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SFLR vs TRIO

Innovator Equity Managed Floor ETF

SFLRCNYSE Arca

MC Trio Equity Buffered ETF

TRIOCCboe

Overlap

0.0%by weight

Expense ratio

TRIO −0.19pt a year

SFLR0.89%TRIO0.70%

Avg volume · 30D

SFLR 154.0×the volume

SFLR225KTRIO1.46K

SFLR vs TRIO Performance

Nov 5, 2025 – Nov 5, 2026

+3.4%SFLR+7.3%TRIO

Nov 5, 2025 to Nov 5, 2026. SFLR +3.4%. TRIO +7.3%. Use the arrow keys to read each point.−5%−2.5%0%10%Nov 2025May 2026Nov 2026
Expense ratio
SFLR 0.89%
TRIO 0.70%, better
Fund size
SFLR $2.25B
TRIO $121M
1Y total return
SFLR +3.4%
TRIO +7.3%, better
Yield (12M)
SFLR 0.25%
TRIO No data
Holdings
SFLR 184
TRIO 7
Avg volume (30D)
SFLR 225K sh, better
TRIO 1.46K sh
NAV per share
SFLR $39.12
TRIO $64.58
52W range

ETF.net Grade

SFLR: Cost 24, Risk 59, Mission not scored, Tradability 78, Holdings 70, Durability 87. TRIO: Cost 66, Risk 30, Mission not scored, Tradability 38, Holdings not scored, Durability 48.
Pillar letters and Scores for SFLR, TRIO, with each pillar’s weight
PillarSFLRTRIO
Cost30% weightF24B66Higher
Mission25% weightNot scoredNot scored
Risk15% weightB59HigherD30
Tradability15% weightA78HigherD38
Holdings10% weightA70Not scored
Durability5% weightA87HigherC48

Rank among Managed Floor funds

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

Same Category. SFLR and TRIO are both graded against the same 5 Managed Floor funds, so their Grades compare head to head.

Managed Floor⁠

Category · 5 funds
See all 5 ›

SFLR ranks 1st and TRIO 2nd of 5 funds in the Managed Floor Category.

  1. Rank 1CSFLRInnovator Equity Managed Floor ETFScore 51
  2. Rank 2CTRIOMC Trio Equity Buffered ETFScore 49
  3. Rank 3CQFLRInnovator Nasdaq-100 Managed Floor ETFScore 44

Our read on each fund

ETF.net Research

SFLRCInnovator Equity Managed Floor ETF

TRIOCMC Trio Equity Buffered ETF

In short

SFLR Most protected-equity funds run on a calendar: show up on reset day or take what's left. SFLR ladders one-year options so the hedge is always rolling, and sells short-dated calls to pay for it, on top of a basket of US large caps.

TRIO No data

Stated mandate

SFLR The fund seeks risk-managed exposure to U.S. large-cap companies through a hedging strategy. It uses laddered one-year Flex Options and systematic short-dated call selling to pursue equity-market upside while mitigating losses.

TRIO No data

Why people hold it

  • SFLR The ladder is the whole idea: staggered one-year FLEX options keep the hedge rolling, so there is no single outcome-period start date to time your entry around.innovatoretfs.com
  • You own the shares, not a synthetic stand-in. Roughly 200 US large caps sit underneath, referenced to the Solactive GBS United States 500 Index, with options layered on top.innovatoretfs.com
  • Systematic call selling funds the hedge instead of a fixed upfront drag, and the fund makes distributions on a quarterly schedule.innovatoretfs.com
  • Live since 2022 and one of the larger funds in the floor-and-protection aisle, which shows up as steady day-to-day tradability. Standing sits in the upper half of that peer group.

TRIO No data

Worth knowing

  • SFLR Those calls get paid for somewhere: upside in a fast rally is trimmed. This is a smoother ride than the index, not a full share of it.innovatoretfs.com
  • 0.89% a year lands at the floor cohort's median, not the front of it. CPRY, CPRJ and CPRO run 0.69%, FLJJ 0.74%.
  • The floor is an objective pursued with options, not a guarantee, and the record since the 2022 launch is short by full-market-cycle standards.

TRIO No data

Full SFLR profile⁠

Full TRIO profile⁠

SFLR vs TRIO Holdings

How SFLR and TRIO differ

Overlap by weight

0.0%

Level by level

  • Holdings0 in both0.0%
  • Countryby domicile85.2%
  • Sector11 Sectors87.3%
  • Asset classStocks100%

Sector

Sector weights in SFLR and TRIO, widest gap first
SectorMore in SFLRMore in TRIOGap
TechnologySFLR +9.3 points
FinancialsTRIO +4.1 points
CommunicationSFLR +3.4 points
Health CareTRIO +2.8 points
IndustrialsTRIO +2.3 points
Real EstateTRIO +1.1 points
EnergyTRIO +0.9 points
MaterialsTRIO +0.7 points
Consumer StaplesTRIO +0.4 points
UtilitiesTRIO +0.3 points
Consumer DiscretionarySame weight

Country, concentration and asset class

Country by domicile

Country weights in SFLR and TRIO, widest gap first
CountryMore in SFLRMore in TRIOGap
United StatesSFLR +14.6 points
JapanTRIO +3.6 points
United KingdomTRIO +2.0 points
SwitzerlandTRIO +1.7 points
GermanyTRIO +1.3 points
FranceTRIO +1.2 points
AustraliaTRIO +1.0 points
NetherlandsTRIO +0.9 points
Other countries (19)TRIO +2.9 points

Concentration

Weight in the 10 largest Holdings

  • SFLR37.9%
  • TRIO102.7%

Securities held

  • SFLR184
  • TRIO7

Asset class

SFLR
Stocks
TRIO
Stocks

Holdings

  • Only in SFLR184
  • In both0
  • Only in TRIO7

Only in SFLR

184 securities, 100% of SFLR by weight

  • Apple Inc7.71%
  • NVIDIA Corp6.98%
  • Microsoft Corp6.04%

Only in TRIO

7 securities, 100% of TRIO by weight

  • Spy 06/17/2027 7.5 C68.62%
  • Iwm 12/18/2026 2.52 C15.61%
  • Efa 06/17/2027 1.09 C14.18%

Weight gaps

SFLR and TRIO share no securities.

All 187 SFLR holdings⁠All TRIO 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.

SFLR vs TRIO Cost

Overpaying SFLR vs TRIO

$3,266

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

  • SFLR 0.89%

    $16,872

  • TRIO 0.70%

    $13,606

$10,000
30 years

Cost over time

  • SFLR 0.89%
  • TRIO 0.70%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530SFLR $16,872TRIO $13,606

Year by year

YearSFLRTRIOOverpaying
10$1,576$1,250$326
20$5,953$4,760$1,193
30$16,872$13,606$3,266

Expense ratio

  • 0.89%SFLR
  • 0.70%TRIO, cheaper
  • Middle half of Managed Floor funds
  • Median 0.89%

TRIO 2nd cheapest of 5 funds

SFLR 3rd cheapest of 5 funds

SFLR vs TRIO Dividends

Last 12 months to Nov 5, 2026
Yield (12M)
SFLR 0.25%
TRIO No data
Payout (12M)
SFLR $0.10
TRIO No data
Last payment
SFLR $0.02
TRIO $5.50
Ex-dividend
SFLR Sep 30, 2026
TRIO Dec 23, 2025
Paid on
SFLR Oct 2, 2026
TRIO Dec 24, 2025
Frequency
SFLR Quarterly
TRIO Irregular

Distribution history

Per share, 2022 to 2026, same scale for both

SFLRQuarterly · 16 paymentsAll SFLR payments⁠
One bar per payment. 16 payments from 2022 to 2026 YTD. Dec 29, 2022 $0.01; Mar 30, 2023 $0.04; Jun 29, 2023 $0.07; Sep 28, 2023 $0.03; Dec 28, 2023 $0.17; Mar 27, 2024 $0.03; Jun 28, 2024 $0.03; Sep 30, 2024 $0.04; Dec 31, 2024 $0.04; Mar 31, 2025 $0.03; Jun 30, 2025 $0.04; Sep 30, 2025 $0.03; Dec 31, 2025 $0.02; Mar 31, 2026 $0.03; Jun 30, 2026 $0.02; Sep 30, 2026 $0.02. Use the arrow keys to read each point.$0$520232026YTD
TRIOIrregular · 1 paymentAll TRIO payments⁠
One bar per payment. 1 payment from 2022 to 2026 YTD. Dec 23, 2025 $5.50. Use the arrow keys to read each point.$0$520232026YTD

SFLR vs TRIO Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
SFLR 8.8%TRIO 5.6%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
SFLR 1.26TRIO 1.47since Apr 2025
Worst fallMax drawdown, 5 years
SFLR −12.1%since Nov 2022TRIO −9.9%since Mar 2025
Market sensitivityBeta, 5 years
SFLR 0.68TRIO 0.52

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