Innovator International Developed Power Buffer ETF - September (ISEP) belongs to the Defined Outcome category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ISEP. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ISEP
ISEP charges 0.85% annually. There are 209 ETFs in the Defined Outcome category with lower expense ratios, going as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Aptus January Buffer ETF | 0.25% | — | Oct 2025 | ISEP vs JANB | |
| Aptus April Buffer ETF | 0.25% | — | Oct 2025 | ISEP vs APRB | |
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | ISEP vs OCTB | |
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | ISEP vs JULB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | ISEP vs FBUF |
Best Risk-Adjusted Alternatives to ISEP
ISEP has a PortfoliosLab risk / return rank of 45. There are 210 ETFs in the Defined Outcome category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 99 | — | Mar 2025 | ISEP vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 99 | — | Apr 2025 | ISEP vs APXM | |
| iShares Large Cap Max Buffer Mar ETF | 99 | — | Mar 2025 | ISEP vs MMAX | |
| PGIM S&P 500 Max Buffer ETF - May | 98 | — | Apr 2025 | ISEP vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 18.90M | Apr 2025 | ISEP vs CPSP |
Top Performing ISEP Alternatives (YTD)
ISEP is at 5.04% YTD. There are 140 ETFs in the Defined Outcome category with higher YTD returns, going as high as 18.85%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Leverage Shares 2x Capped Accelerated NVDA Monthly... | 18.85% | — | Aug 2025 | ISEP vs NVDO | |
| FT Vest Emerging Markets Buffer ETF - March | 14.45% | — | Mar 2025 | ISEP vs TMAR | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 13.06% | 557.94M | Mar 2021 | ISEP vs QMAR | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | 12.09% | 7.34M | Dec 2024 | ISEP vs PQAP | |
| FT Vest U.S. Equity Uncapped Accelerator ETF - Jul... | 11.78% | — | Jul 2025 | ISEP vs UXJL |
Lowest Volatility Alternatives to ISEP
ISEP has 8.81% 1-year volatility. There are 232 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.01%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest U.S. Equity Max Buffer ETF - April | 1.01% | — | Apr 2025 | ISEP vs APXM | |
| PGIM S&P 500 Max Buffer ETF - May | 1.12% | — | Apr 2025 | ISEP vs PMMY | |
| PGIM S&P 500 Max Buffer ETF - April | 1.15% | — | Mar 2025 | ISEP vs PMAP | |
| iShares Large Cap Max Buffer Mar ETF | 1.39% | — | Mar 2025 | ISEP vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.42% | 18.90M | Apr 2025 | ISEP vs CPSP |
Lowest Drawdown Alternatives to ISEP
ISEP has a 1-year max drawdown of -5.48%. There are 162 ETFs in the Defined Outcome category with shallower 1-year drawdowns, going as shallow as -0.27%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest U.S. Equity Max Buffer ETF - April | -0.27% | — | Apr 2025 | ISEP vs APXM | |
| PGIM S&P 500 Max Buffer ETF - April | -0.34% | — | Mar 2025 | ISEP vs PMAP | |
| iShares Large Cap Max Buffer Mar ETF | -0.34% | — | Mar 2025 | ISEP vs MMAX | |
| PGIM S&P 500 Max Buffer ETF - May | -0.36% | — | Apr 2025 | ISEP vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 18.90M | Apr 2025 | ISEP vs CPSP |
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 | ISEP vs BALT | |
| Innovator IBD 50 ETF | Large Cap Growth Equities | 30 | 20.11% | 89.40M | Apr 2015 | ISEP vs FFTY | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 86 | 5.42% | 869.87M | Oct 2016 | ISEP vs BUFF | |
| Innovator Equity Managed Floor ETF | Options Trading | 64 | 5.55% | 2.00B | Nov 2022 | ISEP vs SFLR | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 71 | 28.21% | 219.47M | Jul 2018 | ISEP vs LOUP | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 79 | 5.13% | 1.52B | Jan 2019 | ISEP vs PJAN | |
| Innovator U.S. Equity Buffer ETF - April | Defined Outcome | 96 | 10.81% | 401.85M | Mar 2019 | ISEP vs BAPR | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 87 | 4.74% | 1.00B | Aug 2018 | ISEP vs PJUL | |
| Innovator Nasdaq-100 Managed Floor ETF | Nasdaq-100, Options Trading | 74 | 6.90% | 527.81M | Jan 2024 | ISEP vs QFLR | |
| Innovator U.S. Equity Power Buffer ETF October | Defined Outcome | 75 | 5.33% | 1.02B | Sep 2018 | ISEP vs POCT |
Often Compared With ISEP
Investors most often compare ISEP with DBE, USOY, BNO. These 15 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare ISEP with Any Fund or Stock
Compare ISEP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ISEP with funds that move differently
Innovator International Developed Power Buffer ETF - September alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ISEP.
Explore ISEP Diversifiers