BFEB vs EALT
Innovator US Equity Buffer ETF - February vs Innovator US Equity 5 to 15 Buffer ETF - Quarterly
Which is better, BFEB or EALT?
BFEB has been ahead.
EALT has a lower expense ratio. BFEB led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.90.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BFEB | EALT |
|---|---|---|
| Expense Ratio | 0.79% | 0.69%Best |
| AUM | $208M | $189M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 18 | 23 |
| YTD Return | +11.67%Best | +3.94% |
| 1Y Return | +15.60%Best | +6.78% |
| 3Y Return (annualized) | +17.04%Best | +12.25% |
| 5Y Return (annualized) | +11.68% | - |
| Volatility (annualized) | 8.1%Best | 8.7% |
| Max Drawdown | -13.8%Best | -14.8% |
| $10,000 over 3 years | $16,235Best | $14,322 |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Feb 3, 2020 | Oct 2, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Oct 2, 2023 to Oct 14, 2026 (3 years).
BFEB vs EALT growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3 years both funds cover.
BFEB vs EALT Performance
Innovator US Equity Buffer ETF - February (BFEB) is an ETF from Innovator ETFs Trust and Innovator US Equity 5 to 15 Buffer ETF - Quarterly (EALT) is an ETF from Innovator ETFs Trust. Over the past year BFEB returned +15.60% while EALT returned +6.78%. Year to date, BFEB is up 11.67% versus a gain of 3.94% for EALT.
Over three years, BFEB compounded at +17.04% per year against +12.25% for EALT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EALT has been the more volatile fund, with annualized monthly volatility of 8.7% compared with 8.1% for BFEB. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -13.8% for BFEB and -14.8% for EALT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BFEB charges 0.79% per year while EALT charges 0.69%. On a $10,000 position that is $79 vs $69 annually, a gap of $10 per year that compounds over a long holding period. On income, BFEB currently yields 0.00% against 0.00% for EALT.
You are not choosing between two funds in isolation.
Whichever of BFEB and EALT you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
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Frequently Asked Questions
Which is cheaper, BFEB or EALT?
BFEB has an expense ratio of 0.79% while EALT charges 0.69%. EALT is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, BFEB or EALT?
Over the past year BFEB returned +15.60% vs +6.78% for EALT, so BFEB leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BFEB or EALT?
EALT has been the more volatile fund at 8.7% annualized versus 8.1% for BFEB. Worst drawdown: BFEB -13.8% vs EALT -14.8%.
Should I hold both BFEB and EALT?
BFEB and EALT have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, BFEB or EALT?
BFEB yields 0.00% while EALT yields 0.00%, so EALT currently pays the higher dividend yield.
Is EALT better than BFEB?
EALT has a lower expense ratio. BFEB led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.90. Which one suits a particular account depends on what it is for. This is information, not a recommendation.