Key stats
About Innovator Laddered Allocation Power Buffer ETF
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Inception date
Oct 20, 2016
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
US45783Y8140
BUFF is a collection of buffer ETFs in one ticket. The fund fund-of-funds passively invests equally across the issuer's own, monthly S&P 500 Power Buffer ETFs. Each underlying ETF uses FLEX options in an effort to provide a buffer against the first 15% of losses in the SPDR S&P 500 ETF and capped upside performance over a one-year holding period. The laddered approach allows each ETF to conclude its one-year outcome period and then roll to a new outcome period. Thus, resetting both buffer and cap levels for another twelve months and helping to mitigate timing risks associated with the strategy. The portfolio is rebalanced semi-annually to equal weighting. Note that the fund itself does not pursue a defined outcome strategy. Before Feb. 9, 2022, the fund name was Innovator Fund of US Equity Power Buffer ETF. Prior to August 11, 2020, the fund traded as Innovator Lunt Low Vol/High Beta Tactical ETF under ticker: LVHB and tracked Lunt Capital U.S. Large Cap Equity Rotation Index.
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
ETF
Bonds, Cash & Other100.00%
ETF99.85%
Cash0.15%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BUFF top holdings are Innovator U.S. Equity Power Buffer ETF - July and Innovator U.S. Equity Power Buffer ETF - August, occupying 8.50% and 8.42% of the portfolio correspondingly.
BUFF last dividends amounted to 0.07 USD. The year before, the issuer paid 0.19 USD in dividends, which shows a 179.36% decrease.
BUFF assets under management is 774.56 M USD. It's risen 5.31% over the last month.
BUFF fund flows account for 248.91 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.
BUFF shares are issued by Innovator Capital Management LLC under the brand Innovator. The ETF was launched on Oct 20, 2016, and its management style is Active.
BUFF expense ratio is 0.89% meaning you'd have to pay 0.89% of your investment to help manage the fund.
BUFF follows the Refinitiv Laddered Power Buffer Strategy Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BUFF invests in funds.
BUFF price has risen by 0.95% over the last month, and its yearly performance shows a 11.44% increase. See more dynamics on BUFF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.21% over the last month, showed a 5.80% increase in three-month performance and has increased by 11.63% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.21% over the last month, showed a 5.80% increase in three-month performance and has increased by 11.63% in a year.
BUFF trades at a premium (0.12%) meaning the ETF is trading at a higher price than the calculated NAV.