Innovator U.S. Small Cap Power Buffer ETF - February (KFEB) 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 KFEB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to KFEB
KFEB charges 0.79% annually. There are 94 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 | KFEB vs JANB | |
| Aptus April Buffer ETF | 0.25% | — | Oct 2025 | KFEB vs APRB | |
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | KFEB vs JULB | |
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | KFEB vs OCTB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | KFEB vs FBUF |
Best Risk-Adjusted Alternatives to KFEB
KFEB has a PortfoliosLab risk / return rank of 91. There are 105 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 | KFEB vs PMAP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | KFEB vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 21.00M | Apr 2025 | KFEB vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | KFEB vs ZAPR | |
| Calamos Russell 2000 Structured Alt Protection ETF... | 98 | 13.20M | Apr 2025 | KFEB vs CPRA |
Top Performing KFEB Alternatives (YTD)
KFEB is at 14.50% YTD. There are 2 ETFs in the Defined Outcome category with higher YTD returns, going as high as 16.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Leverage Shares 2x Capped Accelerated NVDA Monthly... | 16.35% | — | Aug 2025 | KFEB vs NVDO | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 14.64% | 2.87M | Jun 2025 | KFEB vs QB | |
| Innovator Russell 2000 Power Buffer ETF - April | 13.86% | 214.27M | Mar 2020 | KFEB vs KAPR | |
| Innovator U.S. Small Cap Power Buffer ETF - March | 12.74% | — | Feb 2025 | KFEB vs KMAR | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 12.60% | 566.25M | Mar 2021 | KFEB vs QMAR |
Lowest Volatility Alternatives to KFEB
KFEB has 10.78% 1-year volatility. There are 275 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.18%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 1.18% | — | Mar 2025 | KFEB vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.34% | — | Apr 2025 | KFEB vs APXM | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.40% | 21.00M | Apr 2025 | KFEB vs CPSP | |
| PGIM S&P 500 Max Buffer ETF - May | 1.40% | — | Apr 2025 | KFEB vs PMMY | |
| iShares Large Cap Max Buffer Mar ETF | 1.44% | — | Mar 2025 | KFEB vs MMAX |
Lowest Drawdown Alternatives to KFEB
KFEB has a 1-year max drawdown of -5.80%. There are 191 ETFs in the Defined Outcome category with shallower 1-year drawdowns, going as shallow as -0.35%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | -0.35% | — | Mar 2025 | KFEB vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 21.00M | Apr 2025 | KFEB vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | KFEB vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | KFEB vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.60M | May 2024 | KFEB vs CPSM |
Other ETFs from Innovator
The 10 most viewed Innovator ETFs shown here include BALT, BUFF, SFLR and span 5 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 | 3.07% | 2.72B | Jun 2021 | KFEB vs BALT | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 91 | 6.78% | 923.55M | Oct 2016 | KFEB vs BUFF | |
| Innovator Equity Managed Floor ETF | Options Trading | 60 | 5.24% | 2.11B | Nov 2022 | KFEB vs SFLR | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 51 | 15.52% | 200.31M | Jul 2018 | KFEB vs LOUP | |
| Innovator U.S. Equity Accelerated Plus ETF | Leveraged Equities | 98 | 12.91% | 22.69M | Apr 2021 | KFEB vs XTAP | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 88 | 6.55% | 1.44B | Jan 2019 | KFEB vs PJAN | |
| Innovator U.S. Equity Buffer ETF - April | Defined Outcome | 97 | 12.27% | 403.09M | Mar 2019 | KFEB vs BAPR | |
| Innovator U.S. Equity Power Buffer ETF October | Defined Outcome | 85 | 6.88% | 963.46M | Sep 2018 | KFEB vs POCT | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 90 | 6.18% | 1.25B | Aug 2018 | KFEB vs PJUL | |
| Innovator Nasdaq-100 Managed Floor ETF | Nasdaq-100, Options Trading | 48 | 3.44% | 524.31M | Jan 2024 | KFEB vs QFLR |
Often Compared With KFEB
Investors most often compare KFEB with CPNS, TMAR, PMFB. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare KFEB with Any Fund or Stock
Compare KFEB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair KFEB with funds that move differently
Innovator U.S. Small Cap Power Buffer ETF - February alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to KFEB.
Explore KFEB Diversifiers