Innovator Equity Defined Protection ETF - 1 Yr March (ZMAR) 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 ZMAR. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ZMAR
ZMAR 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 April Buffer ETF | 0.25% | — | Oct 2025 | ZMAR vs APRB | |
| Aptus January Buffer ETF | 0.25% | — | Oct 2025 | ZMAR vs JANB | |
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | ZMAR vs JULB | |
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | ZMAR vs OCTB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | ZMAR vs FBUF |
Best Risk-Adjusted Alternatives to ZMAR
ZMAR has a PortfoliosLab risk / return rank of 95. There are 38 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 | ZMAR vs PMAP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | ZMAR vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 21.00M | Apr 2025 | ZMAR vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | ZMAR vs ZAPR | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - A... | 98 | 132.07M | Mar 2021 | ZMAR vs XBAP |
Top Performing ZMAR Alternatives (YTD)
ZMAR is at 3.51% YTD. There are 237 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 | ZMAR vs NVDO | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 15.61% | 2.87M | Jun 2025 | ZMAR vs QB | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 15.29% | — | Jan 2025 | ZMAR vs KFEB | |
| Innovator Russell 2000 Power Buffer ETF - April | 14.35% | 214.27M | Mar 2020 | ZMAR vs KAPR | |
| FT Vest U.S. Equity Uncapped Accelerator ETF - Jan... | 14.32% | — | Jan 2025 | ZMAR vs UXJA |
Lowest Volatility Alternatives to ZMAR
ZMAR has 2.15% 1-year volatility. There are 28 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 | ZMAR vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.37% | — | Apr 2025 | ZMAR vs APXM | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.40% | 21.00M | Apr 2025 | ZMAR vs CPSP | |
| PGIM S&P 500 Max Buffer ETF - May | 1.42% | — | Apr 2025 | ZMAR vs PMMY | |
| iShares Large Cap Max Buffer Mar ETF | 1.45% | — | Mar 2025 | ZMAR vs MMAX |
Lowest Drawdown Alternatives to ZMAR
ZMAR has a 1-year max drawdown of -1.44%. There are 35 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 | ZMAR vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 21.00M | Apr 2025 | ZMAR vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | ZMAR vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | ZMAR vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.60M | May 2024 | ZMAR 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 | 3.34% | 2.72B | Jun 2021 | ZMAR vs BALT | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 90 | 7.50% | 923.55M | Oct 2016 | ZMAR vs BUFF | |
| Innovator Equity Managed Floor ETF | Options Trading | 50 | 5.77% | 2.11B | Nov 2022 | ZMAR vs SFLR | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 48 | 18.96% | 200.31M | Jul 2018 | ZMAR vs LOUP | |
| Innovator U.S. Equity Accelerated Plus ETF | Leveraged Equities | 98 | 13.51% | 22.69M | Apr 2021 | ZMAR vs XTAP | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 84 | 7.00% | 1.44B | Jan 2019 | ZMAR vs PJAN | |
| Innovator U.S. Equity Buffer ETF - April | Defined Outcome | 97 | 12.86% | 403.09M | Mar 2019 | ZMAR vs BAPR | |
| Innovator U.S. Equity Power Buffer ETF October | Defined Outcome | 81 | 7.33% | 963.46M | Sep 2018 | ZMAR vs POCT | |
| Innovator Nasdaq-100 Managed Floor ETF | Nasdaq-100, Options Trading | 42 | 4.20% | 524.31M | Jan 2024 | ZMAR vs QFLR | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 89 | 7.09% | 1.25B | Aug 2018 | ZMAR vs PJUL |
Often Compared With ZMAR
Investors most often compare ZMAR with NAPR, ZDEK, ZNOV. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare ZMAR with Any Fund or Stock
Compare ZMAR with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ZMAR with funds that move differently
Innovator Equity Defined Protection ETF - 1 Yr March alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZMAR.
Explore ZMAR Diversifiers