Innovator Intl Developed Power Buffer ETF
$37.17−0.47 (−1.25%)
- Expense ratio
- 0.85%
- Fund size
- $36M
- 1Y return
- +13.2%
- Yield · Last 12 months
- —
- Holdings
- 6
- Volume · 30D
- 0M sh
- NAV per share
- $37.17
- 52W range
The ETF.net INOV Grade
Score 48 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 38Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 51Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 66Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 51Category rank
Our read on INOV
CMost buffer ETFs hedge the S&P 500. This one hedges the rest of the developed world: it targets the return of the iShares MSCI EAFE ETF with the first 15% of losses absorbed, in exchange for a cap reset every November.
The Fund seeks to match the return of the iShares MSCI EAFE ETF, subject to a predetermined upside cap, while protecting the first 15% of losses during the outcome period.
Why people hold it
- Rare bird in the buffer aisle: the reference asset is the iShares MSCI EAFE ETF, so the defined-outcome machinery is pointed at Europe, Japan and Australia rather than US large caps.innovatoretfs.com
- The 15% downside buffer is written into the fund's own terms, not a manager's judgment call. Same rule every outcome period, whatever the market mood.
- November is this fund's slot in a 12-month ladder (IJAN through IDEC all run the same EAFE playbook), so entry dates can be staggered instead of hinging on one reset.
- At 0.85% a year, the fee lands right at the median for its buffered peer group. No surcharge for the international plumbing.
Worth knowing
- Upside is capped, and the cap is reset each November 1 for the following 12 months. Buying mid-period means taking whatever cap and remaining buffer exist that day, not the headline terms.
- Past the first 15%, losses pass straight through. The buffer is a cushion measured over the full outcome period, not a floor you can count on day to day.
- Small and thinly traded next to its siblings, so spreads and limit orders matter. Income isn't part of the design either; this structure has not been paying distributions.
INOV Holdings
- Stocks
- 6
- 100%
- EFA 10/30/2026 0.94 C
Sectors
INOV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | INOV |
|---|---|
| Year to date | +9.0% |
| 1 month | −0.9% |
| 3 months | +2.0% |
| 1 year | +13.2% |
| 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 | INOV |
|---|---|---|
| 2026 YTD | +9.0% | |
| 2025 | +20.6% | |
| 2024 | +5.9% | |
| 2023 | +7.7% |
INOV in the news
ETF.net Research hasn’t filed on INOV yet — coverage lands here as it’s written.
INOV Dividends
No distributions in the last 12 months.
INOV Risk
- 6.1%
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.
- 1.50
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.
- −8.0%
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.
- 0.29
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
INOV Cost
- The middle half of Developed International Buffer 15% funds
- Median 0.85%
10 of the 26 Developed International Buffer 15% funds charge less.