- What are the top holdings of BFRZ?
- Innovator Equity Managed 100 Buffer ETF holds 188 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does BFRZ have?
- BFRZ holds 188 positions as reported by the fund's most recent disclosure.
- What sectors does BFRZ invest in?
- Innovator Equity Managed 100 Buffer ETF (BFRZ) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is BFRZ most exposed to?
- BFRZ's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is BFRZ a US-only fund?
- The country allocation card on this page shows BFRZ's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does BFRZ invest in?
- BFRZ aims to provide 40 to 50% upside exposure to the S&P 500 Index, with one-third of the volatility and a target of 1 to 3% for annual maximum loss. BFRZ differentiates itself by holding physical equities, allowing potential dividends to pass through to shareholders. The underlying portfolio is systematically managed to pursue the same profile but with less than 70% overlap in holdings with the S&P 500 Index. The portfolio also holds quarterly laddered 10% in-the-money puts on the S&P 500 and writes bi-weekly covered calls. The scatter plot forms a smile, indicating that the fund, compared to the S&P, may experience limited upside participation but may also gain by avoiding significant losses in a market drawdown. The fund continuously rolls the option contracts, therefore, it does not have a stated outcome period. This making it crucial to know that the entry/exit point for trading the shares is at the end of each calendar quarter.
