Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly (EALT) 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 EALT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EALT
EALT charges 0.69% annually. There are 24 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% | 140.25M | Oct 2023 | EALT vs PHEQ | |
| State Street Real Estate Select Sector SPDR Premiu... | 0.35% | 2.58M | Jul 2025 | EALT vs XLRI | |
| Simplify Hedged Equity ETF | 0.43% | 300.35M | Nov 2021 | EALT vs HEQT | |
| Amplify BlackSwan ISWN ETF | 0.49% | 36.25M | Jan 2021 | EALT vs ISWN | |
| JPMorgan Hedged Equity Laddered Overlay ETF | 0.50% | 4.00B | Sep 2023 | EALT vs HELO |
Best Risk-Adjusted Alternatives to EALT
EALT has a PortfoliosLab risk / return rank of 42. There are 122 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 | EALT vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | 98 | 32.26M | Mar 2023 | EALT vs APRJ | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | 98 | 190.94M | May 2020 | EALT vs APRW | |
| PGIM US Large-Cap Buffer 20 ETF - April | 98 | — | Mar 2024 | EALT vs PBAP | |
| FT Vest U.S. Equity Buffer & Premium Income ETF - ... | 98 | — | Mar 2024 | EALT vs XIMR |
Top Performing EALT Alternatives (YTD)
EALT is at 2.03% YTD. There are 137 ETFs in the Options Trading category with higher YTD returns, going as high as 113.61%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax AMD Option Income Strategy ETF | 113.61% | 443.39M | Sep 2023 | EALT vs AMDY | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | 16.43% | 190.88M | Sep 2023 | EALT vs QQQY | |
| Kurv Technology Titans Select ETF | 15.18% | 100.42M | Jul 2024 | EALT vs KQQQ | |
| REX NVIDIA Growth & Income ETF | 15.17% | 106.68M | May 2025 | EALT vs NVII | |
| Roundhill Innovation-100 0DTE Covered Call Strateg... | 14.45% | 923.83M | Mar 2024 | EALT vs QDTE |
Lowest Volatility Alternatives to EALT
EALT has 7.37% 1-year volatility. There are 84 ETFs in the Options Trading category with lower 1-year volatility, going as low as 1.27%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 1.27% | — | Mar 2024 | EALT vs LAPR | |
| Alpha Architect Tail Risk ETF | 1.56% | 668.40M | Aug 2013 | EALT vs CAOS | |
| Innovator Premium Income 30 Barrier ETF - April | 1.56% | 32.26M | Mar 2023 | EALT vs APRJ | |
| Innovator Premium Income 30 Barrier ETF - July | 1.56% | 13.64M | Jun 2023 | EALT vs JULJ | |
| FT Vest U.S. Equity Buffer & Premium Income ETF - ... | 2.04% | — | Mar 2024 | EALT vs XIMR |
Lowest Drawdown Alternatives to EALT
EALT has a 1-year max drawdown of -6.66%. There are 104 ETFs in the Options Trading category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | -0.36% | — | Mar 2024 | EALT vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | -0.40% | 32.26M | Mar 2023 | EALT vs APRJ | |
| Innovator Premium Income 30 Barrier ETF - July | -0.61% | 13.64M | Jun 2023 | EALT vs JULJ | |
| Alpha Architect Tail Risk ETF | -0.76% | 668.40M | Aug 2013 | EALT vs CAOS | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | -0.89% | 190.94M | May 2020 | EALT vs APRW |
Other ETFs from Innovator
The 10 most viewed Innovator ETFs shown here include BALT, FFTY, BUFF and span 6 categories. AUM among these funds goes as high as $3B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Innovator Defined Wealth Shield ETF | Defined Outcome | 96 | 2.68% | 2.68B | Jun 2021 | EALT vs BALT | |
| Innovator IBD 50 ETF | Large Cap Growth Equities | 25 | 14.13% | 89.40M | Apr 2015 | EALT vs FFTY | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 89 | 6.22% | 891.58M | Oct 2016 | EALT vs BUFF | |
| Innovator Equity Managed Floor ETF | Options Trading | 57 | 5.58% | 2.12B | Nov 2022 | EALT vs SFLR | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 59 | 21.45% | 221.95M | Jul 2018 | EALT vs LOUP | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 83 | 5.87% | 1.47B | Jan 2019 | EALT vs PJAN | |
| Innovator U.S. Equity Accelerated Plus ETF | Leveraged Equities | 98 | 12.05% | 22.82M | Apr 2021 | EALT vs XTAP | |
| Innovator U.S. Equity Buffer ETF - April | Defined Outcome | 97 | 11.46% | 404.39M | Mar 2019 | EALT vs BAPR | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 87 | 5.51% | 1.12B | Aug 2018 | EALT vs PJUL | |
| Innovator Nasdaq-100 Managed Floor ETF | Nasdaq-100, Options Trading | 56 | 5.37% | 543.68M | Jan 2024 | EALT vs QFLR |
Often Compared With EALT
Investors most often compare EALT with UJUL, ZALT, XDQQ. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare EALT with Any Fund or Stock
Compare EALT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EALT with funds that move differently
Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EALT.
Explore EALT Diversifiers