ATLASInnovator Equity Managed 100 Buffer ETF (BFRZ): outlook, holdings and fees
Innovator Equity Managed 100 Buffer ETF (BFRZ) is an exchange-traded fund and is managed by Innovator ETFs. The expense ratio is 86.06% and the yield is 0.24%. The ten largest holdings are 39% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on BFRZ
| Last price | $27.01 (0.0%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 57% |
| Likely 1-month range (50%) | $26.60 – $27.71 |
| Normal 1-day range (±1σ) | ±0.7% |
| Distribution yield | 0.24% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
BFRZ fund facts
| Issuer | Innovator ETFs |
|---|---|
| Theme | Buffered (defined outcome) |
| Assets under management | $145M |
| Expense ratio | 86.06% |
| Number of holdings | 47 |
| Inception | May 12, 2025 |
| Exchange | NYSE |
The fund will invest at least 80% of its net assets (including borrowings for investment purposes) in equity securities and option contracts that give economic exposure to equity securities.
BFRZ top holdings
| Holding | Sector | Weight |
|---|---|---|
| NVIDIA Corporation NVDA | Technology | 7.64% |
| Apple Inc. AAPL | Technology | 7.17% |
| Microsoft Corporation MSFT | Technology | 5.65% |
| Amazon.com Inc AMZN | Consumer Cyclical | 4.07% |
| Alphabet Inc Class A GOOGL | Communication Services | 3.24% |
| Alphabet Inc Class C GOOG | Communication Services | 2.66% |
| Broadcom Inc AVGO | Technology | 2.46% |
| Meta Platforms Inc. META | Communication Services | 2.38% |
| Micron Technology Inc MU | Technology | 1.77% |
| Tesla Inc TSLA | Consumer Cyclical | 1.87% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
BFRZ sector breakdown
| Sector | Weight |
|---|---|
| Technology | 40.8% |
| Financial Services | 10.7% |
| Communication Services | 10.3% |
| Consumer Cyclicals | 9.9% |
| Healthcare | 8.8% |
| Industrials | 7.3% |
| Consumer Defensive | 4.7% |
| Energy | 3.5% |
| Utilities | 1.6% |
| Real Estate | 1.3% |
| Basic Materials | 1.3% |
By region: North America 99.3%, Asia Emerging 0.3%, United Kingdom 0.2%, Europe Developed 0.2%.
BFRZ returns and risk
| Year to date | +2.2% |
|---|---|
| 1 year | +3.0% |
| Volatility (3 years) | 0.0% |
| Sharpe ratio (3 years) | 0.00 |
Past returns do not guarantee future results.
BFRZ: frequently asked questions
What does BFRZ invest in?
Innovator Equity Managed 100 Buffer ETF invests in a portfolio of securities. Its largest holdings are NVIDIA Corporation (7.6%), Apple Inc. (7.2%), Microsoft Corporation (5.7%), Amazon.com Inc (4.1%), Alphabet Inc Class A (3.2%).
What is the BFRZ expense ratio?
86.06% a year: about $8,606.00 for every $10,000 invested.
What is the BFRZ dividend yield?
0.24%. ATLAS does not hold the exact distribution dates for ETFs.
Will BFRZ go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 57%, with a likely range (50%) of $26.60 to $27.71 from $27.01 today. It is a probability, not a prediction.
How has BFRZ performed?
Year to date +2.2%, one year +3.0%. Past returns do not guarantee future results.
Similar ETFs: Buffered (defined outcome)
- FT Vest Laddered Buffer ETF (BUFR)
- Innovator Defined Wealth Shield ETF (BALT)
- FT Vest Laddered Deep Buffer ETF (BUFD)
- FT Vest Laddered Nasdaq Buffer ETF (BUFQ)
- Innovator U.S. Equity Power Buffer ETF - January (PJAN)
- Innovator U.S. Equity Power Buffer ETF - September (PSEP)
- FT Vest Laddered Moderate Buffer ETF (BUFZ)
- Innovator Laddered Allocation Buffer ETF (BUFF)
Educational information, not investment advice. Disclaimer