Defined Outcome ETF Overview

Defined Outcome ETFs offer investors exposure to the price return of broad equity markets to a cap, with built-in downside buffer levels, over an outcome period of approximately one year, at which point each ETF will reset.

With 119 ETFs traded on the U.S. markets, Defined Outcome ETFs have total assets under management of $7.34B. The average expense ratio is 0.81%. Defined Outcome ETFs can be found in the following asset classes:

  • Equity
  • Commodities
  • Fixed Income

The largest Defined Outcome ETF is the Innovator S&P 500 Power Buffer ETF - January PJAN with $376.80M in assets. In the last trailing year, the best-performing Defined Outcome ETF was BUFF at 35.55%. The most recent ETF launched in the Defined Outcome space was the TrueShares Structured Outcome ETF - May MAYZ on 05/03/21.

Top ETF Performers

BGLD FT Cboe Vest Gold Strategy Quarterly Buffer ETF 3.00%
SEPZ TrueShares Structured Outcome ETF - September 1.82%
AUGZ TrueShares Structured Outcome ETF - August 1.81%
AZAA AllianzIM U.S. Large Cap Buffer10 Apr ETF 1.75%
NVMZ TrueShares Structured Outcome ETF - November 1.74%

Bottom ETF Performers

QDEC First Trust Cboe Vest Growth-100 Buffer ETF – December -0.74%
BMAY Innovator S&P 500 Buffer ETF - May -0.40%
EJAN Innovator MSCI Emerging Markets Power Buffer ETF - January -0.36%
QMAR FT Cboe Vest Growth-100 Buffer ETF - March -0.29%
KOCT Innovator Russell 2000 Power Buffer ETF - October -0.28%

Top Creations

PAPR Innovator S&P 500 Power Buffer ETF - April 167.01
BAPR Innovator S&P 500 Buffer ETF - April 68.02
DAPR FT Cboe Vest U.S. Equity Deep Buffer ETF - April 65.95
FAPR FT Cboe Vest U.S Equity Buffer ETF 60.09
KAPR Innovator Russell 2000 Power Buffer ETF - April 51.35

Top Redemptions

PDEC Innovator S&P 500 Power Buffer ETF - December -48.21
DJAN FT Cboe Vest U.S. Equity Deep Buffer ETF - January -42.04
PJAN Innovator S&P 500 Power Buffer ETF - January -34.21
PSEP Innovator S&P 500 Power Buffer ETF - September -26.19
DFEB FT Cboe Vest U.S. Equity Deep Buffer ETF - February -23.64

AUM Winners

DAPR FT Cboe Vest U.S. Equity Deep Buffer ETF - April 2,307.31%
FAPR FT Cboe Vest U.S Equity Buffer ETF 2,150.48%
XTAP Innovator U.S. Equity Accelerated Plus ETF - April 611.25%
PSFM Pacer Swan SOS Flex April ETF 408.36%
EAPR Innovator MSCI Emerging Markets Power Buffer ETF - April 302.98%

AUM Losers

DJAN FT Cboe Vest U.S. Equity Deep Buffer ETF - January -41.94%
JULZ TrueShares Structured Outcome ETF - July -35.23%
UDEC Innovator S&P 500 Ultra Buffer ETF - December -25.51%
BJUL Innovator S&P 500 Buffer ETF - July -24.98%
TBJL Innovator 20+ Year Treasury Bond 9 Buffer ETF - July -23.74%

Daily ETF Watch

TrueShares Adds May Defined Outcome ETF

TrueShares' family of defined outcome ETFs is nearly complete. 

Daily ETF Watch

First Trust Completes Buffer ETF Series

The funds are all tied to the price performance of 'SPY.'

Daily ETF Watch

Defined Outcome ETF Universe Grows

Among the issuers launching funds today is Innovator, with a new line of ETFs.

Daily ETF Watch

First Trust Debuts 4 ‘Target Outcome’ ETFs

The four funds offer buffered exposure to key asset classes. 

Daily ETF Watch

First Trust Debuts 4 ‘Target Outcome’ ETFs

The four funds offer buffered exposure to key asset classes. 

Daily ETF Watch

First Trust Launches Gold & Income ETF

New fund looks to combine gold exposure with premium income. 

Daily ETF Watch

TrueMark Adds March Defined Outcome ETF

The TrueShares family of defined outcome ETFs is closer to completion.

Daily ETF Watch

TrueMark Adds Feb Defined Outcome ETF

The TrueShares now offer eight structured outcome ETFs resetting annually during specific months. 

Podcasts

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