IFLR vs. SFLR

Last updated Jun 4, 2026

IFLR (Innovator International Developed Managed Floor ETF) and SFLR (Innovator Equity Managed Floor ETF) are both exchange-traded funds - IFLR is a Global Equities fund actively managed by Innovator, while SFLR is a Options Trading fund actively managed by Innovator. Both are actively managed. A 0.66 correlation means they provide meaningful diversification when combined. Both charge a 0.89% expense ratio.

Performance

IFLR vs. SFLR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator International Developed Managed Floor ETF (IFLR) and Innovator Equity Managed Floor ETF (SFLR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IFLR achieves a 4.93% return, which is significantly lower than SFLR's 5.55% return.

IFLR

• 1D: -0.55%
• 1M: 3.67%
• YTD: 4.93%
• 6M: 7.25%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SFLR

• 1D: -0.38%
• 1M: 5.11%
• YTD: 5.55%
• 6M: 5.78%
• 1Y: 19.44%
• 3Y*: 16.02%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IFLR vs. SFLR - Yearly Performance Comparison

	2026 (YTD)	2025
IFLR Innovator International Developed Managed Floor ETF	4.93%	4.20%
SFLR Innovator Equity Managed Floor ETF	5.55%	4.04%

Correlation

The correlation between IFLR and SFLR is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 21, 2025	0.66

IFLR vs. SFLR - Sectors Allocation Comparison

Sectors	IFLR	SFLR
Financial Services	21.1%	11.3%
Industrials	17.4%	8.4%
Technology	11.4%	35.5%
Healthcare	9.6%	8.5%
Consumer Cyclical	7.3%	10.0%
Consumer Defensive	6.6%	4.8%
Basic Materials	5.7%	2.1%
Communication Services	3.9%	11.7%
Energy	3.7%	3.7%
Utilities	3.6%	2.5%
Real Estate	1.7%	1.6%

Return for Risk

IFLR vs. SFLR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SFLR

SFLR Risk / Return Rank: 64
SFLR Sharpe Ratio Rank: 65
SFLR Sortino Ratio Rank: 63
SFLR Omega Ratio Rank: 69
SFLR Calmar Ratio Rank: 57
SFLR Martin Ratio Rank: 64

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IFLR vs. SFLR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator International Developed Managed Floor ETF (IFLR) and Innovator Equity Managed Floor ETF (SFLR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	IFLR	SFLR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.20	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.43	1.71	-0.29

Drawdowns

IFLR vs. SFLR - Drawdown Comparison

The maximum IFLR drawdown since its inception was -9.58%, smaller than the maximum SFLR drawdown of -12.13%. Use the drawdown chart below to compare losses from any high point for IFLR and SFLR.

Drawdown Indicators

	IFLR	SFLR	Difference
Max Drawdown Largest peak-to-trough decline	-9.58%	-12.13%	+2.55%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.79%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-12.13%	—
Current Drawdown Current decline from peak	-2.65%	-0.38%	-2.27%
Average Drawdown Average peak-to-trough decline	-2.75%	-1.74%	-1.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.66%	—

Volatility

Volatility by Period

	IFLR	SFLR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.87%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.46%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.07%	8.89%	+4.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.07%	10.15%	+2.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.07%	10.15%	+2.92%

IFLR vs. SFLR - Expense Ratio Comparison

Both IFLR and SFLR have an expense ratio of 0.89%.

Dividends

IFLR vs. SFLR - Dividend Comparison

IFLR's dividend yield for the trailing twelve months is around 0.28%, less than SFLR's 0.32% yield.

Position	TTM	2025	2024	2023	2022
IFLR Innovator International Developed Managed Floor ETF	0.28%	0.00%	0.00%	0.00%	0.00%
SFLR Innovator Equity Managed Floor ETF	0.32%	0.33%	0.42%	1.16%	0.06%

Frequently Asked Questions

Can I hold both IFLR and SFLR in my portfolio?

IFLR and SFLR have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IFLR or SFLR?

Both ETFs have the same 0.89% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IFLR or SFLR?

IFLR and SFLR have the same expense ratio: 0.89% per year.

Which ETF pays a higher dividend yield, IFLR or SFLR?

SFLR has the higher dividend yield at 0.32%, compared with 0.28% for IFLR.

What is the main difference between IFLR and SFLR?

IFLR is categorized as Global Equities, while SFLR is Options Trading.