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ETFs

Innovator Laddered Allocation Buffer ETF

BUFB
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Today’s Change
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Snapshot
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Inception Date
Feb 08 2022
Expense Ratio
0.89%
Type
US Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$222,137
AUM
$35,061,000
Associated Index
MerQube US Large Cap Equity Buffer Laddered Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

BMAR
Innovator ETFs Trust - Innovator U.S. Equity Buffer ETF - March
8.48%
BAPR
Innovator ETFs Trust - Innovator U.S. Equity Buffer ETF - April
8.48%
BFEB
Innovator ETFs Trust - Innovator U.S. Equity Buffer ETF - February
8.45%
BDEC
Innovator ETFs Trust - Innovator U.S. Equity Buffer ETF - December
8.41%
BNOV
Innovator ETFs Trust - Innovator U.S. Equity Buffer ETF - November
8.38%
BOCT
Innovator ETFs Trust - Innovator U.S. Equity Buffer ETF - October
8.35%
BJAN
Innovator ETFs Trust - Innovator U.S. Equity Buffer ETF - January
8.35%
BJUL
Innovator ETFs Trust - Innovator U.S. Equity Buffer ETF - July
8.27%
BSEP
Innovator ETFs Trust - Innovator U.S. Equity Buffer ETF - September
8.25%
BAUG
Innovator ETFs Trust - Innovator U.S. Equity Buffer ETF - August
8.22%
Invest with BUFB

What is BUFB?

The Innovator Laddered Allocation Buffer ETF seeks to provide exposure to the investment results of the MerQube US Large Cap Equity Buffer Laddered Index. The Index is comprised of an equal-weight allocation to each of the 12 Innovator U.S. Equity Buffer ETFs which provide the upside of U.S. equities, subject to caps, while buffering against the first 9% of U.S. equity losses.

ETFs related toBUFB

ETFs correlated to BUFB include PBUS, VOTE, IYY

BUFB
Innovator ETFs Trust - Innovator Laddered Allocation Buffer ETF
PBUS
Invesco Capital Management LLC - Invesco PureBeta SM MSCI USA ETF
VOTE
Engine No. 1 ETF Trust - Engine No. 1 Transform 500 ETF
IYY
BlackRock Institutional Trust Company N.A. - iShares Dow Jones U.S. ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
BBUS
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Equity ETF
SCHX
Schwab Strategic Trust - Schwab U.S. Large-Cap ETF
VV
Vanguard Group, Inc. - Vanguard Large Cap ETF
DFUS
Dimensional ETF Trust - Dimensional U.S. Equity ETF
SPXL
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

BUFB is a US Equities ETF. The Innovator Laddered Allocation Buffer ETF seeks to provide exposure to the investment results of the MerQube US Large Cap Equity Buffer Laddered Index. The Index is comprised of an equal-weight allocation to each of the 12 Innovator U.S. Equity Buffer ETFs which provide the upside of U.S. equities, subject to caps, while buffering against the first 9% of U.S. equity losses.

BUFB tracks the MerQube US Large Cap Equity Buffer Laddered Index.

No, BUFB is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, BUFB is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on BUFB is 0.0247%. This is the percent change in the value of BUFB over the most recent 1-month period. The 3-month return on BUFB is 0.057%. This is the percent change in the value of BUFB over the most recent 3-month period.

The standard deviation of BUFB for the past year is 0.1626%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to BUFB include VXX, QYLD, and HDGE.

ETFs correlated to BUFB include PBUS, VOTE, and IYY.

ETFs that are inversely correlated to BUFB include SPDN, SDS, and SH.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.