Innovator Equity Defined Protection ETF - 1 Yr September (ZSEP) Alternatives
Innovator Equity Defined Protection ETF - 1 Yr September (ZSEP) 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 ZSEP. 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 ZSEP
ZSEP charges 0.79% annually. Among ETFs in the Defined Outcome category, these options have the lowest expense ratios among ZSEP alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Fidelity Dynamic Buffered Equity ETF | 0.48% | Apr 9, 2024 | ZSEP vs FBUF | |
| iShares Large Cap Max Buffer Sep ETF | 0.50% | Sep 30, 2024 | ZSEP vs SMAX | |
| PGIM Laddered S&P 500 Buffer 12 ETF | 0.50% | Jun 11, 2024 | ZSEP vs BUFP | |
| PGIM Laddered S&P 500 Buffer 20 ETF | 0.50% | Jun 11, 2024 | ZSEP vs PBFR | |
| iShares Large Cap Max Buffer Mar ETF | 0.50% | Mar 31, 2025 | ZSEP vs MMAX |
Best Risk-Adjusted Alternatives to ZSEP
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... | 96 | Dec 1, 2024 | ZSEP vs ZDEK | |
| Innovator Equity Defined Protection ETF - 1 Yr Feb... | 96 | Feb 3, 2025 | ZSEP vs ZFEB | |
| iShares Large Cap Max Buffer December ETF | 95 | Dec 31, 2024 | ZSEP vs DMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Mar... | 95 | Mar 3, 2025 | ZSEP vs ZMAR | |
| Innovator Equity Defined Protection ETF - 1 Yr Jan... | 95 | Dec 31, 2024 | ZSEP vs ZJAN |
Top Performing ZSEP Alternatives (YTD)
ZSEP alternatives from the Defined Outcome category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Innovator International Developed Power Buffer ETF... | 3.70% | Mar 31, 2021 | ZSEP vs IAPR | |
| Innovator Russell 2000 Power Buffer ETF - April | 3.36% | Mar 31, 2020 | ZSEP vs KAPR | |
| Innovator U.S. Equity Buffer ETF - April | 2.86% | Mar 29, 2019 | ZSEP vs BAPR | |
| FT Vest U.S. Equity Buffer ETF - March | 2.73% | Mar 19, 2021 | ZSEP vs FMAR | |
| Innovator Emerging Markets Power Buffer ETF - Apri... | 2.56% | Mar 31, 2021 | ZSEP vs EAPR |
Lowest Volatility Alternatives to ZSEP
ZSEP 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 | 1.50% | May 1, 2025 | ZSEP vs ZMAY | |
| Innovator Equity Defined Protection ETF - 1 Yr Jun... | 1.91% | May 30, 2025 | ZSEP vs ZJUN | |
| AllianzIM U.S. Equity Buffer100 Protection ETF | 1.98% | Jun 30, 2025 | ZSEP vs AIOO | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 2.61% | Apr 1, 2025 | ZSEP vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | 2.61% | Mar 31, 2025 | ZSEP vs MMAX |
Lowest Drawdown Alternatives to ZSEP
ZSEP 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 Feb... | -1.56% | Feb 3, 2025 | ZSEP vs ZFEB | |
| Innovator Equity Defined Protection ETF - 1 Yr Dec... | -1.57% | Dec 1, 2024 | ZSEP vs ZDEK | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -1.72% | Apr 1, 2025 | ZSEP vs ZAPR | |
| Innovator Equity Defined Protection ETF - 1 Yr Jan... | -1.87% | Dec 31, 2024 | ZSEP vs ZJAN | |
| Innovator Equity Defined Protection ETF - 1 Yr Oct... | -1.91% | Oct 1, 2024 | ZSEP vs ZOCT |
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 | 84 | 0.00% | Jun 30, 2021 | ZSEP vs BALT | |
| Innovator IBD 50 ETF | Large Cap Growth Equities | 41 | -2.33% | Apr 9, 2015 | ZSEP vs FFTY | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 74 | -0.54% | Oct 20, 2016 | ZSEP vs BUFF | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 78 | -8.46% | Jul 24, 2018 | ZSEP vs LOUP | |
| Innovator Equity Managed Floor ETF | Options Trading | 71 | -3.03% | Nov 8, 2022 | ZSEP vs SFLR | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 67 | -1.66% | Jan 2, 2019 | ZSEP vs PJAN | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 81 | -0.60% | Aug 7, 2018 | ZSEP vs PJUL | |
| Innovator U.S. Equity Power Buffer ETF October | Defined Outcome | 64 | -1.42% | Sep 28, 2018 | ZSEP vs POCT | |
| Innovator U.S. Equity Ultra Buffer ETF - August | Defined Outcome | 81 | -1.08% | Jul 31, 2019 | ZSEP vs UAUG | |
| Innovator IBD Breakout Opportunities ETF | Mid Cap Growth Equities | 25 | 9.59% | Sep 13, 2018 | ZSEP vs BOUT |
Often Compared With ZSEP
What investors most often compare with ZSEP, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Innovator U.S. Small Cap Power Buffer ETF - Septem... | Defined Outcome | 64 | 1.59% | Aug 30, 2024 | ZSEP vs KSEP | |
| Pacer Swan SOS Conservative (April) ETF | Defined Outcome | 83 | 1.80% | Mar 31, 2021 | ZSEP vs PSCW | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - A... | Defined Outcome | 74 | 1.92% | Mar 31, 2021 | ZSEP vs XBAP | |
| Innovator Nasdaq-100 Power Buffer ETF - April | Defined Outcome | 85 | 2.50% | Mar 31, 2020 | ZSEP vs NAPR |
Compare ZSEP with Any Fund or Stock
Compare ZSEP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.