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IFLR vs. UAUG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IFLR vs. UAUG

Last updated Aug 2, 2026
Documentation

IFLR (Innovator International Developed Managed Floor ETF) and UAUG (Innovator U.S. Equity Ultra Buffer ETF - August) are both exchange-traded funds - IFLR is a Global Equities fund actively managed by Innovator, while UAUG is a Defined Outcome fund tracking the S&P 500. IFLR is actively managed, while UAUG is passively managed. Their 0.72 correlation means they have sometimes moved together and sometimes differently. IFLR charges 0.89%/yr vs 0.79%/yr for UAUG.

Performance

IFLR vs. UAUG - Performance Comparison

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

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Returns By Period

In the year-to-date period, IFLR achieves a 7.58% return, which is significantly higher than UAUG's 6.34% return.

IFLR

1D
0.42%
1M
1.08%
6M
3.31%
YTD
7.58%
1Y
—
3Y*
—
5Y*
—
10Y*
—
ALL TIME*
—

UAUG

1D
0.21%
1M
0.84%
6M
5.54%
YTD
6.34%
1Y
11.67%
3Y*
12.57%
5Y*
8.19%
10Y*
—
ALL TIME*
7.99%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

IFLR

Innovator International Developed Managed Floor ETF
$761.70K$614.46K$734.84K

UAUG

Innovator U.S. Equity Ultra Buffer ETF - August
$1.28M$713.51K$430.25K

IFLR vs. UAUG - Yearly Performance Comparison

2026 (YTD)2025
IFLR
Innovator International Developed Managed Floor ETF		7.58%3.03%
UAUG
Innovator U.S. Equity Ultra Buffer ETF - August		6.34%1.94%

Correlation

The correlation between IFLR and UAUG is 0.72, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

Correlation
Correlation (All Time)
Calculated using the full available price history since Nov 20, 2025

0.72

IFLR vs. UAUG - Sectors Allocation Comparison

Sectors
IFLR
UAUG

Financial Services

23.2%
11.7%

Industrials

16.9%
8.4%

Technology

11.5%
37.9%

Healthcare

9.5%
9.1%

Consumer Cyclical

7.1%
9.6%

Consumer Defensive

6.4%
4.6%

Basic Materials

5.5%
1.7%

Energy

3.8%
3.0%

Utilities

3.6%
2.3%

Communication Services

3.3%
10.0%

Real Estate

1.5%
1.9%

Financial Services

IFLR
23.2%
UAUG
11.7%

Industrials

IFLR
16.9%
UAUG
8.4%

Technology

IFLR
11.5%
UAUG
37.9%

Healthcare

IFLR
9.5%
UAUG
9.1%

Consumer Cyclical

IFLR
7.1%
UAUG
9.6%

Consumer Defensive

IFLR
6.4%
UAUG
4.6%

Basic Materials

IFLR
5.5%
UAUG
1.7%

Energy

IFLR
3.8%
UAUG
3.0%

Utilities

IFLR
3.6%
UAUG
2.3%

Communication Services

IFLR
3.3%
UAUG
10.0%

Real Estate

IFLR
1.5%
UAUG
1.9%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Innovator International Developed Managed Floor ETF

Innovator U.S. Equity Ultra Buffer ETF - August

Often compared with IFLR:
IFLR vs. FFTYIFLR vs. DIVDIFLR vs. FIXTIFLR vs. INKMIFLR vs. VEGAIFLR vs. WRNDIFLR vs. LVHI
Often compared with UAUG:
UAUG vs. BAUGUAUG vs. PAUGUAUG vs. UJULUAUG vs. NJULUAUG vs. QQQUAUG vs. SPYUAUG vs. BALT

Return for Risk

IFLR vs. UAUG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
IFLR

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

UAUG
UAUG Risk / Return Rank: 8888
Overall Rank
UAUG Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
UAUG Sortino Ratio Rank: 9090
Sortino Ratio Rank
UAUG Omega Ratio Rank: 9191
Omega Ratio Rank
UAUG Calmar Ratio Rank: 7878
Calmar Ratio Rank
UAUG Martin Ratio Rank: 9191
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IFLR vs. UAUG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator International Developed Managed Floor ETF (IFLR) and Innovator U.S. Equity Ultra Buffer ETF - August (UAUG). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

IFLRUAUGDifference
Sharpe ratioReturn per unit of total volatility

—

2.16

—

Sortino ratioReturn per unit of downside risk

—

3.16

—

Omega ratioGain probability vs. loss probability

—

1.44

—

Calmar ratioReturn relative to maximum drawdown

—

2.78

—

Martin ratioReturn relative to average drawdown

—

14.78

—

IFLR vs. UAUG - Sharpe Ratio Comparison

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Drawdowns

IFLR vs. UAUG - Drawdown Comparison

The maximum IFLR drawdown since its inception was -9.58%, smaller than the maximum UAUG drawdown of -13.91%. Use the drawdown chart below to compare losses from any high point for IFLR and UAUG.

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Drawdown Indicators

IFLRUAUGDifference

Max Drawdown

Largest peak-to-trough decline

-9.58%

-13.91%

+4.33%

Max Drawdown (1Y)

Largest decline over 1 year

—

-3.96%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-10.35%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-13.91%

—

Current Drawdown

Current decline from peak

-0.18%

0.00%

-0.18%

Average Drawdown

Average peak-to-trough decline

-2.54%

-2.31%

-0.23%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

0.75%

—

Volatility

IFLR vs. UAUG - Volatility Comparison

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Volatility by Period

IFLRUAUGDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

0.41%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

3.99%

—

Volatility (1Y)

Calculated over the trailing 1-year period

13.17%

5.11%

+8.06%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.17%

7.91%

+5.26%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.17%

8.62%

+4.55%

IFLR vs. UAUG - Expense Ratio Comparison

IFLR has a 0.89% expense ratio, which is higher than UAUG's 0.79% expense ratio.

Dividends

IFLR vs. UAUG - Dividend Comparison

IFLR's dividend yield for the trailing twelve months is around 0.93%, while UAUG has not paid dividends to shareholders.

PositionTTM2025202420232022202120202019
IFLR
Innovator International Developed Managed Floor ETF		0.93%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
UAUG
Innovator U.S. Equity Ultra Buffer ETF - August		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.83%

Frequently Asked Questions

IFLR and UAUG have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, UAUG is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

UAUG is cheaper with a 0.79% expense ratio, compared with 0.89% for IFLR.

IFLR has the higher dividend yield at 0.93%, compared with 0.00% for UAUG.

IFLR is categorized as Global Equities, while UAUG is Defined Outcome. Their fees differ too: 0.89% for IFLR and 0.79% for UAUG.

Portfolio Optimizer

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