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BFRZvsIWBETF Comparison

ETF 1

BFRZ

Innovator Equity Managed 100 Buffer ETF

This fund is part of

Options Strategies

-0.17%

Full BFRZ fund page

VS

ETF 2

IWB

iShares Russell 1000 ETF

This fund is part of

US Large Cap

-0.1%

Full IWB fund page

Innovator Equity Managed 100 Buffer ETF (BFRZ) belongs to the Options Strategies segment. iShares Russell 1000 ETF (IWB) is part of the US Large Cap segment. BFRZ's top 3 sector exposures are Technology, Finance and Consumer Non-Cyclicals. In contrast, IWB's top sector exposures are Technology, Finance and Healthcare. BFRZ is more expensive with a Total Expense Ratio (TER) of 0.89%, versus 0.15% for IWB. BFRZ is up 0.38% year-to-date (YTD) with +$59M in YTD flows. IWB performs better with 8.74% YTD performance, and -$2.14B in YTD flows. Run a side-by-side ETF comparison of BFRZ and IWB below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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BFRZ vs IWB performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 07/24/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	BFRZ IWB	+0.66%+0.72%	+2.00%+3.65%	+0.38%+8.74%	+5.05%+17.15%	n/a+67.48%	n/a+73.19%
Flows	BFRZ IWB	-$7M-$506M	+$11M+$144M	+$59M-$2.14B	+$97M-$1.04B	--$2.74B	--$2.19B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	BFRZ IWB	+7.30%+12.83%	+5.81%+12.83%	n/a+15.21%	n/a+17.29%
Max drawdown	BFRZ IWB	-2.72%-4.33%	-2.98%-8.86%	n/a-19.16%	n/a-25.17%
Max drawdown duration	BFRZ IWB	52d52d	102d76d	n/a126d	n/a709d

Trading data

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	BFRZ	IWB
Last sale 7/24/2026 at 1:30 PM	$26.87	$404.18
Previous close 07/23/2026	$26.87	$403.98
Consolidated volume 07/23/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of June 30, 2026

1-year trailing difference

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BFRZ

is actively managed and doesn’t replicate an index

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	BFRZ	IWB
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 7/24/2026 at 1:30 PM

Live

Closed

	BFRZ	IWB
Last price	$26.87	$404.18
1D performance	-0.02%	+0.05%
AuM	$136.94 M	$47.71 B
E/R	0.89%	0.15%

Characteristics

	BFRZ	IWB
Management strategy	Active	Passive
Provider	Innovator	iShares
Benchmark	-	Russell 1000 Index
N° of holdings	177	1006
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	May 13, 2025	May 15, 2000
ESG	No	No

More BFRZ data on Trackinsight

More IWB data on Trackinsight

Exposure

Countries

BFRZ

USA

93.91%

Other

6.09%

IWB

USA

97.26%

Other

2.74%

Sectors

BFRZ

Technology

43.72%

Finance

12.63%

Consumer Non-Cycl.

8.78%

Healthcare

8.5%

Industrials

7.45%

Other

18.92%

IWB

Technology

43.33%

Finance

13.78%

Healthcare

8.9%

Industrials

8.8%

Consumer Non-Cycl.

8.46%

Other

16.73%

Diversification

BFRZ

Total weight of top 15 holdings out of 15

43.32%

IWB

Total weight of top 15 holdings out of 15

39.67%

Top 15 holdings

Data as of June 30, 2026

BFRZ

NVIDIA Corp.

7.04%

Apple, Inc.

6.49%

Microsoft Corp.

4.20%

Amazon.com, Inc.

3.62%

Alphabet, Inc.

3.12%

Broadcom Inc.

2.75%

Alphabet, Inc.

2.60%

Micron Technology, Inc.

2.34%

Meta Platforms, Inc.

1.92%

Tesla, Inc.

1.87%

Eli Lilly & Co.

1.78%

JPMorgan Chase & Co.

1.65%

Advanced Micro Devices, Inc.

1.51%

Berkshire Hathaway, Inc.

1.24%

Johnson & Johnson

1.19%

IWB

NVIDIA Corp.

6.72%

Apple, Inc.

6.03%

Microsoft Corp.

3.99%

Amazon.com, Inc.

3.33%

Alphabet, Inc.

3.00%

Broadcom Inc.

2.53%

Alphabet, Inc.

2.42%

Micron Technology, Inc.

1.87%

Meta Platforms, Inc.

1.78%

Tesla, Inc.

1.77%

Eli Lilly & Co.

1.38%

Advanced Micro Devices, Inc.

1.36%

Berkshire Hathaway, Inc.

1.34%

JPMorgan Chase & Co.

1.26%

Intel Corp.

0.88%

Frequently asked questions about BFRZ and IWB

BFRZvsIWBETF Comparison

Innovator Equity Managed 100 Buffer ETF

iShares Russell 1000 ETF

BFRZ vs IWB performance and flow charts

Performance

Cumulative Flows

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Countries

Sectors

Diversification

Top 15 holdings

How have the BFRZ and IWB ETFs performed in 2026?

As of July 24, 2026, BFRZ is up 0.38% year-to-date (YTD), while IWB has returned 8.74%. That puts IWB better performer ahead so far this year.

Which ETF is attracting more investor money: BFRZ or IWB?

Year-to-date, the BFRZ ETF saw +$59M in flows, compared to -$2.14B for IWB.

Which ETF is more volatile: BFRZ or IWB?

Over the past year, BFRZ had a volatility of 5.81%, while IWB experienced 12.83%.

Which ETF is bigger: BFRZ or IWB?

As of July 24, 2026, BFRZ holds $136.94 M in assets under management (AUM), while IWB manages $47.71 B.

What sectors do the BFRZ and IWB ETFs invest in?

BFRZ leans toward sectors like Technology, Finance and Consumer Non-Cyclicals. Meanwhile, IWB focuses on Technology, Finance and Healthcare.

What are the top holdings of the BFRZ ETF and IWB ETF?

BFRZ top holdings include NVIDIA Corp., Apple, Inc. and Microsoft Corp.. IWB holds in its top three: NVIDIA Corp., Apple, Inc. and Microsoft Corp..

Which ETF is more diversified: BFRZ or IWB?

BFRZ holds 179 securities with 43.32% of its assets in the top 15. IWB has 1023 securities and a top 15 weight of 39.67%.

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