KBFR ETF — Holdings & Analysis
The Innovator U.S. Small Cap Managed 10 Buffer ETF (KBFR) is an actively managed ETF by Parametric with $0.01 billion in assets under management. Launched on 2026-02-24, KBFR aims to provide exposure to U.S.
small-cap equities while mitigating volatility and seeking to protect against 10%-14% of reference asset losses. The fund's expense ratio is 0.79%.
Innovator U.S. Small Cap Managed 10 Buffer ETF (KBFR) ETF — Price, Holdings & Analysis
ETF Overview
Risk Metrics
Expense Ratio
How Is the Fund Allocated?
| Country | Weight |
|---|---|
| United States | 90.0% |
| Other | 6.1% |
| Canada | 0.4% |
| Bermuda | 1.3% |
| Cayman Islands | 0.3% |
| Israel | 0.1% |
| Monaco | 0.1% |
| United Kingdom | 0.3% |
| Greece | 0.1% |
| Ireland | 0.3% |
Dividend Yield
- Innovator U.S. Equity Accelerated 9 Buffer ETF (XBAP) (Equity) — 0.79% expense ratio
- Innovator Intl Developed Power Buffer ETF (ISEP) (Equity) — 0.85% expense ratio
- Innovator U.S. Equity Power Buffer ETF (PJAN) (Equity) — 0.79% expense ratio
- Innovator Equity Dual Directional 15 Buffer ETF (DDFJ) (Equity) — 0.79% expense ratio
- Innovator Equity Dual Directional 10 Buffer ETF (DDTN) (Equity) — 0.79% expense ratio
- Innovator U.S. Equity Accelerated Plus ETF (XTJL) (Equity) — 0.79% expense ratio
Questions & Answers
What is KBFR and what does it track?
The Innovator U.S. Small Cap Managed 10 Buffer ETF (KBFR) is an actively managed ETF designed to provide exposure to U.S. small-cap equities while mitigating volatility.
Launched on 2026-02-24, KBFR seeks to protect against the first 10%-14% of losses in the reference asset.
What is the expense ratio for KBFR?
The expense ratio for KBFR is 0.79%. This means that for every $10,000 invested, $79 is deducted annually to cover the fund's operating expenses.
This expense ratio is higher than some passively managed small-cap ETFs, which can have expense ratios as low as 0.05%. However, the higher expense ratio may be justified by the fund's active management and downside protection strategy.
What are the top holdings in KBFR?
As an actively managed 'buffer' ETF, KBFR does not disclose specific individual equity holdings. Instead, it uses derivatives and other instruments to achieve its objective of downside protection. The fund's strategy involves managing exposure to a basket of U.S.
small-cap stocks to provide a buffer against potential losses. The fund holds 861 positions, with 90.0% of its exposure in United States.
Is KBFR a good long-term investment?
Whether KBFR is a suitable long-term investment depends on an individual's investment goals and risk tolerance. The fund's strategy of providing downside protection may be attractive to risk-averse investors. However, the higher expense ratio of 0.79% could impact long-term returns.
Investors should carefully consider the fund's investment strategy, expense ratio, and historical performance before making a decision. Past performance does not guarantee future results.
How does KBFR compare to similar ETFs?
KBFR differentiates itself from traditional small-cap ETFs through its actively managed buffer strategy, aiming to provide downside protection. While other small-cap ETFs may offer lower expense ratios, KBFR's unique approach may appeal to investors seeking to mitigate risk.
The fund's AUM is $0.01 billion, which is smaller than some of the larger, more established small-cap ETFs.
Does KBFR pay dividends?
As of 2026-03-15, KBFR has a dividend yield of 0.00%. This indicates that the fund does not currently distribute dividends to its shareholders.
Investors seeking income from their investments may want to consider other ETFs that offer a higher dividend yield. However, KBFR's primary focus is on providing capital appreciation and downside protection, rather than generating income.