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SFLRInnovator Equity Managed Floor ETF

Grow my moneyDiversifier3y track recordRanked #55 of 240 in this goal

Seeks to provide capital appreciation while seeking to limit the amount of losses experienced by investors before fees.

By Innovator ETFs · Launched 2022

Annual Cost

0.89%

#4,486 of 5,562 · expensive

Fund Size

$2.0B

#747 of 5,562 · large

Return (1Y)Goal

+18.0%

Track Record

3 years

#2,848 of 5,562 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,779+17.8%

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

Classification

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Structured outcome

Index tracked

Solactive GBS United States 500 Index

What it actually holds

By weight

Concentration

Top 10 holdings = 41.3% of fundmoderately concentrated

NVIDIA Corp
7.7%
Apple Inc
6.5%
Microsoft Corp
5.5%
Amazon.com Inc
4.0%
Mount Vernon Liquid Assets Portfolio, LLC
3.5%
Alphabet Inc
3.2%
US BANK MMDA - USBGFS 9
2.8%
Meta Platforms Inc
2.8%
Alphabet Inc
2.8%
Broadcom Inc
2.7%

Asset allocation

Stocks
100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
9.7%Low

Year-on-year price swings

Max drawdown
-12.1%Mild

Worst peak-to-trough loss

Sharpe (3Y)
1.10Strong risk-adjusted returns
Sortino (3Y)
1.55Good downside protection

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks to provide capital appreciation while seeking to limit the amount of losses experienced by investors before fees.
Strategy
Invests primarily in equity securities and option contracts for economic exposure to large-cap U.S. equities. Actively managed ETF seeks capital appreciation while limiting maximum losses through a diversified portfolio in the Solactive GBS United States 500 Index and a laddered options strategy. Implements investment floors to limit losses to 10% of U.S. Large Cap Index losses over one-year periods, using put options with staggered expirations and short-dated call options to fund the strategy.
Inception date
November 8, 2022
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