KBFRInnovator U.S. Small Cap Managed 10 Buffer ETF
Seeks capital appreciation while limiting losses experienced by investors.
Launched 2026
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#5,854 of 5,854 · expensive
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#5,854 of 5,854 · small
N/A
6 months
#5,204 of 5,854 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
AlternativeRegion
North americaStrategy
Structured outcome
Index tracked
Russell 2000 Price Return Index
What it actually holds
By weightConcentration
Top 10 holdings = 6.5% of fund✓ well diversified
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
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 of equity securities of U.S. small capitalization companies, seeking capital appreciation through uncapped participation in the small-cap equity markets while implementing a laddered options strategy to provide 10% downside buffers against losses. The Fund targets small-cap companies and aims to limit downside risk through put and call options.
- Inception date
- February 24, 2026
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
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
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Data updated on 2026-08-04