Innovator S&P 500 Buffer ETF - February (BFEB) Sharpe Ratio: 2.09

BFEB's Sharpe Ratio of 2.09 indicates that for each unit of volatility, it generates 2.09 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 14, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

BFEB Sharpe Ratio Rank

Exceptional

BFEB ranks above 82.7% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

Strong returns with low total volatility → Higher rank
High volatility (both upside and downside) → Lower rank
Consistent returns → Higher rank than volatile returns of same magnitude
Sharp drawdowns increase volatility → Lower rank

What you can do with this information

Suitable as a core holding given strong risk-adjusted returns
Monitor rank changes to detect deteriorating return-to-volatility profile
Exceptional Sharpe ratio supports larger position sizes
Compare with category peers to assess whether strength is investment-specific or category-wide

BFEB Sharpe Ratio Market Positioning

The chart shows BFEB's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

Red zone (bottom 25%): 0.73 or lower
Yellow zone (middle 50%): 0.73 to 1.91
Green zone (top 25%): 1.91 or higher
Top 1%: 6.47+
Median: 1.39 — half of all investments score higher

How it compares to other similar ETFs

The table compares Innovator S&P 500 Buffer ETF - February's Sharpe Ratio with other ETFs in the Options Trading, S&P 500 category across multiple time periods, showing how BFEB's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 14, 2026.

Symbol	Name	1Y Sharpe Ratio
LAPR	Innovator Premium Income 15 Buffer ETF - April	5.12
CPSP	Calamos S&P 500 Structured Alt Protection ETF - April	4.74
APRW	AllianzIM U.S. Large Cap Buffer20 Apr ETF	4.19
APRJ	Innovator Premium Income 30 Barrier ETF - April	3.99
PMMY	PGIM S&P 500 Max Buffer ETF - May	3.93
XIMR	FT Vest U.S. Equity Buffer & Premium Income ETF - March	3.82
XMAR	FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - March	3.76
PBAP	PGIM US Large-Cap Buffer 20 ETF - April	3.68
DMAR	FT Cboe Vest U.S. Equity Deep Buffer ETF - March	3.51
GMAR	FT Cboe Vest U.S. Equity Moderate Buffer ETF - March	3.46
BFEB	Innovator S&P 500 Buffer ETF - February	2.09

Benchmark Against

Benchmark

S&P 500 Index

Lookback Period

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Historical Sharpe Ratio

The chart shows BFEB's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when BFEB consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does BFEB fit in your portfolio?

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