SFLR vs. ACEI

Last updated Jun 21, 2026

SFLR (Innovator Equity Managed Floor ETF) and ACEI (Innovator Equity Autocallable Income Strategy ETF) are both exchange-traded funds - SFLR is a Options Trading fund actively managed by Innovator, while ACEI is a Derivative Income fund actively managed by Innovator. Both are actively managed. At a 0.46 correlation, their price movements are largely independent. SFLR charges 0.89%/yr vs 0.79%/yr for ACEI.

Performance

SFLR vs. ACEI - Performance Comparison

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

Returns By Period

In the year-to-date period, SFLR achieves a 4.92% return, which is significantly higher than ACEI's 1.65% return.

SFLR

• 1D: 1.13%
• 1M: 0.81%
• YTD: 4.92%
• 6M: 5.38%
• 1Y: 17.97%
• 3Y*: 15.05%
• 5Y*: —
• 10Y*: —

ACEI

• 1D: 0.17%
• 1M: -2.17%
• YTD: 1.65%
• 6M: 2.35%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SFLR vs. ACEI - Yearly Performance Comparison

	2026 (YTD)	2025
SFLR Innovator Equity Managed Floor ETF	4.92%	3.01%
ACEI Innovator Equity Autocallable Income Strategy ETF	1.65%	0.65%

Correlation

The correlation between SFLR and ACEI is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 25, 2025	0.46

Return for Risk

SFLR vs. ACEI — Risk / Return Rank

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

SFLR

SFLR Risk / Return Rank: 58
SFLR Sharpe Ratio Rank: 57
SFLR Sortino Ratio Rank: 53
SFLR Omega Ratio Rank: 62
SFLR Calmar Ratio Rank: 55
SFLR Martin Ratio Rank: 60

ACEI

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

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.

SFLR vs. ACEI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Managed Floor ETF (SFLR) and Innovator Equity Autocallable Income Strategy ETF (ACEI). 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.

	SFLR	ACEI	Difference
Sharpe ratio: Return per unit of total volatility	1.85	—	—
Sortino ratio: Return per unit of downside risk	2.48	—	—
Omega ratio: Gain probability vs. loss probability	1.35	—	—
Calmar ratio: Return relative to maximum drawdown	2.63	—	—
Martin ratio: Return relative to average drawdown	10.37	—	—

Drawdowns

SFLR vs. ACEI - Drawdown Comparison

The maximum SFLR drawdown since its inception was -12.13%, which is greater than ACEI's maximum drawdown of -5.77%. Use the drawdown chart below to compare losses from any high point for SFLR and ACEI.

Drawdown Indicators

	SFLR	ACEI	Difference
Max Drawdown Largest peak-to-trough decline	-12.13%	-5.77%	-6.36%
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	-1.20%	-3.86%	+2.66%
Average Drawdown Average peak-to-trough decline	-1.74%	-1.94%	+0.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.72%	—	—

Volatility

Volatility by Period

	SFLR	ACEI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.31%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.52%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.65%	13.39%	-3.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.32%	13.39%	-3.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.32%	13.39%	-3.07%

SFLR vs. ACEI - Expense Ratio Comparison

SFLR has a 0.89% expense ratio, which is higher than ACEI's 0.79% expense ratio.

Dividends

SFLR vs. ACEI - Dividend Comparison

SFLR's dividend yield for the trailing twelve months is around 0.32%, less than ACEI's 7.21% yield.

Position	TTM	2025	2024	2023	2022
ACEI Innovator Equity Autocallable Income Strategy ETF	7.21%	2.11%	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 SFLR and ACEI in my portfolio?

SFLR and ACEI have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SFLR or ACEI?

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

Which ETF is cheaper, SFLR or ACEI?

ACEI is cheaper with a 0.79% expense ratio, compared with 0.89% for SFLR.

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

ACEI has the higher dividend yield at 7.21%, compared with 0.32% for SFLR.

What is the main difference between SFLR and ACEI?

SFLR is categorized as Options Trading, while ACEI is Derivative Income. Their fees differ too: 0.89% for SFLR and 0.79% for ACEI.