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Launched

Innovator Intl Developed Power Buffer ETF

IAUGNYSE ArcaInnovatorB

$30.25+0.07 (+0.25%)

At close: Nov 2, 2026, 4:00 PM ET

B58/ 100

Rank 3 of 26 in Developed International Buffer 15%

B58/100Rank 3 of 26inDeveloped International Buffer 15%
Intraday session: up, 78 prints from 30.18 to 30.25. Range 30.25 to 30.35. Use the arrow keys to read each point.30.2030.3030.3510 AM12 PM2 PM4 PM
Expense ratio
0.85%
Fund size
$80M
1Y total return
+8.3%
Yield · Last 12 months
No data
Holdings
3
Avg volume · 30D
25.8K sh
52W range
low $27.42high $31.20
Launched

The ETF.net IAUG Grade

Based on 5 of 6 pillars

B

Score 58 out of 100

Category
Developed International Buffer 15%⁠
Rank
3 of 26
Six-pillar profile for IAUG. Scores out of 100: Cost 38, Risk 78, Mission 96, Tradability 76, Holdings not scored, Durability 63. Strongest: Mission (96). Weakest: Cost (38). Based on 5 of 6 pillars.

Score 58 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D38 out of 100
    Rank 11 of 26

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A96 out of 100
    Rank 1 of 4

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A78 out of 100
    Rank 1 of 26

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A76 out of 100
    Rank 6 of 26

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B63 out of 100
    Rank 11 of 26

Our read on IAUG

ETF.net Research

In short

BDownside padding for foreign stocks instead of the usual S&P 500 target. IAUG shadows the iShares MSCI EAFE ETF, absorbs the first 15% of a year's losses, and trades away upside above a cap reset every August 1.

Stated mandate

The Fund seeks to match the return of its underlying ETF up to a predetermined upside cap while protecting against the first 15% of underlying ETF losses during the outcome period.

Why people hold it

  • The deal is written down in advance: match the reference ETF's return up to a preset cap, with the first 15% of its losses absorbed over an outcome period running August 1 to July 31.innovatoretfs.com
  • One rung in a 12-month ladder on the same EAFE exposure (IJUL, ISEP, IOCT and the rest), so entry points can be staggered rather than pinned to a single reset date.innovatoretfs.com
  • At 0.85% a year, it charges the same as the median fund in its buffered-international peer group. No premium for the international twist.

Worth knowing

  • Thinly traded with a small asset base, which usually means wider bid-ask spreads than the big buffer funds carry.
  • The 15% buffer and the cap are engineered for investors who hold the full outcome period. Buy mid-period and your actual cushion and ceiling differ from the headline terms.innovatoretfs.com
  • An options-built structure aimed at price outcomes, not cash flow. Distributions have not been part of the picture.

IAUG Performance

Launched Aug 1, 2024

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
IAUG$10,827
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. IAUG $10,827. SPY $11,146. Use the arrow keys to read each point.$10,000$11,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for IAUG. Periods over one year show the average yearly return.
PeriodIAUG
Year to date+6.3%
1 month0.0%
3 months−0.8%
1 year+8.3%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for IAUG
YearReturn barIAUG
2026 YTD+6.3%
2025+17.5%
2024−1.1%

Since listing, Aug 1, 2024

IAUG in the news

Filtered to IAUG · Developed International Buffer 15% · Innovator

IAUG Dividends

This fund pays no distributions.
No dataLast 12 months
Payout per share
No dataLast 12 months

No distributions in the last 12 months.

IAUG Risk

Risk pillarA78 out of 100Rank 1 of 26 in Developed International Buffer 15%
How much the fund’s monthly returns vary, scaled to a year.
6.3%
Annualised · 26 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.63
vs 3-month T-bills · 26 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−8.0%
27 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.25
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

IAUG Cost

Compare IAUG and IDJN

Overpaying vs IDJN, tied cheapest in Developed International Buffer 15%

$10,050

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • IAUG 0.85%

    $16,199

  • IDJN 0.30% Tied cheapest

    $6,149

$10,000
30 years

Cost over time

  • IAUG 0.85%
  • IDJN 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530IAUG $16,199IDJN $6,149

Year by year

YearIAUGIDJNOverpaying
10$1,508$545$963
20$5,706$2,113$3,593
30$16,199$6,149$10,050

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