a simple stock-and-bond mix gives similar protection for far less.

Sources: Morningstar, 'Buffer Funds Are on the Rise, but They May Not Make Sense for Most Investors' (2025)

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

What's next?

You've looked at IBFR. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.

Data updated on 2026-08-03