QBUF Innovator Nasdaq-100 10 Buffer ETF Quarterly

ETF

ETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels

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QBUF — —
Key stats
About

Innovator Nasdaq-100 10 Buffer ETF Quarterly (QBUF) ETF

No description available.

Exchange
XNAS
Inception
2024-06-28
Has Options
No
Fund profile
holdings as of Oct 21, 2026issuer datathrough Jul 2026flows, SEC filings
Defined-outcome fund. The stated cap and buffer apply only from the first day of the outcome period to its last; buying in between gives different terms. See what is left in the ETF lab.
Expense ratio
0.79%
issuer, Oct 22, 2026
Assets
$201M
issuer-reported, Oct 21, 2026
Trailing yield
—
Average daily volume
$1.7M
30 sessions
Holdings
6
top 10 are 102.3%
Listed
Jun 30, 2024
Nasdaq
Net asset value
$30.71
issuer, Oct 21, 2026
Closure risk, 12 months
1.5%
low: age · model
FrenzyCap ETF score
34
how it is built
Cost42
Liquidity41
Scale44
Diversification0
Outcome period, decoded from the options in the fund's Oct 21, 2026 holdings (issuer data)
Reference asset
QQQ
period ends Dec 31, 2026 (70 days)
Cap, full period
4.7%
before fees
Buffer, full period
10.0%
first losses absorbed
Reference since start
−2.0%
$725.20 on Oct 21, 2026
Upside left to the cap
6.8%
for a buyer today
Drop before the buffer starts
0.0%
unprotected from here

Moves with. US large-cap stocks (44% of its variance, beta 0.29); Value over growth (15% of its variance, beta -0.10); Bitcoin (3% of its variance, beta 0.01). These factors explain 64% of its daily moves over the last year.

Stated objective. The Fund seeks capital appreciation with a measure of downside protection by providing investors with returns that match the return of the Underlying ETF, up to the upside cap of 5.42% (prior to taking into account management fees and other fees) while seeking to provide a buffer against the first 10% (prior to taking into account management fees and other fees) of Underlying ETF losses, over the period from April 1, 2026 through June 30, 2026. (from the fund's prospectus)

All 6 holdingsFlow historyOverlap toolAll Buffer ETFs

Fund flows
through Jul 2026SEC filings
Jul 2026
+$7.6M
latest reported month
Latest 3 months
+$6.0M
+3.7% of assets
Latest 12 months
−$12K
−0.0% of assets
Aug 2025: +$695KSep 2025: +$2.1MSepOct 2025: +$52M+$52MNov 2025: −$34MNovDec 2025: +$16MJan 2026: +$3KJanFeb 2026: −$19KMar 2026: +$1.8MMarApr 2026: −$44M−$44MMay 2026: −$2.3MMayJun 2026: +$687KJul 2026: +$7.6MJul
View as a table
Net flows of QBUF by month, Aug 2025 to Jul 2026
MonthNet flow
Jul 2026+$7.6M
Jun 2026+$687K
May 2026−$2.3M
Apr 2026−$44M
Mar 2026+$1.8M
Feb 2026−$19K
Jan 2026+$3K
Dec 2025+$16M
Nov 2025−$34M
Oct 2025+$52M
Sep 2025+$2.1M
Aug 2025+$695K

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 27 months ago

Similar funds
FundOverlapFeeAssets1Y
BUFRFT Vest Laddered Buffer ETF—0.95%$10.9B+12.7%compare
BALTInnovator Defined Wealth Shield ETF—0.69%$3.2B+6.7%compare
BUFDFT Vest Laddered Deep Buffer ETF—0.95%$2.2B+10.4%compare
BUFQFT Vest Laddered Nasdaq Buffer ETF—1.00%$1.7B+14.8%compare
FJANFT Vest U.S. Equity Buffer ETF - January—0.85%$1.5B+13.4%compare

The largest other funds in the Buffer category.

Under the hood
fiscal year to Oct 31, 2025SEC census
Authorized participants
6 active
of 6 with agreements; top 3 did 89%
Created · redeemed
$350M · $234M
over the fiscal year
Redemptions in kind
50%
creations 17% in kind
Creation unit
25,000
shares
Securities lending
not authorized
Diversification status
Non-diversified
may concentrate in fewer issuers

From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.

ETF Profile
holdings as of 2026-10-21
Holdings
6
AUM
$201.1M
Provider
Innovator
Inception
2024-06-30
Exchange
XNAS
Data As Of
2026-10-21
Expense Ratio
0.79%
Dividend Yield
—
Distribution
—
Asset Allocation
Top Holdings
top 6 of 6 holdings
Symbol Name Weight % Asset Class Country
— QQQ 12/31/2026 1.86 C 98.18% Derivative —
— QQQ 12/31/2026 739.78 P 4.12% Derivative —
— US BANK MMDA - USBGFS 9 09/01/2037 0.10% Cash/Money Market —
— Cash & Other -0.05% Cash/Money Market —
— QQQ 12/31/2026 774.47 C -1.13% Derivative —
— QQQ 12/31/2026 665.79 P -1.23% Derivative —
Non-Equity Breakdown
Innovator Nasdaq-100 10 Buffer ETF - Quarterly · NPORT-P period 2026-07-31 (filed 2026-09-28)
Net assets: $163M · 5 total positions · equity 0.00% · non-equity 100.07%
Non-equity holdings — 5 positions, 100.07% of NAV
Category Weight Value Positions
Derivative (equity) 99.95% $162.7M 4
Short-term investment 0.12% $199418 1
Chart
Seasonality
Month'24'25'26Avg
Jan--1.34%0.77%1.06%
Feb---0.41%-0.72%-0.56%
Mar--0.16%-0.92%-0.38%
Apr--0.87%3.52%2.19%
May--2.63%0.74%1.69%
Jun--0.55%0.28%0.42%
Jul-0.36%1.60%-1.61%-0.12%
Aug1.80%1.51%1.11%1.47%
Sep2.22%1.92%0.93%1.69%
Oct0.67%1.39%-1.55%*0.17%
Nov2.30%0.05%--1.17%
Dec1.11%0.34%--0.73%
Total7.97%12.58%2.47%7.67%
* Only 3 year(s) of data available.
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $30.87
SMA 50: $30.82
SMA 200: $30.22
Current: $30.38
EMA 12: $30.72
EMA 26: $30.80
MACD: -0.0779 | Signal: -0.0661
BEARISH
ADX (14): 20.16
WEAK TREND
+DI: 16.71
−DI: 35.11

Momentum Oscillators

RSI (14): 37.17
NEUTRAL
Stoch %K: 25.04
Stoch %D: 25.28
Williams %R: -91.95

Volume & Volatility

BB Upper: $31.32
BB Lower: $30.42
OVERSOLD
OBV: -2,328,281
Vol SMA 20: 75,180
Vol ROC: -59.82%
ATR: $0.20
True Range: $0.42
HV 20: 8.1%
HV 30: 8.1%
HV 60: 8.0%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

Click Frenzy-Pro™ for an AI analysis of this ticker.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

QBUF Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 0.4022
Alpha: -0.27%
Correlation: 0.7731
R-Squared: 59.8%
Stock Volatility: 6.6%
Market Volatility: 12.8%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Beta & Alpha Over Time

QBUF Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

61 filers3,664,770 shares$112.60M value
# Filer Shares Value % of Total % of Float Period
1 CENTRAL VALLEY ADVISORS, LLC 428,086 $13.17M 11.70% — 2026-06-30
2 Prasad Wealth Partners, LLC 389,781 $11.99M 10.65% — 2026-06-30
3 Mutual Advisors, LLC 268,610 $8.26M 7.34% — 2026-06-30
4 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 225,521 $6.99M 6.21% — 2026-09-30
5 Sovran Advisors, LLC 202,497 $6.05M 5.37% — 2026-06-30
6 CENTAURUS FINANCIAL, INC. 187,194 $5.76M 5.11% — 2026-06-30
7 SMART Wealth LLC 179,444 $5.52M 4.90% — 2026-06-30
8 CreativeOne Wealth, LLC 172,638 $5.31M 4.72% — 2026-06-30
9 OSAIC HOLDINGS, INC. Custodian 140,000 $4.31M 3.83% — 2026-06-30
10 Raymond James Financial, Inc. Custodian 139,875 $4.30M 3.82% — 2026-06-30
11 Farther Finance Advisors, LLC Custodian 103,458 $3.19M 2.84% — 2026-09-30
12 CARY STREET PARTNERS FINANCIAL LLC 100,421 $3.09M 2.74% — 2026-06-30
13 Beacon Pointe Advisors, LLC 99,760 $3.07M 2.73% — 2026-06-30
14 Kestra Advisory Services, LLC 87,859 $2.70M 2.40% — 2026-06-30
15 Cetera Investment Advisers Custodian 67,239 $2.07M 1.84% — 2026-06-30
16 Kingsview Wealth Management, LLC 64,523 $1.99M 1.76% — 2026-06-30
17 PlanVest Financial, Inc 61,772 $1.90M 1.69% — 2026-06-30
18 COMMONWEALTH EQUITY SERVICES, LLC 60,242 $1.85M 1.65% — 2026-06-30
19 Summit Financial, LLC 53,293 $1.64M 1.46% — 2026-06-30
20 HOLLENCREST CAPITAL MANAGEMENT 46,034 $1.42M 1.26% — 2026-06-30
21 Brookstone Capital Management 43,322 $1.33M 1.18% — 2026-06-30
22 CRUX WEALTH ADVISORS 41,572 $1.28M 1.14% — 2026-06-30
23 Triumph Capital Management 36,147 $1.12M 0.99% — 2026-09-30
24 INDEPENDENT FINANCIAL GROUP, LLC 32,199 $993.98K 0.88% — 2026-09-30
25 Hofer & Associates. Inc 30,589 $944.28K 0.84% — 2026-09-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
Constituent Performance

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Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month