Key stats
About Innovator U.S. Small Cap 10 Buffer ETF - Quarterly
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Inception date
Jul 1, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
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
US45783Y2283
RBUF uses FLEX options in an effort to moderate losses on the iShares Russell 2000 ETF (ticker: IWM) over a three-month outcome period. The fund foregoes some upside return, as well as IWMs dividend component because the options are written on the price (not total) return version of the underlying ETF. In exchange for preventing the realization of the first 10% of the IWMs losses, investors forego upside participation above a certain threshold, which is reset quarterly. Investors who buy at any other time than the quarterly reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the outcome period to achieve the intended results. The targeted buffers and caps do not include the funds expense ratio. The fund is actively managed.
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
Rights & Warrants
Bonds, Cash & Other100.00%
Rights & Warrants104.16%
Cash−4.16%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RBUF assets under management is 58.07 M USD. It's risen 85.97% over the last month.
RBUF fund flows account for 89.28 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.
No, RBUF doesn't pay dividends to its holders.
RBUF shares are issued by Innovator Capital Management LLC under the brand Innovator. The ETF was launched on Jul 1, 2024, and its management style is Active.
RBUF expense ratio is 0.79% meaning you'd have to pay 0.79% of your investment to help manage the fund.
RBUF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RBUF price has risen by 3.21% over the last month, and its yearly performance shows a 9.72% increase. See more dynamics on RBUF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.01% over the last month, showed a 6.36% increase in three-month performance and has increased by 8.50% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.01% over the last month, showed a 6.36% increase in three-month performance and has increased by 8.50% in a year.
RBUF trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.