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PEPSvsBFRZETF Comparison
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 down -0.2% year-to-date (YTD) with - in YTD flows. BFRZ performs better with -0.01% YTD performance, and +$39M 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.
PEPS vs BFRZ performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | PEPS BFRZ | -2.30%-0.80% | -0.35%-0.42% | -0.20%-0.01% | +26.43%n/a | n/an/a | n/an/a |
| Flows | PEPS BFRZ | -+$5M | -+$39M | -+$39M | -$1M- | -- | -- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PEPS BFRZ | +13.40%+5.71% | +19.62%n/a | n/an/a | n/an/a |
| Max drawdown | PEPS BFRZ | -3.80%-1.70% | -15.21%n/a | n/an/a | n/an/a |
| Max drawdown duration | PEPS BFRZ | 35d28d | 45dn/a | n/an/a | n/an/a |
PEPS | BFRZ | |
Last sale 3/11/2026 at 1:30 PM | $29.21 | $26.84 |
| Previous close 03/10/2026 | $29.21 | $26.82 |
| Consolidated volume 03/10/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
PEPS | BFRZ | |
|---|---|---|
| Last price | $29.21 | $26.84 |
| 1D performance | -0.01% | +0.07% |
| AuM | $24.90 M | $116.49 M |
| E/R | 0.29% | 0.89% |
PEPS | BFRZ | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Morgan Stanley | Innovator |
| Benchmark | - | - |
| N° of holdings | 154 | 169 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | November 7, 2024 | May 13, 2025 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the PEPS and BFRZ ETFs performed in 2026?
As of March 9, 2026, PEPS is down -0.2% year-to-date (YTD), while BFRZ has lost -0.01%. That puts BFRZ 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 +$39M for BFRZ.
Which ETF is bigger: PEPS or BFRZ?
As of March 9, 2026, PEPS holds $24.90 M in assets under management (AUM), while BFRZ manages $116.49 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 162 securities with 43.81% of its assets in the top 15. BFRZ has 183 securities and a top 15 weight of 44.95%.
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