---
ticker: "BFRZ"
name: "Innovator Equity Managed 100 Buffer ETF"
url: "https://etf.net/etf/BFRZ"
grade: "D"
score: 33
graded_at: "2026-10-12"
category: "S&P 500 Laddered Buffer"
category_rank: "15 of 18"
methodology: "https://etf.net/methodology"
---

# BFRZ: Innovator Equity Managed 100 Buffer ETF

Grade **D**, Score 33 of 100. Rank 15 of 18 in S&P 500 Laddered Buffer.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 6 | 17 of 18 |
| Mission | Not scored | — |
| Risk | 29 | 15 of 18 |
| Tradability | 63 | 5 of 18 |
| Holdings | 84 | 2 of 18 |
| Durability | 31 | 14 of 18 |

## Top holdings

The fund holds 184 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | NVDA | NVIDIA Corp | 7.54% |
| 2 | AAPL | Apple Inc | 7.23% |
| 3 | MSFT | Microsoft Corp | 5.91% |
| 4 | AMZN | Amazon.com Inc | 3.92% |
| 5 | GOOGL | Alphabet Inc | 3.11% |
| 6 | GOOG | Alphabet Inc | 2.63% |
| 7 | AVGO | Broadcom Inc | 2.54% |
| 8 | META | Meta Platforms Inc | 2.49% |
| 9 | — | Spxw Us 09/30/27 P8465 | 1.93% |
| 10 | TSLA | Tesla Inc | 1.81% |
| 11 | MU | Micron Technology Inc | 1.77% |
| 12 | — | Us Bank Mmda - Usbgfs 9 09/01/2037 | 1.64% |
| 13 | JPM | JPMorgan Chase & Co. | 1.63% |
| 14 | LLY | Eli Lilly & Co | 1.61% |
| 15 | AMD | Advanced Micro Devices Inc | 1.58% |
| 16 | — | Spxw Us 06/30/27 P8250 | 1.50% |
| 17 | XOM | ExxonMobil Holdings Corp | 1.30% |
| 18 | BRK.B | Berkshire Hathaway Inc | 1.25% |
| 19 | V | Visa Inc | 1.23% |
| 20 | JNJ | Johnson & Johnson | 1.18% |
| 21 | CSCO | Cisco Systems Inc | 1.04% |
| 22 | ABBV | AbbVie Inc | 1.04% |
| 23 | MA | Mastercard Inc | 0.96% |
| 24 | WMT | Walmart Inc | 0.93% |
| 25 | COST | Costco Wholesale Corp | 0.85% |
| 26 | MRK | Merck & Co Inc | 0.84% |
| 27 | KO | Coca-Cola Co/The | 0.82% |
| 28 | INTC | Intel Corp | 0.80% |
| 29 | CAT | Caterpillar Inc | 0.80% |
| 30 | BAC | Bank of America Corp | 0.76% |

Source: etf.net, https://etf.net/etf/BFRZ. Please cite the page URL.