Innovator U.S. Small Cap Managed Floor ETF (RFLR) belongs to the Equity Hedged category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with RFLR. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RFLR
RFLR charges 0.89% annually. There are 20 ETFs in the Equity Hedged category with lower expense ratios, going as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Global X S&P 500 Tail Risk ETF | 0.25% | 4.28M | Aug 2021 | RFLR vs XTR | |
| Global X S&P 500 Collar 95-110 ETF | 0.25% | 3.32M | Aug 2021 | RFLR vs XCLR | |
| Invesco S&P 500 Downside Hedged ETF | 0.39% | 76.65M | Dec 2012 | RFLR vs PHDG | |
| Simplify Hedged Equity ETF | 0.43% | 316.92M | Nov 2021 | RFLR vs HEQT | |
| Invesco QQQ Hedged Advantage ETF | 0.45% | — | May 2025 | RFLR vs QQHG |
Best Risk-Adjusted Alternatives to RFLR
RFLR has a PortfoliosLab risk / return rank of 83. There are 2 ETFs in the Equity Hedged category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Large Cap Max Buffer Jun ETF | 94 | — | Jun 2024 | RFLR vs MAXJ | |
| State Street Galaxy Hedged Digital Asset Ecosystem... | 92 | 87.41M | Sep 2024 | RFLR vs HECO | |
| Kraneshares Hedgeye Hedged Equity Index ETF | 81 | 100.99M | Jul 2024 | RFLR vs KSPY | |
| Invesco QQQ Hedged Advantage ETF | 78 | — | May 2025 | RFLR vs QQHG | |
| MC Trio Equity Buffered ETF | 77 | — | Mar 2025 | RFLR vs TRIO |
Top Performing RFLR Alternatives (YTD)
RFLR is at 11.52% YTD. There are 2 ETFs in the Equity Hedged category with higher YTD returns, going as high as 72.76%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Galaxy Hedged Digital Asset Ecosystem... | 72.76% | 87.41M | Sep 2024 | RFLR vs HECO | |
| Horizon NASDAQ-100 Defined Risk ETF | 11.58% | 79.22M | Jul 2025 | RFLR vs QGRD | |
| Invesco S&P 500 Downside Hedged ETF | 9.81% | 76.65M | Dec 2012 | RFLR vs PHDG | |
| Invesco QQQ Hedged Advantage ETF | 9.06% | — | May 2025 | RFLR vs QQHG | |
| MRP SynthEquity ETF | 7.12% | 147.91M | Mar 2025 | RFLR vs SNTH |
Lowest Volatility Alternatives to RFLR
RFLR has 12.52% 1-year volatility. There are 21 ETFs in the Equity Hedged category with lower 1-year volatility, going as low as 2.51%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Large Cap Max Buffer Jun ETF | 2.51% | — | Jun 2024 | RFLR vs MAXJ | |
| TrueShares Equity Hedge ETF | 5.36% | 14.37M | Jan 2026 | RFLR vs ONEH | |
| Equable Shares Hedged Equity ETF | 5.89% | 301.01M | May 2019 | RFLR vs HEDG | |
| MC Trio Equity Buffered ETF | 6.24% | — | Mar 2025 | RFLR vs TRIO | |
| Simplify Hedged Equity ETF | 6.64% | 316.92M | Nov 2021 | RFLR vs HEQT |
Lowest Drawdown Alternatives to RFLR
RFLR has a 1-year max drawdown of -5.79%. There are 7 ETFs in the Equity Hedged category with shallower 1-year drawdowns, going as shallow as -1.70%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Large Cap Max Buffer Jun ETF | -1.70% | — | Jun 2024 | RFLR vs MAXJ | |
| Swan Hedged Equity US Large Cap ETF | -4.39% | 584.47M | Dec 2020 | RFLR vs HEGD | |
| Kraneshares Hedgeye Hedged Equity Index ETF | -4.46% | 100.99M | Jul 2024 | RFLR vs KSPY | |
| MC Trio Equity Buffered ETF | -4.47% | — | Mar 2025 | RFLR vs TRIO | |
| Simplify Hedged Equity ETF | -5.09% | 316.92M | Nov 2021 | RFLR vs HEQT |
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 $3B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Innovator Defined Wealth Shield ETF | Defined Outcome | 94 | 2.21% | 2.53B | Jun 2021 | RFLR vs BALT | |
| Innovator IBD 50 ETF | Large Cap Growth Equities | 30 | 20.94% | 89.40M | Apr 2015 | RFLR vs FFTY | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 85 | 4.91% | 869.51M | Oct 2016 | RFLR vs BUFF | |
| Innovator Equity Managed Floor ETF | Options Trading | 49 | 3.43% | 2.04B | Nov 2022 | RFLR vs SFLR | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 60 | 21.99% | 214.23M | Jul 2018 | RFLR vs LOUP | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 77 | 4.57% | 1.48B | Jan 2019 | RFLR vs PJAN | |
| Innovator U.S. Equity Buffer ETF - April | Defined Outcome | 96 | 10.04% | 404.13M | Mar 2019 | RFLR vs BAPR | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 90 | 4.80% | 997.06M | Aug 2018 | RFLR vs PJUL | |
| Innovator Nasdaq-100 Managed Floor ETF | Nasdaq-100, Options Trading | 54 | 3.27% | 524.53M | Jan 2024 | RFLR vs QFLR | |
| Innovator U.S. Equity Power Buffer ETF October | Defined Outcome | 74 | 4.83% | 969.70M | Sep 2018 | RFLR vs POCT |
Often Compared With RFLR
Investors most often compare RFLR with HEQQ, HOLA, MSTB. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare RFLR with Any Fund or Stock
Compare RFLR with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RFLR with funds that move differently
Innovator U.S. Small Cap Managed Floor ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RFLR.
Explore RFLR Diversifiers