Innovator Intl Developed Power Buffer ETF
$31.33+0.11 (+0.35%)
- 0.85%
- $55M
- +6.9%
- 0M sh
- $31.22
- low $29.13high $33.48
The ETF.net IFEB Grade
C
Score 43 out of 100
- 15 of 26
Score 43 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.D35 out of 100Rank 22 of 25Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B59 out of 100Rank 12 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.B61 out of 100Rank 11 of 26
Our read on IFEB
CBuffer ETFs are mostly an S&P 500 game. IFEB points the same machinery overseas: FLEX options on developed-market stocks outside the US and Canada, absorbing the first 15% of a year's losses in exchange for a cap. Resets every February 1.
The fund seeks to track the return of the iShares MSCI EAFE ETF, subject to a predetermined cap, while protecting against the first 15% of losses during the outcome period.
Why people hold it
- Most defined-outcome ETFs track US large caps. This one aims the same FLEX-options machinery at developed markets outside the US and Canada.sec.gov
- Fifteen points is the deep end of the buffer menu: the first 15% of the reference ETF's price decline over an outcome period is absorbed before losses reach shareholders.sec.gov
- Not a one-date bet. Innovator runs the same EAFE strategy on other reset months (IJAN, IMAR, IAPR), so an investor can pick a month or spread across several.
- The 0.85% fee sits right at the median for international buffer funds.
Worth knowing
- The cap is what pays for the buffer. A fresh one is set at the start of each February period, so the ceiling on upside is different every year.sec.gov
- The terms are built for a full Feb 1 to Jan 31 hold. Buy mid-period and the effective buffer and upside differ from the stated ones.sec.gov
- Price return only: the fund holds options on the EAFE ETF and does not receive its dividends. It also trades thinly and costs more than some rivals (BUFI, QBIF).sec.gov
IFEB Holdings
- Stocks
- 3
- 101%
- Efa 01/29/2027 1.01 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%
IFEB 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.
IFEB$10,688
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 | IFEB |
|---|---|
| Year to date | +3.3% |
| 1 month | −2.3% |
| 3 months | −0.6% |
| 1 year | +6.9% |
| 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 | IFEB |
|---|---|---|
| 2026 YTD | +3.3% | |
| 2025 | +19.4% | |
| 2024 | +0.5% |
IFEB in the news
Week in Funds
ZOCT paid its cap, then reset at 9.43%
IFEB Dividends
No distributions in the last 12 months.
IFEB Risk
- 7.1%
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.
- 0.57
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.
- −8.8%
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.
- 0.32
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IFEB Cost
0.85%
IFEB0.85%
- 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%
- 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 —
- CJANIAllianzIM International Equity Buffer15 Uncapped Jan ETFExpense ratio 0.79%1 year return —
- CYMARFT Vest International Equity Moderate Buffer ETF – MarchExpense ratio 0.90%1 year return +11.3%
- CIMARInnovator Intl Developed Power Buffer ETFExpense ratio 0.85%1 year return +5.7%