IAUG vs YMAR: Grades, Fees and Holdings Compared

Innovator Intl Developed Power Buffer ETF

IAUGBNYSE Arca

FT Vest International Equity Moderate Buffer ETF – March

YMARCCboe

Overlap

0.0%by weight

Expense ratio

IAUG −0.05pt a year

IAUG0.85%YMAR0.90%

Avg volume · 30D

IAUG 3.3×the volume

IAUG25.8KYMAR7.72K

IAUG vs YMAR Performance

Oct 31, 2025 – Oct 30, 2026

+8.0%IAUG+9.9%YMAR

Expense ratio: IAUG 0.85%, better; YMAR 0.90%
Fund size: IAUG $80M; YMAR $163M
1Y total return: IAUG +8.0%; YMAR +9.9%, better
Holdings: IAUG 3; YMAR 3
Avg volume (30D): IAUG 25.8K sh, better; YMAR 7.72K sh
NAV per share: IAUG $30.19; YMAR $29.03
52W range

ETF.net Grade

Pillar letters and Scores for IAUG, YMAR, with each pillar’s weight
Pillar	IAUG	YMAR
Cost30% weight	D38Higher	F6
Mission25% weight	A96	Not scored
Risk15% weight	A78Higher	A76
Tradability15% weight	A76Higher	B66
Holdings10% weight	Not scored	B60
Durability5% weight	B63	A83Higher

Rank among Developed International Buffer 15% funds

How we build Categories ›

Same Category. IAUG and YMAR 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 ›

IAUG ranks 3rd and YMAR 16th of 26 funds in the Developed International Buffer 15% Category.

Rank 1BBUFIAB International Buffer ETFScore 65
Rank 2BQBIFAllianzIM International Equity Buffer15 ETFScore 63
Rank 3BIAUGInnovator Intl Developed Power Buffer ETFScore 58
Rank 4BIJULInnovator Intl Developed Power Buffer ETFScore 55
Rank 16CJANIAllianzIM International Equity Buffer15 Uncapped Jan ETFScore 42
Rank 16CYMARFT Vest International Equity Moderate Buffer ETF – MarchScore 42
Rank 20CIDAUCorgi International Developed Equities 15% Structured Buffer ETF - August SeriesScore 40

Our read on each fund

ETF.net Research

IAUGBInnovator Intl Developed Power Buffer ETF

YMARCFT Vest International Equity Moderate Buffer ETF – March

In short

IAUG Downside padding for foreign stocks instead of the usual S&P 500 target. IAUG shadows the iShares MSCI EAFE ETF, absorbs the first 15% of a year's losses, and trades away upside above a cap reset every August 1.

YMAR Most buffer ETFs aim at the S&P 500. This one points the same machinery overseas: it tracks the price move of the iShares MSCI EAFE ETF with a 15% downside buffer and a preset cap over each March-to-March year.

Stated mandate

IAUG The Fund seeks to match the return of its underlying ETF up to a predetermined upside cap while protecting against the first 15% of underlying ETF losses during the outcome period.

YMAR The Fund seeks to match the pre-expense price return of the iShares MSCI EAFE ETF, subject to a 15.82% upside cap and protection against the first 15% of losses during the March 23, 2026–March 19, 2027 outcome period.

Why people hold it

IAUG The deal is written down in advance: match the reference ETF's return up to a preset cap, with the first 15% of its losses absorbed over an outcome period running August 1 to July 31.innovatoretfs.com
One rung in a 12-month ladder on the same EAFE exposure (IJUL, ISEP, IOCT and the rest), so entry points can be staggered rather than pinned to a single reset date.innovatoretfs.com
At 0.85% a year, it charges the same as the median fund in its buffered-international peer group. No premium for the international twist.

YMAR Buffer funds cluster around US large caps. This one runs the trade abroad: the price return of the iShares MSCI EAFE ETF, first 15% of losses absorbed, upside capped.ftportfolios.com
Terms are written down in advance: a 15% buffer, a cap set each March, a one-year period. First Trust posts where the cap and remaining buffer stand as the period runs.ftportfolios.com
March is one of four start months in the series (June, September and December fill the rest), so entry dates can be laddered instead of hinging on one reset.ftportfolios.com

Worth knowing

IAUG Thinly traded with a small asset base, which usually means wider bid-ask spreads than the big buffer funds carry.
The 15% buffer and the cap are engineered for investors who hold the full outcome period. Buy mid-period and your actual cushion and ceiling differ from the headline terms.innovatoretfs.com
An options-built structure aimed at price outcomes, not cash flow. Distributions have not been part of the picture.

YMAR At 0.90% it sits above the 0.85% cohort median, and Innovator's same-index March buffer fund (IMAR) charges 0.85%.
Buffer and cap are before fees and apply to a full March-to-March period. Buy or sell mid-period and both the cushion and the remaining upside differ.ftportfolios.com
It follows price return only, so EAFE dividends don't pass through, and it trades lightly next to the biggest buffer funds, which can widen spreads.

Full IAUG profile⁠

Full YMAR profile⁠

IAUG vs YMAR Holdings

How IAUG and YMAR differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of IAUG and 0.0% of YMAR.

Level by level

Holdings0 in both0.0%
Countryby domicile100%
Sector11 Sectors100%

Sector

Sector weights in IAUG and YMAR, widest gap first
Sector	More in IAUGMore in YMAR	IAUG	YMAR
Financials	Same weight	26.1%	26.1%
Industrials	Same weight	18.7%	18.7%
Technology	Same weight	12.0%	12.0%
Health Care	Same weight	10.1%	10.1%
Consumer Discretionary	Same weight	7.1%	7.1%
Consumer Staples	Same weight	6.4%	6.4%
Materials	Same weight	5.8%	5.8%
Communication	Same weight	4.7%	4.7%
Energy	Same weight	4.0%	4.0%
Utilities	Same weight	3.6%	3.6%
Real Estate	Same weight	1.5%	1.5%

Country, concentration and asset class

Country by domicile

Country weights in IAUG and YMAR, widest gap first
Country	More in IAUGMore in YMAR	IAUG	YMAR
Japan	Same weight	24.3%	24.3%
United Kingdom	Same weight	14.1%	14.1%
Switzerland	Same weight	10.2%	10.2%
Germany	Same weight	8.8%	8.8%
France	Same weight	8.3%	8.3%
Australia	Same weight	6.7%	6.7%
Netherlands	Same weight	6.0%	6.0%
Spain	Same weight	3.7%	3.7%
Other countries (17)	Same weight	18.0%	18.0%

Outside the US: IAUG 99% developed, 1% emerging. YMAR 99% developed, 1% emerging.

Concentration

Weight in the 10 largest Holdings

IAUG102.2%
YMAR102.4%

Securities held

IAUG3
YMAR2

Asset class

IAUG: Equity
YMAR: Multi-Asset

Holdings

Only in IAUG3
In both0
Only in YMAR2

Only in IAUG

3 securities, 100% of IAUG by weight

Efa 07/30/2027 1.06 C96.25%
Efa 07/30/2027 105.58 P5.67%
Us Bank Mmda - Usbgfs 9 09/01/20370.28%

Only in YMAR

2 securities, 100% of YMAR by weight

2027-03-19 iShares MSCI EAFE ETF C 0.94100.53%
2027-03-19 iShares MSCI EAFE ETF P 93.591.28%

Weight gaps

IAUG and YMAR share no securities.

All 6 IAUG holdings⁠All 4 YMAR 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.

IAUG vs YMAR Cost

Overpaying YMAR vs IAUG

$841

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

IAUG 0.85%
$16,199
YMAR 0.90%
$17,040

Amount$10,000

Years30 years

Cost over time

IAUG 0.85%
YMAR 0.90%
Overpaying

Year by year

Year	IAUG	YMAR	Overpaying
10	$1,508	$1,593	$85
20	$5,706	$6,015	$309
30	$16,199	$17,040	$841

Expense ratio

0.85%IAUG, cheaper
0.90%YMAR

IAUG0.85%YMAR0.90%

0.30%0.90%

Middle half of Developed International Buffer 15% funds
Median 0.85%

IAUG 11th cheapest of 26 funds

YMAR 23rd cheapest of 26 funds

IAUG vs YMAR Dividends

Last 12 months to Oct 30, 2026

Payout (12M): IAUG None; YMAR None

Distribution history

IAUGAll IAUG payments⁠

No distribution history available.

YMARAll YMAR payments⁠

No distribution history available.

IAUG vs YMAR Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: IAUG 6.3%since Sep 2024YMAR 6.6%
Return per unit of riskSharpe ratio, 3 years: IAUG 0.63since Sep 2024YMAR 1.27
Worst fallMax drawdown, 5 years: IAUG −8.0%since Aug 2024YMAR −22.6%
Market sensitivityBeta, 5 years: IAUG 0.25YMAR 0.40; Market = 1

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