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RFLRInnovator U.S. Small Cap Managed Floor ETF

Grow my money1y track recordRanked #2,319 of 2,960 in this goal

Seeks capital appreciation while limiting investor losses.

By Innovator ETFs · Launched 2024

Annual Cost

0.89%

#4,486 of 5,562 · expensive

Fund Size

$80M

#3,143 of 5,562 · mid-size

Return (1Y)Goal

+29.4%

Track Record

1 year

#3,812 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$12,884+28.8%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Cap

Small

Strategy

Structured outcome

What it actually holds

By weight

Concentration

Top 8 holdings = 3.2% of fundwell diversified

Planet Labs PBC Class APL
0.5%
Vishay Intertechnology IncVSH
0.5%
Viavi Solutions IncVIAV
0.4%
DigitalOcean Holdings IncDOCN
0.4%
Applied Optoelectronics IncAAOI
0.4%
CommVault Systems IncCVLT
0.4%
SM Energy CoSM
0.4%
Varonis Systems IncVRNS
0.4%

Asset allocation

Stocks
100.0%

By sector

Financial Services
17.3%
Technology
16.7%
Healthcare
16.2%
Industrials
15.8%
Consumer Cyclical
9.9%
Real Estate
6.8%
Energy
5.7%
Basic Materials
4.7%
Other
7.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
12.5%Moderate

Year-on-year price swings

Max drawdown
-15.5%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks capital appreciation while limiting investor losses.
Strategy
Invests primarily in U.S. small-cap equity securities and options to provide exposure to this market. Actively managed to achieve uncapped participation in small-cap equities while mitigating potential losses.
Inception date
September 16, 2024
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