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BUFF ETFs
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BUFF ETFs

Last updated Jul 25, 2024

https://www.innovatoretfs.com/define/etfs/#buffer

Asset Allocation

XBJA 25%XBAP 25%XBOC 25%XBJL 25%AlternativesAlternativesEquityEquity
PositionCategory/SectorWeight
XBAP
Innovator U.S. Equity Accelerated 9 Buffer ETF - April		Options Trading

25%

XBJA
Innovator U.S. Equity Accelerated 9 Buffer ETF - January		Options Trading

25%

XBJL
Innovator U.S. Equity Accelerated 9 Buffer ETF - July		Volatility Hedged Equity, Actively Managed

25%

XBOC
Innovator U.S. Equity Accelerated 9 Buffer ETF - October		Options Trading

25%

S&P 500

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in BUFF ETFs, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly

0.00%5.00%10.00%15.00%20.00%FebruaryMarchAprilMayJuneJuly
15.85%
12.56%
BUFF ETFs
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Jan 3, 2022, corresponding to the inception date of XBJA

Returns By Period

Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500		13.20%-1.28%10.32%18.23%12.31%10.58%
BUFF ETFs5.62%-0.20%4.42%11.24%N/AN/A
Portfolio components:
XBJA
Innovator U.S. Equity Accelerated 9 Buffer ETF - January		7.30%-0.09%5.70%11.54%N/AN/A
XBAP
Innovator U.S. Equity Accelerated 9 Buffer ETF - April		5.15%-0.46%4.15%10.01%N/AN/A
XBJL
Innovator U.S. Equity Accelerated 9 Buffer ETF - July		4.74%-0.55%3.59%10.06%N/AN/A
XBOC
Innovator U.S. Equity Accelerated 9 Buffer ETF - October		5.29%0.30%4.23%13.30%N/AN/A

Monthly Returns

The table below presents the monthly returns of BUFF ETFs, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.91%1.59%0.85%-0.73%2.09%1.01%5.62%
20234.84%-0.76%2.73%1.42%1.04%2.69%1.08%0.23%-1.04%-0.82%5.08%1.63%19.44%
2022-2.01%-1.23%2.50%-5.66%0.48%-5.51%6.45%-2.34%-6.49%5.59%3.99%-3.18%-8.17%

Expense Ratio

BUFF ETFs features an expense ratio of 0.79%, falling within the medium range. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.

XBJA
Innovator U.S. Equity Accelerated 9 Buffer ETF - January
Expense ratio chart for XBJA: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%
XBAP
Innovator U.S. Equity Accelerated 9 Buffer ETF - April
Expense ratio chart for XBAP: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%
XBJL
Innovator U.S. Equity Accelerated 9 Buffer ETF - July
Expense ratio chart for XBJL: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%
XBOC
Innovator U.S. Equity Accelerated 9 Buffer ETF - October
Expense ratio chart for XBOC: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of BUFF ETFs is 90, placing it in the top 10% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of BUFF ETFs is 9090
BUFF ETFs
The Sharpe Ratio Rank of BUFF ETFs is 9090Sharpe Ratio Rank
The Sortino Ratio Rank of BUFF ETFs is 9292Sortino Ratio Rank
The Omega Ratio Rank of BUFF ETFs is 9595Omega Ratio Rank
The Calmar Ratio Rank of BUFF ETFs is 8686Calmar Ratio Rank
The Martin Ratio Rank of BUFF ETFs is 9191Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

BUFF ETFs
Sharpe ratio
The chart of Sharpe ratio for BUFF ETFs, currently valued at 2.41, compared to the broader market-1.000.001.002.003.004.002.41
Sortino ratio
The chart of Sortino ratio for BUFF ETFs, currently valued at 3.56, compared to the broader market-2.000.002.004.006.003.56
Omega ratio
The chart of Omega ratio for BUFF ETFs, currently valued at 1.51, compared to the broader market0.801.001.201.401.601.801.51
Calmar ratio
The chart of Calmar ratio for BUFF ETFs, currently valued at 3.06, compared to the broader market0.002.004.006.008.003.06
Martin ratio
The chart of Martin ratio for BUFF ETFs, currently valued at 15.05, compared to the broader market0.0010.0020.0030.0040.0015.05
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.58, compared to the broader market-1.000.001.002.003.004.001.58
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.22, compared to the broader market-2.000.002.004.006.002.22
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.28, compared to the broader market0.801.001.201.401.601.801.28
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.29, compared to the broader market0.002.004.006.008.001.29
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 5.98, compared to the broader market0.0010.0020.0030.0040.005.98
Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
XBJA
Innovator U.S. Equity Accelerated 9 Buffer ETF - January		2.333.491.463.5016.83
XBAP
Innovator U.S. Equity Accelerated 9 Buffer ETF - April		1.782.561.372.299.52
XBJL
Innovator U.S. Equity Accelerated 9 Buffer ETF - July		1.662.371.351.837.39
XBOC
Innovator U.S. Equity Accelerated 9 Buffer ETF - October		3.475.511.944.2428.09

Sharpe Ratio

The current BUFF ETFs Sharpe ratio is 2.46. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Compared to the broad market, where average Sharpe ratios range from 1.24 to 1.94, this portfolio's current Sharpe ratio is in the top 25%, it signifies superior risk-adjusted performance. This means that for the level of risk undertaken, the portfolio is generating impressive returns compared to most others.

Use the chart below to compare the Sharpe ratio of BUFF ETFs with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.502.002.503.003.50FebruaryMarchAprilMayJuneJuly
2.41
1.58
BUFF ETFs
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

BUFF ETFs doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.

-5.00%-4.00%-3.00%-2.00%-1.00%0.00%FebruaryMarchAprilMayJuneJuly
-1.38%
-4.73%
BUFF ETFs
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the BUFF ETFs. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the BUFF ETFs was 13.97%, occurring on Oct 12, 2022. Recovery took 150 trading sessions.

The current BUFF ETFs drawdown is 1.28%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-13.97%Jan 4, 2022195Oct 12, 2022150May 18, 2023345
-3.6%Sep 15, 202331Oct 27, 20235Nov 3, 202336
-1.7%Apr 1, 202415Apr 19, 202411May 6, 202426
-1.4%Jul 31, 202314Aug 17, 20239Aug 30, 202323
-1.38%Jul 17, 20247Jul 25, 2024———

Volatility

Volatility Chart

The current BUFF ETFs volatility is 1.19%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

0.00%1.00%2.00%3.00%4.00%FebruaryMarchAprilMayJuneJuly
1.19%
3.80%
BUFF ETFs
Benchmark (^GSPC)
Portfolio components

Diversification

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.
XBAPXBOCXBJLXBJA
XBAP1.000.880.910.92
XBOC0.881.000.910.92
XBJL0.910.911.000.93
XBJA0.920.920.931.00
The correlation results are calculated based on daily price changes starting from Jan 4, 2022