RFLR Innovator U.S. Small Cap Managed Floor ETF

ETF

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

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

RFLR — —
Key stats
About

Innovator U.S. Small Cap Managed Floor ETF (RFLR) ETF

No description available.

Exchange
ARCX
Inception
2024-09-16
Has Options
No
Fund profile
holdings as of Oct 22, 2026issuer datathrough Jul 2026flows, SEC filings
Defined Outcome Hedged Equity#17 of 31 by assets Innovator US Actively managed
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
0.89%
issuer, Oct 23, 2026
Assets
$95M
issuer-reported, Oct 22, 2026
Trailing yield
0.66%
paid quarterly
Average daily volume
$404K
30 sessions
Holdings
836
top 10 are 5.1%
Listed
Sep 16, 2024
NYSE Arca
Net asset value
$31.56
issuer, Oct 22, 2026
Closure risk, 12 months
2.8%
low: trading volume, age · model
FrenzyCap ETF score
18
how it is built
Cost10
Liquidity20
Scale30
Diversificationn/a

Moves with. US large-cap stocks (46% of its variance, beta 0.61); Small caps over large (42% of its variance, beta 0.65). These factors explain 84% of its daily moves over the last year.

Stated objective. The Fund seeks to provide capital appreciation while seeking to limit the amount of losses experienced by investors (prior to taking into account management fees and other fees). (from the fund's prospectus)

All 836 holdingsFlow historyOverlap toolAll Hedged Equity ETFs

Fund flows
through Jul 2026SEC filings
Jul 2026
+$3.2M
latest reported month
Latest 3 months
+$9.5M
+10.3% of assets
Latest 12 months
+$59M
+63.9% of assets
Aug 2025: +$1.4MSep 2025: $0SepOct 2025: +$11MNov 2025: +$1.4MNovDec 2025: +$2.9MJan 2026: +$12MJanFeb 2026: +$5.9MMar 2026: +$2.9MMarApr 2026: +$12M+$12MMay 2026: +$1.5MMayJun 2026: +$4.8MJul 2026: +$3.2MJul
View as a table
Net flows of RFLR by month, Aug 2025 to Jul 2026
MonthNet flow
Jul 2026+$3.2M
Jun 2026+$4.8M
May 2026+$1.5M
Apr 2026+$12M
Mar 2026+$2.9M
Feb 2026+$5.9M
Jan 2026+$12M
Dec 2025+$2.9M
Nov 2025+$1.4M
Oct 2025+$11M
Sep 2025$0
Aug 2025+$1.4M

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 24 months ago

Similar funds
FundOverlapFeeAssets1Y
HELOJPMorgan Hedged Equity Laddered Overlay ETF—0.50%$4.9B+5.7%compare
ACIOAptus Collared Investment Opportunity ETF—0.79%$2.4B+6.8%compare
SFLRInnovator Equity Managed Floor ETF—0.89%$2.3B+7.8%compare
FHEQFidelity Hedged Equity ETF—0.48%$1.0B+8.9%compare
HEGDSwan Hedged Equity US Large Cap ETF—0.87%$692M+7.1%compare

The largest other funds in the Hedged Equity category.

Look-through: what the holdings say
weights as of Oct 22, 2026issuer data
Holdings vs fair value
+17.3%
56% under, 21% over · 98% covered
Price / earnings
88.0
28% loss-making · 96% covered
Price / book · sales
1.9 · 1.1
revenue growth +8.1%
Above 200-day average
59%
48% above 50-day · by weight
Short interest
10.3%
of float, weighted · 5.6 days to cover
Insider buying
8%
of weight had net insider buying, 90 days; 50% net selling
13F holders
+4.5%
change in shares held by institutions, latest quarter
Reporting earnings
25.1%
of weight in 7 days; 71.1% in 14
Largest contributors below fair value
SM+50%PBF+50%CVLT+35%PARR+50%PD+50%
Largest contributors above fair value
EXPO−38%KOD−29%EIG−49%HGTY−34%TVTX−37%

Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.

What changed in the portfolio
Oct 15, 2026 → Oct 16, 2026
ActionHoldingWeight beforeWeight afterShares vs flows
ExitATKRAtkore Inc0.13%——

0 new, 0 exited, 0 increased and 0 decreased between the fund's two latest holdings reports; turnover 1.6%. Full holdings and history

Under the hood
fiscal year to Oct 31, 2025SEC census
Authorized participants
3 active
of 3 with agreements; top 3 did 100%
Created · redeemed
$32M · $1.2M
over the fiscal year
Redemptions in kind
98%
creations 95% in kind
Creation unit
50,000
shares
Securities lending
5.34%
of assets on loan on average; earned 8.5 bp
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 2026-10-22
Holdings
836
AUM
$94.7M
Provider
Innovator
Inception
2024-09-16
Exchange
ARCX
Data As Of
2026-10-22
Expense Ratio
0.89%
Dividend Yield
0.66%
Distribution
Quarterly
Recent distributions
Ex-Date Pay Date Amount Type
2026-09-30 2026-10-02 $0.0657 CD
2026-06-30 2026-07-01 $0.0477 CD
2026-03-31 2026-04-01 $0.0318 CD
2025-12-31 2026-01-02 $0.0626 CD
2025-09-30 2025-10-02 $0.0502 CD
2025-06-30 2025-07-01 $0.0462 CD
Asset Allocation
Top Holdings
top 50 of 836 holdings
Symbol Name Weight % Asset Class Country
— US BANK MMDA - USBGFS 9 09/01/2037 3.19% Cash/Money Market —
— IWM US 06/30/27 P270 1.19% Derivative —
— IWM US 09/30/27 P250 0.88% Derivative —
CVLT Commvault Systems Inc 0.48% Equity (US) US
SM SM Energy Co 0.43% Equity (US) US
VRNS Varonis Systems Inc 0.41% Equity (US) US
TENB Tenable Holdings Inc 0.38% Equity (US) US
PBF PBF Energy Inc 0.38% Equity (US) US
GTLB Gitlab Inc 0.34% Equity (US) US
MMSI Merit Medical Systems Inc 0.31% Equity (US) US
TWST Twist Bioscience Corp 0.30% Equity (US) US
KOD Kodiak Sciences Inc 0.30% Equity (US) US
PARR Par Pacific Holdings Inc 0.30% Equity (US) US
FBP First BanCorp/Puerto Rico 0.30% Equity (US) US
ELF elf Beauty Inc 0.30% Equity (US) US
RHI Robert Half Inc 0.30% Equity (US) US
PD PagerDuty Inc 0.29% Equity (US) US
HTFL HeartFlow Inc 0.28% Equity (US) US
TXG 10X Genomics Inc 0.28% Equity (US) US
TREX Trex Co Inc 0.27% Equity (US) US
OGN Organon & Co 0.27% Equity (US) US
CDNA CareDx Inc 0.27% Equity (US) US
ZETA Zeta Global Holdings Corp 0.27% Equity (US) US
LAUR Laureate Education Inc 0.26% Equity (US) US
LNTH Lantheus Holdings Inc 0.26% Equity (US) US
IOVA Iovance Biotherapeutics Inc 0.26% Equity (US) US
OPCH Option Care Health Inc 0.26% Equity (US) US
PAYO Payoneer Global Inc 0.26% Equity (US) US
FA First Advantage Corp 0.26% Equity (US) US
KFY Korn Ferry 0.25% Equity (US) US
NSIT Insight Enterprises Inc 0.25% Equity (US) US
BFH Bread Financial Holdings Inc 0.25% Equity (US) US
FULT Fulton Financial Corp 0.25% Equity (US) US
XMTR Xometry Inc 0.24% Equity (US) US
HGTY Hagerty Inc 0.24% Equity (US) US
ACA Arcosa Inc 0.24% Equity (US) US
HPK HighPeak Energy Inc 0.24% Equity (US) US
EXPO Exponent Inc 0.24% Equity (US) US
CAKE Cheesecake Factory Inc/The 0.24% Equity (US) US
VG Venture Global Inc 0.23% Equity (US) US
AI C3.ai Inc 0.23% Equity (US) US
MATX Matson Inc 0.23% Equity (US) US
RLAY Relay Therapeutics Inc 0.23% Equity (US) US
ANF Abercrombie & Fitch Co 0.23% Equity (US) US
DOCS Doximity Inc 0.23% Equity (US) US
HSTM HealthStream Inc 0.23% Equity (US) US
AGM Federal Agricultural Mortgage Corp 0.23% Equity (US) US
HRB H&R Block Inc 0.22% Equity (US) US
FTDR Frontdoor Inc 0.22% Equity (US) US
RXO RXO Inc 0.22% Equity (US) US
Non-Equity Breakdown
Innovator U.S. Small Cap Managed Floor ETF · NPORT-P period 2026-07-31 (filed 2026-09-28)
Net assets: $92M · 839 total positions · equity 95.11% · non-equity 15.17%
Non-equity holdings — 9 positions, 15.17% of NAV
Category Weight Value Positions
Short-term investment 13.66% $12.6M 2
Derivative (equity) 1.51% $1.4M 7
Chart
Seasonality
'24'25'26Avg
Jan--1.46%2.53%1.99%
Feb---3.00%0.52%-1.24%
Mar---3.02%-2.89%-2.96%
Apr---0.48%3.52%1.52%
May--1.95%2.20%2.08%
Jun--3.96%5.67%4.81%
Jul--1.57%-1.65%-0.04%
Aug--6.59%-0.11%3.24%
Sep1.63%2.64%-3.03%0.41%
Oct0.89%1.62%0.37%*0.96%
Nov6.79%0.58%--3.69%
Dec-6.28%0.78%---2.75%
Total2.62%15.23%6.99%8.28%
* 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: $31.44
SMA 50: $32.05
SMA 200: $30.92
Current: $31.57
EMA 12: $31.43
EMA 26: $31.58
MACD: -0.1461 | Signal: 0.0589
BEARISH
ADX (14): 14.66
RANGE
+DI: 34.30
−DI: 28.72

Momentum Oscillators

RSI (14): 49.47
NEUTRAL
Stoch %K: 63.95
Stoch %D: 53.28
Williams %R: -32.58

Volume & Volatility

BB Upper: $31.82
BB Lower: $31.06
NEUTRAL
OBV: 820,932
Vol SMA 20: 7,418
Vol ROC: -86.86%
ATR: $0.29
True Range: $0.11
HV 20: 10.1%
HV 30: 9.7%
HV 60: 9.8%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-24T00:00:00 – 2026-10-22T00:00:00
AI Analysis

LLM Stock Analysis Report: RFLR

Executive Summary:

Overall Assessment: NEUTRAL (Confidence Level: 6)

Key Drivers:

  • Bullish MACD signal indicates momentum is building, but price action remains range-bound.
  • Positive earnings surprise could boost sentiment and drive price higher.

Primary Risks:

  • Low volatility could indicate a lack of market interest or potential consolidation.
  • Recent news headlines are neutral, providing no significant catalysts.

Investment Thesis: RFLR's current price action suggests consolidation within a trading range. A positive earnings surprise could spark a breakout, while low volatility and neutral news sentiment may hinder any significant moves.

Recent News Sentiment Impact: The recent news headline about Korn Ferry's Q3 earnings is neutral, which aligns with the stock's current market narrative.

Technical Analysis:

Trend Direction: Neutral (short-term), Range-bound (medium-term)

Support/Resistance Levels:

  • Lower Bollinger Band: $29.72
  • Middle Line (SMA 50): $29.94
  • Upper Bollinger Band: $31.15

Momentum Signals:

  • RSI interpretation: Neutral (63.79)
  • MACD signal: Bullish (0.24 / Signal: 0.06 / Histogram: 0.19)
  • Bollinger Bands position: Neutral (squeeze)

Volume Analysis:

  • Volume trend: Down (-6.40%)
  • Institutional interest signals: None

News & Sentiment Analysis:

Recent Headlines Summary: One neutral news headline about Korn Ferry's Q3 earnings.

Sentiment Assessment: Neutral

Catalyst Identification: Earnings surprise, potentially driving a breakout or consolidation.

Market Narrative: Neutral sentiment and low volatility suggest range-bound trading.

Risk & Volatility Assessment:

Beta Interpretation: Low risk (0.76 vs SPY)

Volatility Regime: Low volatility - stock moves less than market

Options Market Signals:

  • IV rank: N/A
  • Put/call ratios: N/A
  • Unusual activity: None

Downside Protection:

  • Support levels: Lower Bollinger Band ($29.72), Middle Line (SMA 50) ($29.94)
  • Risk management considerations: Stop-loss levels, position sizing

Market Context & Positioning:

Sector Performance: Neutral (vs sector)

Institutional Activity: None

Correlation Analysis: Low correlation with market (R-squared interpretation)

Relative Valuation: Trading range bound

Key Levels & Action Items:

  • Critical price levels: Lower Bollinger Band ($29.72), Middle Line (SMA 50) ($29.94)
  • Breakout/breakdown levels: Upper Bollinger Band ($31.15)
  • Time-sensitive catalysts: Earnings surprise
  • Risk management: Stop-loss levels, position sizing
Generated
News
All RFLR news →

RFLR Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

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: 0.6526
Alpha: 2.96%
Correlation: 0.7004
R-Squared: 49.1%
Stock Volatility: 11.9%
Market Volatility: 12.7%

Analysis Details

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

RFLR 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.

35 filers1,820,400 shares$58.76M value
# Filer Shares Value % of Total % of Float Period
1 Envestnet Asset Management, Inc. 307,863 $10.09M 17.17% — 2026-06-30
2 VanWeelden Wealth Management, LLC 292,942 $9.60M 16.34% — 2026-06-30
3 INDEPENDENT FINANCIAL GROUP, LLC 241,831 $7.59M 12.91% — 2026-09-30
4 Liberty Atlantic Advisors LLC 192,879 $6.06M 10.32% — 2026-09-30
5 Rockefeller Capital Management L.P. Custodian 123,486 $4.05M 6.89% — 2026-06-30
6 WINNACLE WEALTH LLC 97,329 $3.05M 5.20% — 2026-09-30
7 Susquehanna International Group, LLP Custodian 72,083 $2.36M 4.02% — 2026-06-30
8 OSAIC HOLDINGS, INC. Custodian 50,605 $1.66M 2.82% — 2026-06-30
9 Arax Advisory Partners Custodian 40,608 $1.33M 2.27% — 2026-06-30
10 Signal Advisors Wealth, LLC 40,311 $1.26M 2.15% — 2026-09-30
11 Rothschild Wealth LLC 38,536 $1.26M 2.15% — 2026-06-30
12 CreativeOne Wealth, LLC 34,027 $1.12M 1.90% — 2026-06-30
13 NewCorp Financial Services, Inc. 34,509 $1.08M 1.84% — 2026-09-30
14 Brookstone Capital Management 32,575 $1.07M 1.82% — 2026-06-30
15 COMMONWEALTH EQUITY SERVICES, LLC 29,826 $977.75K 1.66% — 2026-06-30
16 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 26,689 $838.57K 1.43% — 2026-09-30
17 Worth Financial Advisory Group, LLC 22,544 $739.03K 1.26% — 2026-06-30
18 WorthPointe, LLC 19,680 $645.14K 1.10% — 2026-06-30
19 Kingsview Wealth Management, LLC 16,796 $550.60K 0.94% — 2026-06-30
20 COFG Advisors, LLC 16,525 $541.71K 0.92% — 2026-06-30
21 Capital Investment Advisory Services, LLC 14,614 $479.07K 0.82% — 2026-06-30
22 SIGNATUREFD, LLC 12,677 $415.57K 0.71% — 2026-06-30
23 Chicago Partners Investment Group LLC 9,618 $309.96K 0.53% — 2026-06-30
24 Farther Finance Advisors, LLC Custodian 9,622 $301.93K 0.51% — 2026-09-30
25 Trek Financial, LLC 7,296 $239.17K 0.41% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
Constituent Performance

Click any bar to view the full quote for that stock.

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