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ISEP vs QBIF

Innovator Intl Developed Power Buffer ETF

ISEPBNYSE Arca

AllianzIM International Equity Buffer15 ETF

QBIFBCboe

Overlap

Expense ratio

QBIF −0.11pt a year

ISEP0.85%QBIF0.74%

Avg volume · 30D

ISEP 7.8×the volume

ISEP22.8KQBIF2.9K

ISEP vs QBIF Performance

Jul 31, 2026 – Oct 30, 2026

−0.8%ISEP−1.2%QBIF

Jul 31, 2026 to Oct 30, 2026. ISEP −0.8%. QBIF −1.2%. Use the arrow keys to read each point.0%1%2%Jul 2026Sep 2026Oct 2026
Expense ratio
ISEP 0.85%
QBIF 0.74%, better
Fund size
ISEP $106M
QBIF $9M
1Y total return
ISEP +9.2%
QBIF No data
Holdings
ISEP 3
QBIF 3
Avg volume (30D)
ISEP 22.8K sh, better
QBIF 2.9K sh
NAV per share
ISEP $34.89
QBIF $26.00
52W range

ETF.net Grade

ISEP: Cost 38, Risk 52, Mission 62, Tradability 81, Holdings not scored, Durability 70. QBIF: Cost 78, Risk 76, Mission not scored, Tradability 35, Holdings 55, Durability 26.
Pillar letters and Scores for ISEP, QBIF, with each pillar’s weight
PillarISEPQBIF
Cost30% weightD38A78Higher
Mission25% weightB62Not scored
Risk15% weightC52A76Higher
Tradability15% weightA81HigherD35
Holdings10% weightNot scoredB55
Durability5% weightA70HigherD26

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. ISEP and QBIF 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 ›

QBIF ranks 2nd and ISEP 7th 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 3BIAUGInnovator Intl Developed Power Buffer ETFScore 58
  4. Rank 7CIJUNInnovator International Developed Power Buffer ETF - JuneScore 53
  5. Rank 7BISEPInnovator Intl Developed Power Buffer ETFScore 53
  6. Rank 7CQBIVAllianzIM International Equity Buffer5 ETFScore 53

Our read on each fund

ETF.net Research

ISEPBInnovator Intl Developed Power Buffer ETF

QBIFBAllianzIM International Equity Buffer15 ETF

In short

ISEP Buffers are everywhere on the S&P 500, far rarer overseas. ISEP wraps the big MSCI EAFE developed-markets fund and absorbs the first 15% of losses over a one-year outcome period that resets each September, with upside capped in return.

QBIF No data

Stated mandate

ISEP The fund seeks defined-outcome exposure to the iShares MSCI EAFE ETF (EFA), providing upside participation up to a cap while protecting against the first 15% of losses during the annual outcome period.

QBIF No data

Why people hold it

  • ISEP The 15% buffer is written into the fund's own terms, not a hope: it covers the first slice of reference-fund losses across a defined one-year period that resets every September 1.
  • Foreign-stock exposure, not another S&P 500 clone: the reference asset is the iShares MSCI EAFE ETF, the standard developed-markets basket outside the US.
  • Fee of 0.85% sits right at the median for developed-market buffer funds and under the 0.90% charged by some funds tracking the same reference (YSEP, YDEC).
  • One of the stronger builds in a crowded 17-fund buffer group, and part of a monthly series on the same reference, so start dates can be laddered across the calendar.

QBIF No data

Worth knowing

  • ISEP The trade for the buffer is a ceiling. The cap is reset each September from option prices at that moment, so how much upside you hand over changes period to period.
  • Buying mid-period is a different deal than buying at the reset: how much buffer and cap remain depends on where the reference fund has moved since September 1.
  • Trading is thin next to plain index funds, so spreads can be wider and patient limit orders matter more, especially in size.

QBIF No data

Full ISEP profile⁠

Full QBIF profile⁠

ISEP vs QBIF 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.

ISEP vs QBIF Cost

Overpaying ISEP vs QBIF

$1,892

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

  • ISEP 0.85%

    $16,199

  • QBIF 0.74%

    $14,307

$10,000
30 years

Cost over time

  • ISEP 0.85%
  • QBIF 0.74%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530ISEP $16,199QBIF $14,307

Year by year

YearISEPQBIFOverpaying
10$1,508$1,319$189
20$5,706$5,015$691
30$16,199$14,307$1,892

Expense ratio

  • 0.85%ISEP
  • 0.74%QBIF, cheaper
  • Middle half of Developed International Buffer 15% funds
  • Median 0.85%

QBIF 6th cheapest of 26 funds

ISEP 11th cheapest of 26 funds

ISEP vs QBIF Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
ISEP None
QBIF None

Distribution history

ISEPAll ISEP payments⁠

No distribution history available.

QBIFAll QBIF payments⁠

No distribution history available.

ISEP vs QBIF Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ISEP 7.6%QBIF No data
Return per unit of riskSharpe ratio, 3 years
ISEP 1.09QBIF No data
Worst fallMax drawdown, 5 years
ISEP −7.4%since Sep 2023QBIF No data
Market sensitivityBeta, 5 years
ISEP 0.36QBIF 0.03

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