Macro Summary
The Buffer ETF channel now includes 449 ETFs from 20 issuers, with total AUM standing at $77 billion. The channel saw net inflows of $89 million over the past week, contributing to a year-to-date total of $11.67 billion.
Over the past year, the channel has attracted $13.89 billion in total flows. This steady growth has been accompanied by product innovation, with 26 new ETFs launching in just the last three months.
Performance
Performance in the Buffer ETF space remains idiosyncratic, driven by the diverse underlying assets. This week, Equity: U.S. Large Cap – Growth was the strongest category, posting an average WTD return of 1.79%. On the other end, Commodity: Focused – Precious Metals was the weakest, with an average return of -2.87%.
For a complete breakdown of individual fund performance, please refer to the full, free performance report available in the right-side panel.
Flows
Flows this week were dominated by the Buffer – Equity category, which pulled in $83 million. The Buffer Reset: October implementation was the most active, attracting $116 million. The individual flow leader was BUFR, which gathered $47 million.
Flows by Asset Class
| Asset Class | # of Funds | AUM | WTD Flow | 1M Flow | 3M Flow | YTD Flow | 1Y Flow |
|---|---|---|---|---|---|---|---|
| Buffer – Commodity | 1 | $57M | $0M | ($12M) | ($27M) | ($13M) | $10M |
| Buffer – Crypto | 16 | $198M | $5M | $23M | $33M | $161M | $161M |
| Buffer – Equity | 402 | $76,135M | $83M | $1,296M | $2,373M | $11,300M | $13,535M |
| Buffer – Fixed Income | 2 | $60M | $1M | $11M | $23M | $9M | ($31M) |
| Buffer – Synthetic Income | 18 | $533M | $1M | $9M | $77M | $182M | $181M |
Flows by Implementation (Outcome Period)
| Implementation | WTD Flow | 1M Flow | 3M Flow | YTD Flow | 1Y Flow |
|---|---|---|---|---|---|
| Inflows | |||||
| Buffer Reset: October | $116M | $1,317M | $920M | $498M | $1,056M |
| Buffer Reset: Quarterly | $75M | $492M | $759M | $2,388M | $2,614M |
| Buffer Reset: Laddered | $71M | $308M | $722M | $2,436M | $3,185M |
| Outflows | |||||
| Buffer Reset: June | ($83M) | ($131M) | ($191M) | $278M | $11M |
| Buffer Reset: July | ($57M) | ($164M) | $62M | $958M | $608M |
| Buffer Reset: December | ($51M) | ($194M) | ($496M) | ($59M) | $1,635M |
Individual Fund Flows (WTD)
| Ticker | Fund Name | WTD Flow |
|---|---|---|
| Top 5 Inflows | ||
| BUFR | FT Vest Laddered Buffer ETF | $47M |
| SFLR | Innovator Equity Managed Floor ETF | $35M |
| NOCT | Innovator Growth-100 Power Buffer ETF- October | $26M |
| QFLR | Innovator Nasdaq-100 Managed Floor ETF | $20M |
| GOCT | FT Vest U.S. Equity Moderate Buffer ETF – October | $18M |
| Top 5 Outflows | ||
| QJUN | FT Vest Nasdaq-100 Buffer ETF – June | ($70M) |
| GJUL | FT Vest U.S. Equity Moderate Buffer ETF – July | ($29M) |
| NDEC | Innovator Growth-100 Power Buffer ETF – December | ($25M) |
| PDEC | Innovator U.S. Equity Power Buffer ETF – December | ($13M) |
| ISEP | Innovator International Developed Power Buffer ETF – September | ($12M) |
League Tables
The competitive landscape continues to be led by FT Vest, with $37.69 billion in AUM, which saw $34 million in weekly inflows. Innovator holds the second spot with $28.76 billion in AUM and gathered $17 million in new assets this week.
Top 5 Issuers by AUM
| Issuer | # of ETFs | AUM | Market Share |
|---|---|---|---|
| FT Vest | 114 | $37.69B | 48.92% |
| Innovator | 149 | $28.76B | 37.33% |
| Allianz | 49 | $4.82B | 6.26% |
| AB Funds | 3 | $1.27B | 1.65% |
| Pacer | 13 | $1.19B | 1.54% |
Issuer Flows (WTD)
| Issuer | WTD Flow | 1M Flow | 3M Flow | YTD Flow | 1Y Flow |
|---|---|---|---|---|---|
| Inflows | |||||
| FT Vest | $34M | $318M | $0.99B | $4.29B | $5.46B |
| Aptus | $23M | $28M | N/A | $0.03B | $0.03B |
| Innovator | $17M | $677M | $0.95B | $4.56B | $5.18B |
| Outflows | |||||
| Calamos | -$6M | -$26M | ($0.03B) | $0.24B | $0.32B |
| TrueShares | -$1M | -$5M | $0.02B | $0.17B | $0.19B |
Explore the data behind the insights. This weekly recap is just the start. Access the complete, in-depth reports for FREE in the right side panel to analyze performance, track flows, and view the latest league tables.
Disclosures
This material is for informational purposes only and should not be considered investment advice. All investments, including ETFs, involve risk, including the possible loss of principal. Investors should consider their investment objectives, risks, charges, and expenses carefully before investing.
This analysis was developed by the team at ETF Action. We leverage advanced AI tools to assist in the drafting and refinement of our content, based on our expert prompts, direction, and final review.
