BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

PEPSvsBFRZETF Comparison

ETF 1

PEPS

Parametric Equity Plus ETF

This fund is part of

Options Strategies

-0.16%

Full PEPS fund page

VS

ETF 2

BFRZ

Innovator Equity Managed 100 Buffer ETF

This fund is part of

Options Strategies

-0.16%

Full BFRZ fund page

Parametric Equity Plus ETF (PEPS) and Innovator Equity Managed 100 Buffer ETF (BFRZ) belong to the same industry segment: Options Strategies. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Consumer Discretionary. PEPS is less expensive with a Total Expense Ratio (TER) of 0.29%, versus 0.89% for BFRZ. PEPS is up 3.31% year-to-date (YTD) with - in YTD flows. BFRZ performs worse with -1.75% YTD performance, and +$48M in YTD flows. Run a side-by-side ETF comparison of PEPS and BFRZ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

Find out how industry players manage ETF portfolios. Discover our library of Model portfolios

PEPS vs BFRZ performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/27/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	PEPS BFRZ	+11.09%+0.30%	+0.94%-2.36%	+3.31%-1.75%	+32.46%n/a	n/an/a	n/an/a
Flows	PEPS BFRZ	-+$8M	-+$23M	-+$48M	--	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	PEPS BFRZ	+16.42%+4.88%	+13.25%n/a	n/an/a	n/an/a
Max drawdown	PEPS BFRZ	-9.84%-2.98%	-9.84%n/a	n/an/a	n/an/a
Max drawdown duration	PEPS BFRZ	80d78d	80dn/a	n/an/a	n/an/a

Trading data

Create an account to view trading data

Join for free

	PEPS	BFRZ
Last sale 4/28/2026 at 2:55 PM	$30.09	$26.35
Previous close 04/28/2026	$30.29	$26.38
Consolidated volume 04/28/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Main metrics

Last update 4/28/2026 at 2:55 PM

Live

Closed

	PEPS	BFRZ
Last price	$30.09	$26.35
1D performance	-0.64%	-0.10%
AuM	$25.72 M	$123.59 M
E/R	0.29%	0.89%

Characteristics

	PEPS	BFRZ
Management strategy	Active	Active
Provider	Morgan Stanley	Innovator
Benchmark	-	-
N° of holdings	174	178
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	November 7, 2024	May 13, 2025
ESG	No	No

More PEPS data on Trackinsight

More BFRZ data on Trackinsight

Exposure

Countries

PEPS

USA

91.64%

Other

8.36%

BFRZ

USA

87.13%

Other

12.87%

Sectors

PEPS

Information Techn.

32.33%

Communication Ser.

10.58%

Consumer Discreti.

9.43%

Health Care

9.41%

Financials

9.35%

Other

28.9%

BFRZ

Information Techn.

30%

Communication Ser.

9.19%

Consumer Discreti.

8.95%

Financials

8.84%

Health Care

8.57%

Industrials

7.26%

Other

27.19%

Diversification

PEPS

Total weight of top 15 holdings out of 15

42.48%

BFRZ

Total weight of top 15 holdings out of 15

39.49%

Top 15 holdings

Data as of March 31, 2026

PEPS

NVIDIA

6.74%

APPLE

6.41%

MICROSOFT-T

4.79%

AMAZON.COM INC

3.60%

ALPHABET INC-CL

2.89%

BROADCOM LIMITED

2.65%

ALPHABET INC-CL

2.59%

META PLATFORMS

2.27%

TESLA

1.88%

JPMORGAN CHASE

1.66%

EXXON

1.62%

LILLY

1.58%

BERKSHIRE HATHWAY

1.37%

JOHNSON&JOHNSON

1.33%

VISA INCORPORATION

1.10%

BFRZ

NVIDIA

6.53%

APPLE

6.04%

MICROSOFT-T

4.19%

AMAZON.COM INC

3.36%

ALPHABET INC-CL

2.70%

BROADCOM LIMITED

2.40%

ALPHABET INC-CL

2.34%

META PLATFORMS

1.94%

TESLA

1.78%

EXXON

1.60%

JPMORGAN CHASE

1.48%

LILLY

1.43%

JOHNSON&JOHNSON

1.30%

BERKSHIRE HATHWAY

1.29%

WALMART INC

1.11%

Frequently asked questions about PEPS and BFRZ

How have the PEPS and BFRZ ETFs performed in 2026?

As of April 27, 2026, PEPS is up 3.31% year-to-date (YTD), while BFRZ has lost -1.75%. That puts PEPS better performer ahead so far this year.

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

Year-to-date, the PEPS ETF saw - in flows, compared to +$48M for BFRZ.

Which ETF is bigger: PEPS or BFRZ?

As of April 27, 2026, PEPS holds $25.72 M in assets under management (AUM), while BFRZ manages $123.59 M.

What sectors do the PEPS and BFRZ ETFs invest in?

PEPS leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, BFRZ focuses on Information Technology, Communication Services and Consumer Discretionary.

PEPSvsBFRZETF Comparison

Parametric Equity Plus ETF

Innovator Equity Managed 100 Buffer ETF

PEPS vs BFRZ performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the PEPS and BFRZ ETFs performed in 2026?

As of April 27, 2026, PEPS is up 3.31% year-to-date (YTD), while BFRZ has lost -1.75%. That puts PEPS better performer ahead so far this year.

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

Year-to-date, the PEPS ETF saw - in flows, compared to +$48M for BFRZ.

Which ETF is bigger: PEPS or BFRZ?

As of April 27, 2026, PEPS holds $25.72 M in assets under management (AUM), while BFRZ manages $123.59 M.

What sectors do the PEPS and BFRZ ETFs invest in?

PEPS leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, BFRZ focuses on Information Technology, Communication Services and Consumer Discretionary.

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

PEPS top holdings include NVIDIA, APPLE and MICROSOFT-T. BFRZ holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: PEPS or BFRZ?

PEPS holds 184 securities with 42.48% of its assets in the top 15. BFRZ has 193 securities and a top 15 weight of 39.49%.

Expert-Built ETF Portfolios, All in One Place