Macro Summary
The Buffer ETF channel now commands a total of $75.6 billion in assets under management, distributed across 426 unique ETFs from 16 different issuers. Over the past week, the segment saw net inflows of $483 million, bringing the year-to-date total to an impressive $10.79 billion.
Looking at the longer-term trend, the channel has attracted $14.24 billion in total flows over the past year, signaling sustained investor interest. The pace of innovation continues, with 8 new Buffer ETFs launched in the last three months alone, further expanding the range of available strategies for investors.
Performance
Performance in the Buffer ETF space is idiosyncratic, heavily dependent on the underlying asset class each fund tracks. This past week, the strongest returns were seen in funds linked to Digital Asset: Cryptocurrency – Bitcoin, which posted a week-to-date (WTD) return of 12.22%. On the other end of the spectrum, the weakest performance was from funds tracking Fixed Income: Taxable – Government Long, with a WTD return of 0.80%.
These figures represent the performance of the underlying beta trackers, not the individual ETFs themselves, which offer a range of outcomes based on their specific buffer and cap levels. For a detailed breakdown of how individual funds performed against their benchmarks, please explore the full, free performance report available in the right-side panel.
Flows
Flows by Asset Class
| Asset Class | # of Funds | AUM | WTD Flow | 1M Flow | 3M Flow | YTD Flow | 1Y Flow |
|---|---|---|---|---|---|---|---|
| Buffer – Commodity | 1 | $60M | ($8M) | ($15M) | ($24M) | ($9M) | $13M |
| Buffer – Crypto | 12 | $181M | ($1M) | ($3M) | ($14M) | $138M | $138M |
| Buffer – Equity | 393 | $74,758M | $481M | $1,028M | $2,075M | $10,477M | $13,931M |
| Buffer – Fixed Income | 2 | $50M | $0M | $0M | $10M | ($2M) | ($36M) |
| Buffer Synthetic Income | 18 | $532M | $11M | $35M | $106M | $182M | $189M |
Flows by Implementation (Outcome Period)
| Implementation | WTD Flow | 1M Flow | 3M Flow | YTD Flow | 1Y Flow |
|---|---|---|---|---|---|
| Inflows | |||||
| Buffer Reset: October | $537M | $320M | ($209M) | ($281M) | $1,310M |
| Buffer Reset: Quarterly | $253M | $337M | $620M | $2,111M | $2,666M |
| Buffer Reset: Laddered | $40M | $269M | $764M | $2,202M | $3,224M |
| Outflows | |||||
| Buffer Reset: December | ($92M) | ($161M) | ($415M) | $45M | $1,651M |
| Buffer Reset: February | ($43M) | ($151M) | ($344M) | $1,141M | $768M |
| Buffer Reset: March | ($43M) | ($184M) | ($322M) | $501M | $159M |
Individual Fund Flows (WTD)
| Ticker | Fund Name | WTD Flow |
|---|---|---|
| Top 5 Inflows | ||
| POCT | Innovator U.S. Equity Power Buffer ETF – October | $207M |
| OCTW | AllianzIM U.S. Large Cap Buffer20 Oct ETF | $107M |
| BALT | Innovator Defined Wealth Shield ETF | $99M |
| SFLR | Innovator Equity Managed Floor ETF | $81M |
| ZOCT | Innovator Equity Defined Protection ETF – 1 Yr October | $48M |
| Top 5 Outflows | ||
| PSEP | Innovator U.S. Equity Power Buffer ETF – September | ($66M) |
| BUFF | Innovator Laddered Allocation Power Buffer ETF | ($61M) |
| PDEC | Innovator U.S. Equity Power Buffer ETF – December | ($58M) |
| PFEB | Innovator U.S. Equity Power Buffer ETF – February | ($31M) |
| PAPR | Innovator U.S. Equity Power Buffer ETF – April | ($24M) |
League Tables
Top 5 Issuers by AUM
| Issuer | # of ETFs | AUM | Market Share |
|---|---|---|---|
| FT Vest | 112 | $37.17B | 49.18% |
| Innovator | 146 | $28.18B | 37.29% |
| Allianz | 49 | $4.81B | 6.37% |
| AB Funds | 3 | $1.24B | 1.65% |
| Pacer | 13 | $1.16B | 1.54% |
Issuer Flows (WTD)
| Issuer | WTD Flow | 1M Flow | 3M Flow | YTD Flow | 1Y Flow |
|---|---|---|---|---|---|
| Inflows | |||||
| Innovator | $243M | $441M | $0.74B | $4.17B | $5.26B |
| FT Vest | $113M | $444M | $1.00B | $4.04B | $5.73B |
| Allianz | $80M | $68M | $0.23B | $0.83B | $1.04B |
| Outflows | |||||
| TrueShares | -$11M | -$12M | $0.06B | $0.17B | $0.18B |
| Calamos | -$1M | -$3M | $0.00B | $0.27B | $0.37B |
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.
