Innovator Intl Developed Power Buffer ETF
$34.42+0.14 (+0.40%)
- 0.85%
- $40M
- +11.0%
- 0M sh
- $34.29
- low $31.00high $35.60
The ETF.net IDEC Grade
C
Score 44 out of 100
- 13 of 26
Score 44 of 100 falls in the C 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 100Rank 11 of 26Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C46 out of 100Rank 13 of 25Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C54 out of 100Rank 16 of 26Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C53 out of 100Rank 14 of 26
Our read on IDEC
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.
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
- The 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
- The 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
- At 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.
- One 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
- Small and thinly traded next to the big US-equity buffer funds, so bid-ask spreads can widen. Limit orders matter more here.
- Terms reset annually. Buy mid-period and you inherit whatever cap and buffer remain, not the headline numbers from the period's start.innovatoretfs.com
- The 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
- Stocks
- 3
- 100%
- Efa 11/30/2026 0.95 C
Sectors
- Financials26.1%
- Industrials18.7%
- Technology12.0%
- Health Care10.1%
- Consumer Discretionary7.1%
- Consumer Staples6.4%
- Materials5.8%
- Communication4.7%
- Energy4.0%
- Utilities3.6%
- Real Estate1.5%
IDEC Performance
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.
IDEC$11,101
Returns run to the Oct 12, 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.
| Period | IDEC |
|---|---|
| Year to date | +6.2% |
| 1 month | −2.6% |
| 3 months | −0.6% |
| 1 year | +11.0% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | IDEC |
|---|---|---|
| 2026 YTD | +6.2% | |
| 2025 | +21.8% | |
| 2024 | +2.5% | |
| 2023 | +2.8% |
IDEC in the news
Week in Funds
ZOCT paid its cap, then reset at 9.43%
IDEC Dividends
No distributions in the last 12 months.
IDEC Risk
- 7.2%
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.
- 0.89
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.
- −8.5%
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.
- 0.30
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
0.85%
IDEC0.85%
- The middle half of Developed International Buffer 15% funds
- Median 0.85%
10 of the 26 Developed International Buffer 15% funds charge less.
Other funds in Developed International Buffer 15%
- CIJANInnovator International Developed Power Buffer ETF - JanuaryExpense ratio 0.85%1 year return +9.3%
- CINOVInnovator Intl Developed Power Buffer ETFExpense ratio 0.85%1 year return +9.9%
- CIMAYInnovator International Developed Power Buffer ETF - MayExpense ratio 0.85%1 year return +10.0%
- CARLIAIM ETF Products Trust - AllianzIM International Equity Buffer15 Uncapped Apr ETFExpense ratio 0.79%1 year return —
- CIFEBInnovator Intl Developed Power Buffer ETFExpense ratio 0.85%1 year return +6.9%