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BUFI vs IMAR

AB International Buffer ETF

BUFIBNasdaq

Innovator Intl Developed Power Buffer ETF

IMARCNYSE Arca

Overlap

0.0%by weight

Expense ratio

BUFI −0.16pt a year

BUFI0.69%IMAR0.85%

Avg volume · 30D

BUFI 1.1×the volume

BUFI11.8KIMAR10.4K

BUFI vs IMAR Performance

Oct 31, 2025 – Nov 2, 2026

+6.6%BUFI+4.5%IMAR

Oct 31, 2025 to Nov 2, 2026. BUFI +6.6%. IMAR +4.5%. Use the arrow keys to read each point.−2.5%0%2.5%10%Oct 2025May 2026Nov 2026
Expense ratio
BUFI 0.69%, better
IMAR 0.85%
Fund size
BUFI $137M
IMAR $104M
1Y total return
BUFI +6.6%, better
IMAR +4.5%
Holdings
BUFI 4
IMAR 3
Avg volume (30D)
BUFI 11.8K sh, better
IMAR 10.4K sh
NAV per share
BUFI $41.81
IMAR $30.40
52W range

ETF.net Grade

BUFI: Cost 84, Risk 42, Mission not scored, Tradability 54, Holdings not scored, Durability 54. IMAR: Cost 38, Risk 27, Mission not scored, Tradability 58, Holdings not scored, Durability 66.
Pillar letters and Scores for BUFI, IMAR, with each pillar’s weight
PillarBUFIIMAR
Cost30% weightA84HigherD38
Mission25% weightNot scoredNot scored
Risk15% weightC42HigherD27
Tradability15% weightC54B58Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC54B66Higher

Rank among Developed International Buffer 15% funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BUFI and IMAR are both graded against the same 26 Developed International Buffer 15% funds, so their Grades compare head to head.

Developed International Buffer 15%⁠

Category · 26 funds
See all 26 ›

BUFI ranks 1st and IMAR 16th of 26 funds in the Developed International Buffer 15% Category.

  1. Rank 1BBUFIAB International Buffer ETFScore 65
  2. Rank 2BQBIFAllianzIM International Equity Buffer15 ETFScore 63
  3. Rank 16CARLIAllianzIM International Equity Buffer15 Uncapped Apr ETFScore 42
  4. Rank 16CIMARInnovator Intl Developed Power Buffer ETFScore 42
  5. Rank 16CJANIAllianzIM International Equity Buffer15 Uncapped Jan ETFScore 42

Our read on each fund

ETF.net Research

BUFIBAB International Buffer ETF

IMARCInnovator Intl Developed Power Buffer ETF

In short

BUFI No data

IMAR Buffered 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

BUFI No data

IMAR 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

BUFI No data

  • IMAR The 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
  • Defined-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.
  • At 0.85% it sits right at the median for buffered EAFE funds and below the 0.90% charged by siblings like YMAR and YSEP.
  • Execution 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

BUFI No data

  • IMAR The 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.
  • Buy 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
  • Launched in 2024, so there's limited history, and the strategy hasn't been an income payer. Any return shows up as price movement.

Full BUFI profile⁠

Full IMAR profile⁠

BUFI vs IMAR Holdings

How BUFI and IMAR differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of BUFI and 0.0% of IMAR.

Level by level

  • Asset classAlternatives, Equity0.0%
  • Holdings0 in both0.0%
  • Countryby domicile100%

Sector

No Sector split for IMAR.

Country, concentration and asset class

Country by domicile

Country weights in BUFI and IMAR, widest gap first
CountryMore in BUFIMore in IMAR
JapanSame weight
United KingdomSame weight
SwitzerlandSame weight
GermanySame weight
FranceSame weight
AustraliaSame weight
NetherlandsSame weight
SpainSame weight
Other countries (17)Same weight

Outside the US: BUFI 99% developed, 1% emerging. IMAR 99% developed, 1% emerging.

Concentration

Weight in the 10 largest Holdings

  • BUFI102.2%
  • IMAR100.9%

Securities held

  • BUFI3
  • IMAR3

Asset class

BUFI
Alternatives
IMAR
Equity

Holdings

  • Only in BUFI3
  • In both0
  • Only in IMAR3

Only in BUFI

3 securities, 100% of BUFI by weight

  • 4EFA 01/29/27 C0.52 4EFA 01/29/27 C0.5298.90%
  • 4EFA 01/29/27 P102.89 4EFA 01/29/27 P102.892.97%
  • Alliancebernstein Govt Stif Ssc Fund 64BA Agis 5870.36%

Only in IMAR

3 securities, 100% of IMAR by weight

  • Efa 02/26/2027 1.05 C96.45%
  • Efa 02/26/2027 105.38 P4.09%
  • Us Bank Mmda - Usbgfs 9 09/01/20370.33%

Weight gaps

BUFI and IMAR share no securities.

All BUFI holdings⁠All 6 IMAR holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BUFI vs IMAR Cost

Overpaying IMAR vs BUFI

$2,770

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BUFI 0.69%

    $13,429

  • IMAR 0.85%

    $16,199

$10,000
30 years

Cost over time

  • BUFI 0.69%
  • IMAR 0.85%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530IMAR $16,199BUFI $13,429

Year by year

YearBUFIIMAROverpaying
10$1,232$1,508$276
20$4,697$5,706$1,009
30$13,429$16,199$2,770

Expense ratio

  • 0.69%BUFI, cheaper
  • 0.85%IMAR
  • Middle half of Developed International Buffer 15% funds
  • Median 0.85%

BUFI 5th cheapest of 26 funds

IMAR 11th cheapest of 26 funds

BUFI vs IMAR Dividends

Last 12 months to Nov 2, 2026
Payout (12M)
BUFI None
IMAR None

Distribution history

BUFIAll BUFI payments⁠

No distribution history available.

IMARAll IMAR payments⁠

No distribution history available.

BUFI vs IMAR Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BUFI 5.7%since Jan 2025IMAR 7.1%since Apr 2024
Return per unit of riskSharpe ratio, 3 years
BUFI 1.21since Jan 2025IMAR 0.34since Apr 2024
Worst fallMax drawdown, 5 years
BUFI −7.4%since Dec 2024IMAR −9.0%since Mar 2024
Market sensitivityBeta, 5 years
BUFI 0.24IMAR 0.32

Popular comparisons

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    Expense ratio
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