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IMAR

GradeCNew York Stock Exchange Arca

Innovator Intl Developed Power Buffer ETF

Buffered · Innovator · Inception 2024-03-01 · SEC filings

$30.73−0.29 (−0.95%)

As of Sep 23, 2026, 2:06 PM EDT

History starts Mar 1, 2024.
Intraday session: down, 51 prints from 31.03 to 30.73. Range 30.66 to 30.98. Use the arrow keys to read each point.$30.80$30.90$31.0010 AM12 PM2 PM4 PM
Expense ratio
0.85%
Fund size
$105M
1Y return
+7.2%
Yield · Last 12 months
—
Holdings
6
Volume · 30D
0.1M sh
NAV per share
$30.67
52W range
low $28.29high $31.47

The ETF.net IMAR Grade

C

44/ 100

Rank 14 of 26 in Developed International Buffer 15%⁠

Confidence Medium

Six-pillar profile for IMAR. Scores out of 100: Cost 38, Risk 24, Mission not scored, Tradability 69, Holdings not scored, Durability 67. Strongest: Tradability (69). Weakest: Risk (24). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 44 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 rank18/26 · mid-pack

  • 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.
    FScore 24
    Category rank22/23 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 69
    Category rank5/26 · top 19%

  • 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.
    BScore 67
    Category rank10/26 · top 38%

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

Our read on IMAR

ETF.net Research

CBuffered ETFs are almost always an S&P 500 story. IMAR runs the same playbook overseas: EAFE developed-market stocks, the first 15% of losses absorbed, upside capped, resetting every March.

Stated mandate

The Fund seeks to track the return of the iShares MSCI EAFE ETF, subject to a predetermined upside cap, while protecting against the first 15% of losses over the current outcome period.

Why people hold it

  1. 01The floor is written into the prospectus, not implied: the fund aims to absorb the first 15% of its EAFE reference ETF's losses over each one-year outcome period.innovatoretfs.com
  2. 02Defined-outcome exposure to foreign developed stocks is a thin shelf, and Innovator runs a full monthly ladder (IAPR, IMAY, IJUL and siblings) so the reset month is your choice.
  3. 03At 0.85% it sits right at the median for buffered EAFE funds and below the 0.90% charged by siblings like YMAR and YSEP.
  4. 04Execution is a strong point: it changes hands more cleanly than most funds in its group, which matters when you may need to enter or exit mid-period.

Worth knowing

  1. 01The cap is the price of the floor. A new one is set each March, and once the reference ETF's gains hit it, that's the ceiling for the period.
  2. 02Buy mid-period and you get whatever cap and buffer remain, not the headline 15%. The stated terms apply to investors who hold from one March reset to the next.innovatoretfs.com
  3. 03Launched in 2024, so there's limited history, and the strategy hasn't been an income payer. Any return shows up as price movement.

IMAR Holdings

As of Sep 22, 2026, 10:01 PM
Asset class
Stocks
Holdings
6
Top-10 weight
101%
Largest holding
EFA 02/26/2027 1.05 C97.8%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—EFA 02/26/2027 1.05 C97.77%9,907$103M1
002—EFA 02/26/2027 105.38 P3.05%9,907$3M1
003—US BANK MMDA - USBGFS 9 09/01/20370.31%324,119$324K161

Showing 1–3 of 3 holdings

IMAR Performance

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

IMAR$10,718
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. IMAR $10,718. 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 IMAR. Periods over one year show the average yearly return.
PeriodIMAR
Year to date+3.9%
1 month−1.0%
3 months+1.5%
1 year+7.2%
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 IMAR
YearReturn barIMAR
2026 YTD+3.9%
2025+18.9%
2024−0.8%

Since listing, Mar 1, 2024

IMAR in the news

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

IMAR Dividends

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

No distributions in the last 12 months.

IMAR Risk

How much the fund’s monthly returns vary, scaled to a year.
7.1%
Annualised · 29 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.
0.56
vs 3-month T-bills · 29 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.
−9.0%
30 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.

IMAR 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.

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