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EBUF vs TDEC

Innovator Emerging Markets 10 Buffer ETF

EBUFBNYSE Arca

FT Vest Emerging Markets Buffer ETF - December

TDECCCboe

Overlap

Expense ratio

EBUF −0.06pt a year

EBUF0.89%TDEC0.95%

Avg volume · 30D

EBUF 5.5×the volume

EBUF17.6KTDEC3.21K

EBUF vs TDEC Performance

Oct 31, 2025 – Oct 30, 2026

+7.7%EBUF+11.8%TDEC

Oct 31, 2025 to Oct 30, 2026. EBUF +7.7%. TDEC +11.8%. Use the arrow keys to read each point.0%5%15%Oct 2025Apr 2026Oct 2026
Expense ratio
EBUF 0.89%, better
TDEC 0.95%
Fund size
EBUF $46M
TDEC $15M
1Y total return
EBUF +7.7%
TDEC +11.8%, better
Holdings
EBUF 3
TDEC 3
Avg volume (30D)
EBUF 17.6K sh, better
TDEC 3.21K sh
NAV per share
EBUF $30.58
TDEC $26.43
52W range

ETF.net Grade

EBUF: Cost 47, Risk 82, Mission 100, Tradability 72, Holdings not scored, Durability 76. TDEC: Cost 17, Risk 73, Mission not scored, Tradability 63, Holdings not scored, Durability 71.
Pillar letters and Scores for EBUF, TDEC, with each pillar’s weight
PillarEBUFTDEC
Cost30% weightC47HigherF17
Mission25% weightA100Not scored
Risk15% weightA82HigherA73
Tradability15% weightA72HigherB63
Holdings10% weightNot scoredNot scored
Durability5% weightA76HigherA71

Rank among Emerging Markets Buffer funds

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

Same Category. EBUF and TDEC are both graded against the same 14 Emerging Markets Buffer funds, so their Grades compare head to head.

Emerging Markets Buffer⁠

Category · 14 funds
See all 14 ›

EBUF ranks 1st and TDEC 6th of 14 funds in the Emerging Markets Buffer Category.

  1. Rank 1BEBUFInnovator Emerging Markets 10 Buffer ETFScore 62
  2. Rank 2BEJANInnovator Emerging Markets Power Buffer ETF - JanuaryScore 61
  3. Rank 5CEAPRInnovator Emerging Markets Power Buffer ETF - AprilScore 54
  4. Rank 6CTDECFT Vest Emerging Markets Buffer ETF - DecemberScore 44
  5. Rank 7CTMARFT Vest Emerging Markets Buffer ETF - MarchScore 43

Our read on each fund

ETF.net Research

EBUFBInnovator Emerging Markets 10 Buffer ETF

TDECCFT Vest Emerging Markets Buffer ETF - December

In short

EBUF Buffer ETFs mostly babysit the S&P 500. EBUF points the same machinery at emerging markets: MSCI EM exposure in roughly three-month stretches, with a 10% downside buffer and an upside cap reset at the start of each period.

TDEC No data

Stated mandate

EBUF The Fund uses a defined-outcome strategy intended to replicate the performance of an ETF tracking the MSCI Emerging Markets Index over each approximately three-month period, subject to a maximum upside return and a 10% downside buffer.

TDEC No data

Why people hold it

  • EBUF The 10% buffer is written into the strategy, not a manager's judgment call. Each roughly three-month outcome period starts with a fresh buffer and a fresh cap.innovatoretfs.com
  • Quarterly reset, not annual: the cap gets repriced four times a year instead of being set once and lived with for twelve months.
  • The reference is a mainstream MSCI Emerging Markets index fund, so the exposure under the buffer is a known quantity, not a bespoke basket.innovatoretfs.com
  • 0.89% sits right at the median for buffer ETFs, and it is a 1940 Act fund rather than a bank note carrying issuer credit risk.

TDEC No data

Worth knowing

  • EBUF The buffer and cap apply over a full outcome period. Buy partway through and your actual protection and remaining upside differ from the headline terms.
  • A small fund that trades lightly, so bid-ask spreads can matter more than with a large, heavily traded ETF.
  • The options structure has not paid distributions, and upside is capped each period, so this is a shaped-return tool rather than an income or full-participation one.

TDEC No data

Full EBUF profile⁠

Full TDEC profile⁠

EBUF vs TDEC 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.

EBUF vs TDEC Cost

Overpaying TDEC vs EBUF

$997

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

  • EBUF 0.89%

    $16,872

  • TDEC 0.95%

    $17,869

$10,000
30 years

Cost over time

  • EBUF 0.89%
  • TDEC 0.95%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530TDEC $17,869EBUF $16,872

Year by year

YearEBUFTDECOverpaying
10$1,576$1,678$102
20$5,953$6,322$369
30$16,872$17,869$997

Expense ratio

  • 0.89%EBUF, cheaper
  • 0.95%TDEC
  • Middle half of Emerging Markets Buffer funds
  • Median 0.89%

EBUF 5th cheapest of 14 funds

TDEC 10th cheapest of 14 funds

EBUF vs TDEC Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
EBUF None
TDEC None

Distribution history

EBUFAll EBUF payments⁠

No distribution history available.

TDECAll TDEC payments⁠

No distribution history available.

EBUF vs TDEC Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
EBUF 5.5%since Aug 2024TDEC 8.6%since Jan 2025
Return per unit of riskSharpe ratio, 3 years
EBUF 0.85since Aug 2024TDEC 1.36since Jan 2025
Worst fallMax drawdown, 5 years
EBUF −6.5%since Jul 2024TDEC −10.3%since Dec 2024
Market sensitivityBeta, 5 years
EBUF 0.21TDEC 0.46

Popular comparisons

  • EBUFBvsEJANB

    Innovator Emerging Markets 10 Buffer ETF · Innovator Emerging Markets Power Buffer ETF - January

    Expense ratio
    0.89% · 0.89%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TDECCvsEJANB

    FT Vest Emerging Markets Buffer ETF - December · Innovator Emerging Markets Power Buffer ETF - January

    Expense ratio
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    Category
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  • EBUFBvsEOCTB

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    Expense ratio
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    Category
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  • TDECCvsEOCTB

    FT Vest Emerging Markets Buffer ETF - December · Innovator Emerging Markets Power Buffer ETF

    Expense ratio
    0.95% · 0.89%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • EBUFBvsEJULB

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    Expense ratio
    0.89% · 0.89%
    Category
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  • TDECCvsEJULB

    FT Vest Emerging Markets Buffer ETF - December · Innovator Emerging Markets Power Buffer ETF

    Expense ratio
    0.95% · 0.89%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.