UFEB vs. FFTY

Last updated Apr 1, 2026

Compare and contrast key facts about Innovator U.S. Equity Ultra Buffer ETF - February (UFEB) and Innovator IBD 50 ETF (FFTY).

UFEB and FFTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UFEB is a passively managed fund by Innovator that tracks the performance of the Cboe S&P 500 30% (-5% to -35%) Buffer Protect February Series Index. It was launched on Jan 31, 2020. FFTY is a passively managed fund by Innovator that tracks the performance of the IBD 50 Index. It was launched on Apr 9, 2015. Both UFEB and FFTY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

UFEB vs. FFTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator U.S. Equity Ultra Buffer ETF - February (UFEB) and Innovator IBD 50 ETF (FFTY). The values are adjusted to include any dividend payments, if applicable.

UFEB vs. FFTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
UFEB Innovator U.S. Equity Ultra Buffer ETF - February	-1.32%	10.57%	12.93%	11.91%	-5.85%	7.31%	5.78%
FFTY Innovator IBD 50 ETF	-4.02%	23.38%	18.36%	12.40%	-51.08%	11.92%	14.25%

Returns By Period

In the year-to-date period, UFEB achieves a -1.32% return, which is significantly higher than FFTY's -4.02% return.

UFEB

• 1D: 1.23%
• 1M: -2.29%
• YTD: -1.32%
• 6M: 1.42%
• 1Y: 12.07%
• 3Y*: 11.00%
• 5Y*: 6.14%
• 10Y*: —

FFTY

• 1D: 5.00%
• 1M: -18.29%
• YTD: -4.02%
• 6M: -9.38%
• 1Y: 25.53%
• 3Y*: 13.29%
• 5Y*: -4.52%
• 10Y*: 5.25%

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

UFEB vs. FFTY - Expense Ratio Comparison

UFEB has a 0.79% expense ratio, which is lower than FFTY's 0.80% expense ratio.

FFTY

Innovator IBD 50 ETF

UFEB

Innovator U.S. Equity Ultra Buffer ETF - February

Return for Risk

UFEB vs. FFTY — Risk / Return Rank

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

UFEB

UFEB Risk / Return Rank: 85
UFEB Sharpe Ratio Rank: 82
UFEB Sortino Ratio Rank: 85
UFEB Omega Ratio Rank: 86
UFEB Calmar Ratio Rank: 84
UFEB Martin Ratio Rank: 90

FFTY

FFTY Risk / Return Rank: 41
FFTY Sharpe Ratio Rank: 42
FFTY Sortino Ratio Rank: 43
FFTY Omega Ratio Rank: 40
FFTY Calmar Ratio Rank: 44
FFTY Martin Ratio Rank: 35

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.

UFEB vs. FFTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Ultra Buffer ETF - February (UFEB) and Innovator IBD 50 ETF (FFTY). 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.

	UFEB	FFTY	Difference
Sharpe ratio Return per unit of total volatility	1.59	0.74	+0.85
Sortino ratio Return per unit of downside risk	2.32	1.14	+1.18
Omega ratio Gain probability vs. loss probability	1.35	1.15	+0.20
Calmar ratio Return relative to maximum drawdown	2.51	1.04	+1.47
Martin ratio Return relative to average drawdown	11.91	3.05	+8.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UFEB vs. FFTY - Sharpe Ratio Comparison

The current UFEB Sharpe Ratio is 1.59, which is higher than the FFTY Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of UFEB and FFTY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	UFEB	FFTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.59	0.74	+0.85
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.99	-0.16	+1.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.19	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.84	0.12	+0.72

Correlation

The correlation between UFEB and FFTY is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

UFEB vs. FFTY - Dividend Comparison

UFEB has not paid dividends to shareholders, while FFTY's dividend yield for the trailing twelve months is around 1.40%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
UFEB Innovator U.S. Equity Ultra Buffer ETF - February	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FFTY Innovator IBD 50 ETF	1.40%	1.35%	0.91%	0.65%	2.75%	0.22%	0.00%	0.00%	0.00%	0.17%

Drawdowns

UFEB vs. FFTY - Drawdown Comparison

The maximum UFEB drawdown since its inception was -13.32%, smaller than the maximum FFTY drawdown of -59.46%. Use the drawdown chart below to compare losses from any high point for UFEB and FFTY.

Drawdown Indicators

	UFEB	FFTY	Difference
Max Drawdown Largest peak-to-trough decline	-13.32%	-59.46%	+46.14%
Max Drawdown (1Y) Largest decline over 1 year	-4.95%	-23.29%	+18.34%
Max Drawdown (5Y) Largest decline over 5 years	-9.02%	-59.46%	+50.44%
Max Drawdown (10Y) Largest decline over 10 years	—	-59.46%	—
Current Drawdown Current decline from peak	-2.72%	-32.35%	+29.63%
Average Drawdown Average peak-to-trough decline	-1.97%	-22.38%	+20.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.04%	7.97%	-6.93%

Volatility

UFEB vs. FFTY - Volatility Comparison

The current volatility for Innovator U.S. Equity Ultra Buffer ETF - February (UFEB) is 2.44%, while Innovator IBD 50 ETF (FFTY) has a volatility of 14.46%. This indicates that UFEB experiences smaller price fluctuations and is considered to be less risky than FFTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UFEB	FFTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.44%	14.46%	-12.02%
Volatility (6M) Calculated over the trailing 6-month period	4.25%	28.72%	-24.47%
Volatility (1Y) Calculated over the trailing 1-year period	7.62%	34.49%	-26.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.25%	29.00%	-22.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.73%	27.17%	-19.44%