KBFR - Innovator U.S. Small Cap Managed 10 Buffer ETF
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U.S. Small Cap Managed 10 Buffer ETF™
 KBFR
ETF SUMMARY
The Innovator U.S. Small Cap Managed 10 Buffer ETF™ is actively managed by Parametric and designed to provide U.S. small-cap equity exposure with reduced volatility, while seeking to protect the fund against 10%-14% of reference asset losses.
There can be no guarantee that the Fund will be successful in implementing their strategy to provide sought-after protection against losses in the index by implementing the sought-after buffers.
GROWTH OF $10,000
Data from 2/23/2026 to 2/23/2026
ETF PERFORMANCE & BENCHMARK HISTORY Quarter End | Month End
 YTD1 Year3 Year5 YearInception
Fund NAV-----
Fund Closing Price-----
Russell 2000 Index-----
Data as of 2/24/2026. The Fund incepted on 2/23/2026. Performance quoted represents past performance, which is no guarantee of future results. Investment returns and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Returns less than one year are cumulative. One cannot invest directly in an index.
ETF DETAILS
Ticker
KBFR
Listing Date
2/24/2026
Exposure
U.S. Small Cap
Number of Holdings
848
Expense Ratio
0.79%
Distribution Frequency
Quarterly
CUSIP
45784N262
Exchange
NYSE Arca
TRADING DETAILS
NAV
$24.75
Closing Price
-
Premium/Discount
$0.00 / 0.00%
Shares Outstanding
50,000
Market Value
$1,237,500
As of 2/23/2026
Need Help Trading KBFR?
See our 3 Rules for ETF Trading
ETF STRATEGY
U.S. SMALL CAP EXPOSURE
PORTFOLIO OF LADDERED BUFFERS
PARAMETRIC'S ACTIVE CALL-SELLING STRATEGY
TOP 10 HOLDINGS As of 2/24/2026
TickerCompanySectorWeight
 IWM 12/31/2026 260 P 1.94%
 IWM 09/30/2026 260 P 1.66%
 IWM 06/30/2026 260 P 1.31%
 IWM 03/31/2026 260 P 0.76%
SMTCSemtech CorpInformation Technology0.31%
UECUranium Energy CorpEnergy0.31%
TEXTerex CorpIndustrials0.30%
PRAXPraxis Precision Medicines IncHealth Care0.28%
2580510DViper Energy IncEnergy0.28%
ARWRArrowhead Pharmaceuticals IncHealth Care0.28%
» View All Holdings
Holdings are subject to change.
sector
SECTOR WEIGHTS
Financials
16.98%
Health Care
16.59%
Industrials
14.73%
Information Technology
13.17%
Consumer Discretionary
11.04%
Energy
6.92%
Real Estate
6.39%
Materials
4.52%
Unclassified
2.97%
Utilities
2.51%
Consumer Staples
2.44%
Communication Services
1.75%
DISTRIBUTIONS
Ex-Dividend Date Record Date Payable Date Income Short Term Gains Long Term Capital Gains Return of Capital Total Distribution
This fund has not made any distributions.
NEED HELP TRADING KBFR?
If you have questions around KBFR execution, we can help you find the best price available on the market. Feel free to email or call us directly at 800.208.5212, or contact your trade desk to walk you through how to achieve best execution.
3 RULES FOR ETF TRADING
• Avoid trading on the open or the close
• Use limit orders
• Leverage resources that can help
 
Leading the Defined Outcome ETF Revolution™
The Fund seeks to provide risk-managed investment exposure to its index by implementing a hedging strategy. There is no guarantee that the Fund will be successful in implementing its strategy to provide hedged market exposure. The Fund does not provide principal protection or non-principal protection, and an investor may experience losses on their investment, including the loss of their entire investment.The Fund seeks to provide a series of “buffers” that each seeks to protect the Fund against 10% of index losses, as measured at the end of one-year periods and prior to taking into account fees and expenses. The implementation of the buffers is not guaranteed.The Fund implements a “laddering” approach such that the Fund staggers its Options Portfolio, and therefore the sought-after protection of the buffers. The Fund ladders the investment buffers by purchasing put option contracts with a one-year duration that have staggered expiration dates of three-months. The Fund also sells short-dated (i.e., two-weeks) call option contracts that expire every three to four calendar days used towards funding the Fund’s purchased put option contracts. Each Fund’s option strategy will cause the Fund to forego a portion of the upside returns of their equity portfolio to the extent the reference asset for the sold call option contract increases in value beyond the strike price of such option contract.The time at which an investor purchases or sells Fund shares could impact the extent to which such investor benefits from a specific buffer provided by each Fund’s put option contracts. If an investor purchases shares after the option contracts for an options portfolio were entered into or does not stay invested in the Fund for the entire duration of the respective put option contracts, such investor may not fully benefit from the sought-after downside protection of a given buffer. In light of the laddered put option contracts utilized to implement the 10% buffers, the Fund will experience investment buffers that are expected to be greater or less than the sought-after 10% buffer.FLEX Options Risk. The Fund will utilize FLEX Options issued and guaranteed for settlement by the Options Clearing Corporation (OCC). In the unlikely event that the OCC becomes insolvent or is otherwise unable to meet its settlement obligations, the Fund could suffer significant losses. Additionally, FLEX Options may be less liquid than standard options. In a less liquid market for the FLEX Options, the Fund may have difficulty closing out certain FLEX Options positions at desired times and prices. The values of FLEX Options do not increase or decrease at the same rate as the reference asset and may vary due to factors other than the price of reference asset.Small-Cap Companies Risk Small cap companies may be more volatile and susceptible to adverse developments than their mid and large cap counterpart. In addition, the small cap companies may be less liquid than larger companies.
Shares are bought and sold at market price, not net asset value (NAV), and are not individually redeemable from the fund. NAV represents the value of each share's portion of the fund's underlying assets and cash at the end of the trading day. Market price returns reflect the midpoint of the bid/ask spread as of the close of trading on the exchange where fund shares are listed.
© 2026 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.
Nothing on this website should be considered a solicitation to buy or an offer to sell shares of any Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.
Investing involves risk. Principal loss is possible. All rights reserved. Innovator ETFs are distributed by Foreside Fund Services, LLC.
The Fund's investment objectives, risks, charges and expenses should be considered carefully before investing. The prospectus and summary prospectus contain this and other important information, and it may be obtained at innovatoretfs.com. Read it carefully before investing.
The following marks: Accelerated ETFs®, Accelerated Plus ETF®, Accelerated Return ETF®, Barrier ETF®, Buffer ETF™, Defined Outcome Bond ETF®, Defined Outcome ETFs™, Define Your Future®, Enhanced ETF™, Floor ETF®, Innovator ETFs®, Leading the Defined Outcome ETF Revolution™, Managed Buffer ETF®, Managed Outcome ETF®, Step-Up™, Step-Up ETFs®, Defined Protection ETF®, 100% Buffer ETFs™ and all related names, logos, product and service names, designs, and slogans are the trademarks of Innovator Capital Management, LLC, its affiliates or licensors. Use of these terms is strictly prohibited without proper written authorization.
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