Innovator U.S. Equity 10 Buffer ETF - Quarterly (ZALT) belongs to the Options Trading category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ZALT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ZALT
ZALT charges 0.69% annually. There are 22 ETFs in the Options Trading category with lower expense ratios, going as low as 0.29%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Hedged Equity ETF | 0.29% | 137.24M | Oct 2023 | ZALT vs PHEQ | |
| iShares 20+ Year Treasury Bond BuyWrite Strategy E... | 0.35% | 1.97B | Jun 2022 | ZALT vs TLTW | |
| Amplify BlackSwan ISWN ETF | 0.49% | 36.93M | Jan 2021 | ZALT vs ISWN | |
| PGIM US Large-Cap Buffer 20 ETF - April | 0.50% | — | Mar 2024 | ZALT vs PBAP | |
| JPMorgan Hedged Equity Laddered Overlay ETF | 0.50% | 4.13B | Sep 2023 | ZALT vs HELO |
Best Risk-Adjusted Alternatives to ZALT
ZALT has a PortfoliosLab risk / return rank of 85. There are 45 ETFs in the Options Trading category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 99 | — | Mar 2024 | ZALT vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | 98 | 32.67M | Mar 2023 | ZALT vs APRJ | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | 98 | 198.32M | May 2020 | ZALT vs APRW | |
| FT Cboe Vest U.S. Equity Enhance & Moderate Buffer... | 98 | — | Apr 2024 | ZALT vs XAPR | |
| PGIM US Large-Cap Buffer 12 ETF - April | 98 | — | Mar 2024 | ZALT vs APRP |
Top Performing ZALT Alternatives (YTD)
ZALT is at 3.61% YTD. There are 108 ETFs in the Options Trading category with higher YTD returns, going as high as 110.49%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax AMD Option Income Strategy ETF | 110.49% | 367.33M | Sep 2023 | ZALT vs AMDY | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | 19.07% | 189.73M | Sep 2023 | ZALT vs QQQY | |
| LHA Market State Tactical Q ETF | 17.40% | 32.01M | Mar 2022 | ZALT vs MSTQ | |
| Roundhill Innovation-100 0DTE Covered Call Strateg... | 16.58% | 880.92M | Mar 2024 | ZALT vs QDTE | |
| YieldMax NVDA Option Income Strategy ETF | 13.06% | 1.45B | May 2023 | ZALT vs NVDY |
Lowest Volatility Alternatives to ZALT
ZALT has 4.15% 1-year volatility. There are 39 ETFs in the Options Trading category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated ETF - October | 0.00% | 3.39M | Sep 2021 | ZALT vs XDOC | |
| Innovator Premium Income 10 Barrier ETF - April | 0.00% | 9.42M | Mar 2023 | ZALT vs APRD | |
| Innovator Premium Income 40 Barrier ETF - October | 0.00% | 7.17M | Sep 2023 | ZALT vs OCTQ | |
| Innovator Premium Income 9 Buffer ETF - October | 0.00% | 5.96M | Sep 2023 | ZALT vs HOCT | |
| Innovator Premium Income 40 Barrier ETF - April | 0.00% | 19.28M | Mar 2023 | ZALT vs APRQ |
Lowest Drawdown Alternatives to ZALT
ZALT has a 1-year max drawdown of -1.71%. There are 19 ETFs in the Options Trading category with shallower 1-year drawdowns, going as shallow as -0.20%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 30 Barrier ETF - April | -0.20% | 32.67M | Mar 2023 | ZALT vs APRJ | |
| Innovator Premium Income 15 Buffer ETF - April | -0.24% | — | Mar 2024 | ZALT vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - July | -0.61% | 15.66M | Jun 2023 | ZALT vs JULJ | |
| FT Cboe Vest U.S. Equity Enhance & Moderate Buffer... | -0.66% | — | Apr 2024 | ZALT vs XAPR | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | -0.75% | 198.32M | May 2020 | ZALT vs APRW |
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 | ZALT vs BALT | |
| Innovator IBD 50 ETF | Large Cap Growth Equities | 30 | 20.11% | 89.40M | Apr 2015 | ZALT vs FFTY | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 86 | 5.42% | 869.87M | Oct 2016 | ZALT vs BUFF | |
| Innovator Equity Managed Floor ETF | Options Trading | 64 | 5.55% | 2.00B | Nov 2022 | ZALT vs SFLR | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 71 | 28.21% | 219.47M | Jul 2018 | ZALT vs LOUP | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 79 | 5.13% | 1.52B | Jan 2019 | ZALT vs PJAN | |
| Innovator U.S. Equity Buffer ETF - April | Defined Outcome | 96 | 10.81% | 401.85M | Mar 2019 | ZALT vs BAPR | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 87 | 4.74% | 1.00B | Aug 2018 | ZALT vs PJUL | |
| Innovator Nasdaq-100 Managed Floor ETF | Nasdaq-100, Options Trading | 74 | 6.90% | 527.81M | Jan 2024 | ZALT vs QFLR | |
| Innovator U.S. Equity Power Buffer ETF October | Defined Outcome | 75 | 5.33% | 1.02B | Sep 2018 | ZALT vs POCT |
Often Compared With ZALT
Investors most often compare ZALT with EALT, UJUL, HEQT. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare ZALT with Any Fund or Stock
Compare ZALT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ZALT with funds that move differently
Innovator U.S. Equity 10 Buffer ETF - Quarterly alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZALT.
Explore ZALT Diversifiers