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IDEC

GradeCNew York Stock Exchange Arca

Innovator Intl Developed Power Buffer ETF

Buffered · Innovator · Inception 2023-12-01

$34.80−0.43 (−1.23%)

As of Sep 23, 2026, 3:07 PM EDT

History starts Dec 1, 2023.
Intraday session: down, 62 prints from 35.24 to 34.80. Range 34.72 to 34.97. Use the arrow keys to read each point.$34.70$34.9010 AM12 PM2 PM4 PM
Expense ratio
0.85%
Fund size
$41M
1Y return
+13.7%
Yield · Last 12 months
—
Holdings
6
Volume · 30D
0M sh
NAV per share
$34.81
52W range
low $30.73high $35.60

The ETF.net IDEC Grade

C

45/ 100

Rank 13 of 26 in Developed International Buffer 15%⁠

Confidence Medium

Six-pillar profile for IDEC. Scores out of 100: Cost 38, Risk 52, Mission not scored, Tradability 52, Holdings not scored, Durability 52. Strongest: Risk (52). Weakest: Cost (38). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 45 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 38
    Category rank13/26 · top 50%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 52
    Category rank11/23 · top 48%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 52
    Category rank14/26 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 52
    Category rank14/26 · mid-pack

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

Our read on IDEC

ETF.net Research

CBuffered international. IDEC follows the iShares MSCI EAFE ETF with the first 15% of losses absorbed and the upside capped over an approximately one-year outcome period that resets every December.

Stated mandate

The Fund seeks to track the return of the iShares MSCI EAFE ETF, subject to an upside cap, while protecting against the first 15% of losses during the approximately annual outcome period.

Why people hold it

  1. 01The 15% buffer is spelled out in the fund's own documents: it absorbs the first 15% of the reference ETF's losses over the outcome period, in exchange for an upside cap set at the start.innovatoretfs.com
  2. 02The reference is the iShares MSCI EAFE ETF, so the defined-outcome machinery sits on developed Europe, Japan and Australia instead of the usual S&P 500.innovatoretfs.com
  3. 03At 0.85% a year it matches the going rate across the international buffer group (IJUL, IMAR and IAPR all charge the same). No premium for the December calendar.
  4. 04One rung on a monthly ladder: siblings such as IJUL, IMAR and ISEP run the identical strategy on other reset months, so start dates can be staggered.

Worth knowing

  1. 01Small and thinly traded next to the big US-equity buffer funds, so bid-ask spreads can widen. Limit orders matter more here.
  2. 02Terms reset annually. Buy mid-period and you inherit whatever cap and buffer remain, not the headline numbers from the period's start.innovatoretfs.com
  3. 03The cap is what pays for the buffer: gains above it stay behind. There is no regular distribution schedule either, so price change is the whole story.

IDEC Holdings

As of Sep 22, 2026, 10:01 PM
Asset class
Stocks
Holdings
6
Top-10 weight
101%
Largest holding
EFA 11/30/2026 0.95 C100.2%

Sectors

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—EFA 11/30/2026 0.95 C100.22%3,931$41M1
002—EFA 11/30/2026 95.19 P0.43%3,931$176K1
003—US BANK MMDA - USBGFS 9 09/01/20370.21%86,535$87K161

Showing 1–3 of 3 holdings

IDEC Performance

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

IDEC$11,373
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. IDEC $11,373. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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 IDEC. Periods over one year show the average yearly return.
PeriodIDEC
Year to date+9.2%
1 month−0.4%
3 months+2.3%
1 year+13.7%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, 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 IDEC
YearReturn barIDEC
2026 YTD+9.2%
2025+21.8%
2024+2.5%
2023+2.8%

Since listing, Dec 1, 2023

IDEC in the news

ETF.net Research hasn’t filed on IDEC yet — coverage lands here as it’s written.

IDEC Dividends

This fund pays no distributions.
—Last 12 months
Payout per share
—Last 12 months

No distributions in the last 12 months.

IDEC Risk

How much the fund’s monthly returns vary, scaled to a year.
7.0%
Annualised · 32 months to Aug 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.
1.08
vs 3-month T-bills · 32 months to Aug 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.
−8.5%
33 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.
0.30
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.

IDEC Cost

Expense ratio0.85%
  • The middle half of Developed International Buffer 15% funds
  • Median 0.85%

10 of the 26 Developed International Buffer 15% funds charge less.

IDEC costs $85.00 a year on $10,000. The median Developed International Buffer 15% fund costs $85.00.