Innovator Buffer Step-Up Strategy ETF (BSTP) belongs to the Options Trading category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with BSTP. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BSTP
BSTP charges 0.89% annually. There are 122 ETFs in the Options Trading category with lower expense ratios, going as low as 0.29%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Hedged Equity ETF | 0.29% | 137.24M | Oct 2023 | BSTP vs PHEQ | |
| iShares 20+ Year Treasury Bond BuyWrite Strategy E... | 0.35% | 1.97B | Jun 2022 | BSTP vs TLTW | |
| Amplify BlackSwan ISWN ETF | 0.49% | 36.93M | Jan 2021 | BSTP vs ISWN | |
| iShares Large Cap Moderate Buffer ETF | 0.50% | 166.70M | Jun 2023 | BSTP vs IVVM | |
| iShares Large Cap Deep Buffer ETF | 0.50% | 128.70M | Jun 2023 | BSTP vs IVVB |
Best Risk-Adjusted Alternatives to BSTP
BSTP has a PortfoliosLab risk / return rank of 65. There are 101 ETFs in the Options Trading category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 99 | — | Mar 2024 | BSTP vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | 98 | 32.67M | Mar 2023 | BSTP vs APRJ | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | 98 | 198.32M | May 2020 | BSTP vs APRW | |
| FT Cboe Vest U.S. Equity Enhance & Moderate Buffer... | 98 | — | Apr 2024 | BSTP vs XAPR | |
| PGIM US Large-Cap Buffer 12 ETF - April | 98 | — | Mar 2024 | BSTP vs APRP |
Top Performing BSTP Alternatives (YTD)
BSTP is at 6.07% YTD. There are 47 ETFs in the Options Trading category with higher YTD returns, going as high as 110.49%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax AMD Option Income Strategy ETF | 110.49% | 367.33M | Sep 2023 | BSTP vs AMDY | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | 19.07% | 189.73M | Sep 2023 | BSTP vs QQQY | |
| LHA Market State Tactical Q ETF | 17.40% | 32.01M | Mar 2022 | BSTP vs MSTQ | |
| Roundhill Innovation-100 0DTE Covered Call Strateg... | 16.58% | 880.92M | Mar 2024 | BSTP vs QDTE | |
| YieldMax NVDA Option Income Strategy ETF | 13.06% | 1.45B | May 2023 | BSTP vs NVDY |
Lowest Volatility Alternatives to BSTP
BSTP has 7.93% 1-year volatility. There are 108 ETFs in the Options Trading category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 10 Barrier ETF - April | 0.00% | 9.42M | Mar 2023 | BSTP vs APRD | |
| Innovator Premium Income 40 Barrier ETF - October | 0.00% | 7.17M | Sep 2023 | BSTP vs OCTQ | |
| Innovator Premium Income 9 Buffer ETF - October | 0.00% | 5.96M | Sep 2023 | BSTP vs HOCT | |
| Innovator Premium Income 40 Barrier ETF - April | 0.00% | 19.28M | Mar 2023 | BSTP vs APRQ | |
| Innovator Premium Income 40 Barrier ETF - July | 0.00% | 6.82M | Jun 2023 | BSTP vs JULQ |
Lowest Drawdown Alternatives to BSTP
BSTP has a 1-year max drawdown of -6.23%. There are 102 ETFs in the Options Trading category with shallower 1-year drawdowns, going as shallow as -0.20%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 30 Barrier ETF - April | -0.20% | 32.67M | Mar 2023 | BSTP vs APRJ | |
| Innovator Premium Income 15 Buffer ETF - April | -0.24% | — | Mar 2024 | BSTP vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - July | -0.61% | 15.66M | Jun 2023 | BSTP vs JULJ | |
| FT Cboe Vest U.S. Equity Enhance & Moderate Buffer... | -0.66% | — | Apr 2024 | BSTP vs XAPR | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | -0.75% | 198.32M | May 2020 | BSTP vs APRW |
Other ETFs from Innovator
The 10 most viewed Innovator ETFs shown here include BALT, FFTY, BUFF and span 5 categories. AUM among these funds goes as high as $2B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Innovator Defined Wealth Shield ETF | Defined Outcome | 92 | 1.91% | 2.46B | Jun 2021 | BSTP vs BALT | |
| Innovator IBD 50 ETF | Large Cap Growth Equities | 30 | 20.11% | 89.40M | Apr 2015 | BSTP vs FFTY | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 86 | 5.42% | 869.87M | Oct 2016 | BSTP vs BUFF | |
| Innovator Equity Managed Floor ETF | Options Trading | 64 | 5.55% | 2.00B | Nov 2022 | BSTP vs SFLR | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 71 | 28.21% | 219.47M | Jul 2018 | BSTP vs LOUP | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 79 | 5.13% | 1.52B | Jan 2019 | BSTP vs PJAN | |
| Innovator U.S. Equity Buffer ETF - April | Defined Outcome | 96 | 10.81% | 401.85M | Mar 2019 | BSTP vs BAPR | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 87 | 4.74% | 1.00B | Aug 2018 | BSTP vs PJUL | |
| Innovator Nasdaq-100 Managed Floor ETF | Nasdaq-100, Options Trading | 74 | 6.90% | 527.81M | Jan 2024 | BSTP vs QFLR | |
| Innovator U.S. Equity Power Buffer ETF October | Defined Outcome | 75 | 5.33% | 1.02B | Sep 2018 | BSTP vs POCT |
Often Compared With BSTP
Investors most often compare BSTP with DGRO, AJAN, XDOC. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare BSTP with Any Fund or Stock
Compare BSTP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BSTP with funds that move differently
Innovator Buffer Step-Up Strategy ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BSTP.
Explore BSTP Diversifiers