Key stats
About Innovator U.S. Small Cap Managed Floor ETF
Home page
Inception date
Sep 17, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Innovator Capital Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US45784N5023
RLFR seeks to capture some of the upside of the US small-cap equity market while actively managing option strategies in an attempt to limit losses to roughly 8-12% each year. The fund invests in an equity portfolio comprised of US small-caps and FLEX options to hedge the downside risk on an annual basis. The hedge piece rolls quarterly such that there are four floors, with one expiring every three months. The fund's laddered approach is meant to help offset the timing risks inherent in a single reset and roll date. The sub-adviser also sells short-dated (two-week) call options in tranches, with expirations staggered every three to four days, in an attempt to offset some of the cost of the hedge.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Health Technology
Technology Services
Stocks95.89%
Finance23.59%
Health Technology11.08%
Technology Services10.13%
Producer Manufacturing7.67%
Electronic Technology7.31%
Commercial Services3.87%
Consumer Services3.56%
Industrial Services3.51%
Retail Trade3.14%
Process Industries3.11%
Consumer Durables2.97%
Utilities2.56%
Energy Minerals2.41%
Transportation2.36%
Consumer Non-Durables2.28%
Non-Energy Minerals2.10%
Health Services1.93%
Distribution Services1.29%
Communications0.91%
Miscellaneous0.11%
Bonds, Cash & Other4.11%
Cash3.40%
Rights & Warrants0.71%
Stock breakdown by region
North America97.79%
Europe1.51%
Latin America0.27%
Middle East0.24%
Asia0.16%
Oceania0.03%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RFLR invests in stocks. The fund's major sectors are Finance, with 23.59% stocks, and Health Technology, with 11.08% of the basket. The assets are mostly located in the North America region.
RFLR last dividends amounted to 0.05 USD. The quarter before, the issuer paid 0.03 USD in dividends, which shows a 34.15% increase.
RFLR assets under management is 24.43 M USD. It's risen 13.05% over the last month.
RFLR fund flows account for 22.94 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, RFLR pays dividends to its holders with the dividend yield of 0.52%. The last dividend (Jul 1, 2025) amounted to 0.05 USD. The dividends are paid quarterly.
RFLR shares are issued by Innovator Capital Management LLC under the brand Innovator. The ETF was launched on Sep 17, 2024, and its management style is Active.
RFLR expense ratio is 0.89% meaning you'd have to pay 0.89% of your investment to help manage the fund.
RFLR follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RFLR invests in stocks.
RFLR price has risen by 6.77% over the last month, and its yearly performance shows a 7.03% increase. See more dynamics on RFLR price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.15% over the last month, showed a 11.93% increase in three-month performance and has increased by 6.23% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.15% over the last month, showed a 11.93% increase in three-month performance and has increased by 6.23% in a year.
RFLR trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.