Innovator U.S. Equity Power Buffer ETF - September (PSEP) Alternatives
Innovator U.S. Equity Power Buffer ETF - September (PSEP) 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 PSEP. 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 PSEP
PSEP charges 0.79% annually. Among ETFs in the Defined Outcome category, these options have the lowest expense ratios among PSEP alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Fidelity Dynamic Buffered Equity ETF | 0.48% | Apr 9, 2024 | PSEP vs FBUF | |
| iShares Large Cap Max Buffer Sep ETF | 0.50% | Sep 30, 2024 | PSEP vs SMAX | |
| iShares Large Cap Max Buffer December ETF | 0.50% | Dec 31, 2024 | PSEP vs DMAX | |
| iShares Large Cap Max Buffer Mar ETF | 0.50% | Mar 31, 2025 | PSEP vs MMAX | |
| PGIM Laddered S&P 500 Buffer 20 ETF | 0.50% | Jun 11, 2024 | PSEP vs PBFR |
Best Risk-Adjusted Alternatives to PSEP
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 | PSEP vs ZDEK | |
| Innovator Equity Defined Protection ETF - 1 Yr Feb... | 97 | Feb 3, 2025 | PSEP vs ZFEB | |
| iShares Large Cap Max Buffer December ETF | 96 | Dec 31, 2024 | PSEP vs DMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Mar... | 96 | Mar 3, 2025 | PSEP vs ZMAR | |
| Innovator Equity Defined Protection ETF - 1 Yr Jan... | 95 | Dec 31, 2024 | PSEP vs ZJAN |
Top Performing PSEP Alternatives (YTD)
PSEP 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 | PSEP vs KAPR | |
| Innovator International Developed Power Buffer ETF... | 2.69% | Mar 31, 2021 | PSEP vs IAPR | |
| FT Vest U.S. Equity Buffer ETF - March | 2.16% | Mar 19, 2021 | PSEP vs FMAR | |
| Innovator U.S. Equity Buffer ETF - April | 2.08% | Mar 29, 2019 | PSEP vs BAPR | |
| Pacer Swan SOS Moderate (April) ETF | 1.94% | Mar 31, 2021 | PSEP vs PSMR |
Lowest Volatility Alternatives to PSEP
PSEP 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 | PSEP vs ZMAY | |
| Innovator Equity Defined Protection ETF - 1 Yr Jun... | 1.91% | May 30, 2025 | PSEP vs ZJUN | |
| AllianzIM U.S. Equity Buffer100 Protection ETF | 1.99% | Jun 30, 2025 | PSEP vs AIOO | |
| iShares Large Cap Max Buffer Mar ETF | 2.61% | Mar 31, 2025 | PSEP vs MMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 2.62% | Apr 1, 2025 | PSEP vs ZAPR |
Lowest Drawdown Alternatives to PSEP
PSEP 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 | PSEP vs ZDEK | |
| Innovator Equity Defined Protection ETF - 1 Yr Feb... | -1.73% | Feb 3, 2025 | PSEP vs ZFEB | |
| Innovator Equity Defined Protection ETF - 1 Yr Jan... | -1.87% | Dec 31, 2024 | PSEP vs ZJAN | |
| Innovator Equity Defined Protection ETF - 1 Yr Oct... | -1.91% | Oct 1, 2024 | PSEP vs ZOCT | |
| Innovator Equity Defined Protection ETF - 1 Yr Mar... | -1.92% | Mar 3, 2025 | PSEP 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 | PSEP vs BALT | |
| Innovator IBD 50 ETF | Large Cap Growth Equities | 41 | -4.02% | Apr 9, 2015 | PSEP vs FFTY | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 77 | -0.90% | Oct 20, 2016 | PSEP vs BUFF | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 80 | -9.90% | Jul 24, 2018 | PSEP vs LOUP | |
| Innovator Equity Managed Floor ETF | Options Trading | 72 | -3.85% | Nov 8, 2022 | PSEP vs SFLR | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 71 | -1.89% | Jan 2, 2019 | PSEP vs PJAN | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 84 | -1.00% | Aug 7, 2018 | PSEP vs PJUL | |
| Innovator U.S. Equity Power Buffer ETF October | Defined Outcome | 68 | -1.84% | Sep 28, 2018 | PSEP vs POCT | |
| Innovator U.S. Equity Ultra Buffer ETF - August | Defined Outcome | 83 | -1.44% | Jul 31, 2019 | PSEP vs UAUG | |
| Innovator IBD Breakout Opportunities ETF | Mid Cap Growth Equities | 25 | 8.23% | Sep 13, 2018 | PSEP vs BOUT |
Often Compared With PSEP
What investors most often compare with PSEP, based on PortfoliosLab usage data.
Compare PSEP with Any Fund or Stock
Compare PSEP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.