Innovator U.S. Equity Power Buffer ETF - August (PAUG) Alternatives
Innovator U.S. Equity Power Buffer ETF - August (PAUG) 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 PAUG. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to PAUG
PAUG charges 0.79% annually. Among ETFs in the Defined Outcome category, these options have the lowest expense ratios among PAUG alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Fidelity Dynamic Buffered Equity ETF | 0.48% | Apr 9, 2024 | PAUG vs FBUF | |
| iShares Large Cap Max Buffer Sep ETF | 0.50% | Sep 30, 2024 | PAUG vs SMAX | |
| iShares Large Cap Max Buffer December ETF | 0.50% | Dec 31, 2024 | PAUG vs DMAX | |
| iShares Large Cap Max Buffer Mar ETF | 0.50% | Mar 31, 2025 | PAUG vs MMAX | |
| PGIM Laddered S&P 500 Buffer 20 ETF | 0.50% | Jun 11, 2024 | PAUG vs PBFR |
Best Risk-Adjusted Alternatives to PAUG
Among ETFs in the Defined Outcome category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Innovator Equity Defined Protection ETF - 1 Yr Dec... | 97 | Dec 1, 2024 | PAUG vs ZDEK | |
| Innovator Equity Defined Protection ETF - 1 Yr Feb... | 97 | Feb 3, 2025 | PAUG vs ZFEB | |
| iShares Large Cap Max Buffer December ETF | 96 | Dec 31, 2024 | PAUG vs DMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Mar... | 96 | Mar 3, 2025 | PAUG vs ZMAR | |
| Innovator Equity Defined Protection ETF - 1 Yr Jan... | 95 | Dec 31, 2024 | PAUG vs ZJAN |
Top Performing PAUG Alternatives (YTD)
PAUG alternatives from the Defined Outcome category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Innovator Russell 2000 Power Buffer ETF - April | 3.19% | Mar 31, 2020 | PAUG vs KAPR | |
| Innovator International Developed Power Buffer ETF... | 2.69% | Mar 31, 2021 | PAUG vs IAPR | |
| FT Vest U.S. Equity Buffer ETF - March | 2.16% | Mar 19, 2021 | PAUG vs FMAR | |
| Innovator U.S. Equity Buffer ETF - April | 2.08% | Mar 29, 2019 | PAUG vs BAPR | |
| Pacer Swan SOS Moderate (April) ETF | 1.94% | Mar 31, 2021 | PAUG vs PSMR |
Lowest Volatility Alternatives to PAUG
PAUG alternatives from the Defined Outcome category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Innovator Equity Defined Protection ETF - 1 Yr May | 1.51% | May 1, 2025 | PAUG vs ZMAY | |
| Innovator Equity Defined Protection ETF - 1 Yr Jun... | 1.91% | May 30, 2025 | PAUG vs ZJUN | |
| AllianzIM U.S. Equity Buffer100 Protection ETF | 1.99% | Jun 30, 2025 | PAUG vs AIOO | |
| iShares Large Cap Max Buffer Mar ETF | 2.61% | Mar 31, 2025 | PAUG vs MMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 2.62% | Apr 1, 2025 | PAUG vs ZAPR |
Lowest Drawdown Alternatives to PAUG
PAUG alternatives from the Defined Outcome category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Innovator Equity Defined Protection ETF - 1 Yr Dec... | -1.57% | Dec 1, 2024 | PAUG vs ZDEK | |
| Innovator Equity Defined Protection ETF - 1 Yr Feb... | -1.73% | Feb 3, 2025 | PAUG vs ZFEB | |
| Innovator Equity Defined Protection ETF - 1 Yr Jan... | -1.87% | Dec 31, 2024 | PAUG vs ZJAN | |
| Innovator Equity Defined Protection ETF - 1 Yr Oct... | -1.91% | Oct 1, 2024 | PAUG vs ZOCT | |
| Innovator Equity Defined Protection ETF - 1 Yr Mar... | -1.92% | Mar 3, 2025 | PAUG vs ZMAR |
Other ETFs from Innovator
Most popular Innovator ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Innovator Defined Wealth Shield ETF | Defined Outcome | 86 | -0.13% | Jun 30, 2021 | PAUG vs BALT | |
| Innovator IBD 50 ETF | Large Cap Growth Equities | 41 | -4.02% | Apr 9, 2015 | PAUG vs FFTY | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 77 | -0.90% | Oct 20, 2016 | PAUG vs BUFF | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 80 | -9.90% | Jul 24, 2018 | PAUG vs LOUP | |
| Innovator Equity Managed Floor ETF | Options Trading | 72 | -3.85% | Nov 8, 2022 | PAUG vs SFLR | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 71 | -1.89% | Jan 2, 2019 | PAUG vs PJAN | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 84 | -1.00% | Aug 7, 2018 | PAUG vs PJUL | |
| Innovator U.S. Equity Power Buffer ETF October | Defined Outcome | 68 | -1.84% | Sep 28, 2018 | PAUG vs POCT | |
| Innovator U.S. Equity Ultra Buffer ETF - August | Defined Outcome | 83 | -1.44% | Jul 31, 2019 | PAUG vs UAUG | |
| Innovator IBD Breakout Opportunities ETF | Mid Cap Growth Equities | 25 | 8.23% | Sep 13, 2018 | PAUG vs BOUT |
Often Compared With PAUG
What investors most often compare with PAUG, based on PortfoliosLab usage data.
Compare PAUG with Any Fund or Stock
Compare PAUG with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.