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Innovator Laddered Allocation Power Buffer ETF

BUFF
$
Today’s Change
()

Snapshot
*

Inception Date
Oct 20, 2016
Expense Ratio
0.99%
Type
US Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$928,476
AUM
$268,768,500
Associated Index
Refinitiv Laddered Power Buffer Strategy Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

POCT
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - October
8.48%
PJUL
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - July
8.47%
PSEP
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - September
8.42%
PAUG
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - August
8.38%
PJAN
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - January
8.35%
PMAR
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - March
8.32%
PFEB
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - February
8.3%
PNOV
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - November
8.29%
PAPR
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - April
8.28%
PDEC
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - December
8.24%

What is BUFF?

The Innovator Laddered Fund of S&P 500 Power Buffer ETFs tracks the Refinitiv Laddered Power Buffer Strategy Index.The Index is comprised of shares of each of the 12 Innovator S&P 500 Power Buffer ETFs. The Index is designed to ladder the 12 Innovator S&P 500 Power Buffer ETFs to provide upside to U.S. equities, subject to caps, while seeking to buffer against the first 15% of U.S. equity losses. Each of the 12 ETFs in the Index is assigned an equal weight and will rebalance on a semi-annual basis. On August 11, 2020, this Fund underwent several important changes, including a replacement of the underlying index, investment objective and strategy, and a change to the Fund name and ticker. Prior to this conversion, this Fund was known as the Innovator Lunt Low Vol/ High Beta Tactical ETF (LVHB), which tracked the Lunt Capital US Large Cap Equity Rotation Index.

1M
3M
6M
YTD
1Y
3Y
Max

BUFF
Performance Measures**

for the time period Oct 25, 2016 to Aug 5, 2026

Returns

1M Trailing Return: 1.3%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 3.4%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -46.2%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 17.5%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.58

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.19

The annualized return divided by the max drawdown for the selected time period.

ETFs related toBUFF

ETFs correlated to BUFF include PBUS, SPUU, IVV

BUFF
Innovator ETFs Trust II - Innovator Laddered Allocation Power Buffer ETF
PBUS
Invesco Capital Management LLC - Invesco MSCI USA ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
GSUS
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta U.S. Equity ETF
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF
SSO
ProShares Trust - ProShares Ultra S&P500 2x Shares
SPTM
SPDR Series Trust - SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
UPRO
ProShares Trust - ProShares UltraPro S&P 500 ETF 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

BUFF is a US Equities ETF. The Innovator Laddered Fund of S&P 500 Power Buffer ETFs tracks the Refinitiv Laddered Power Buffer Strategy Index.The Index is comprised of shares of each of the 12 Innovator S&P 500 Power Buffer ETFs. The Index is designed to ladder the 12 Innovator S&P 500 Power Buffer ETFs to provide upside to U.S. equities, subject to caps, while seeking to buffer against the first 15% of U.S. equity losses. Each of the 12 ETFs in the Index is assigned an equal weight and will rebalance on a semi-annual basis. On August 11, 2020, this Fund underwent several important changes, including a replacement of the underlying index, investment objective and strategy, and a change to the Fund name and ticker. Prior to this conversion, this Fund was known as the Innovator Lunt Low Vol/ High Beta Tactical ETF (LVHB), which tracked the Lunt Capital US Large Cap Equity Rotation Index.

BUFF tracks the Refinitiv Laddered Power Buffer Strategy Index.

No, BUFF 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, BUFF 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 BUFF is -0.0029%. This is the percent change in the value of BUFF over the most recent 1-month period. The 3-month return on BUFF is 0.011%. This is the percent change in the value of BUFF over the most recent 3-month period.

The standard deviation of BUFF for the past year is 0.0945%. 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 BUFF include PKW, VIXY, and XYLD.

ETFs correlated to BUFF include PBUS, SPUU, and IVV.

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

Disclaimers

*

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.

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