Innovator U.S. Small Cap 10 Buffer ETF… (RBUF) Performance

Cboe BZX: RBUFTotal returns, calendar years, drawdowns and risk since 2024.

RBUF total return

Distributions reinvested · as of Oct 23, 2026
YTD
+6.7%
since Dec 31, 2025
1 year
+7.2%
total return
Since first price
+23.7%
since 2024

RBUF trailing returns vs SPY, QQQ, AGG

RBUF trailing returns
PeriodRBUF total returnPrice onlyS&P 500 (SPY)Nasdaq-100 (QQQ)U.S. bonds (AGG)
1 month+0.2%+0.2%−1.0%−5.0%+0.9%
3 months+0.4%+0.4%+3.2%+1.9%−0.4%
6 months+2.1%+2.1%+7.8%+8.4%−1.5%
YTD+6.7%+6.7%+12.3%+15.1%−1.0%
1 year+7.2%+7.2%+14.4%+15.9%−1.1%
Since inceptionJul 1, 2024+23.7%+23.7%———

Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.

Growth of $10,000: RBUF vs SPY

RBUFS&P 500 (SPY)

From Jul 1, 2024: RBUF grew to $12,371, SPY to $14,301.

Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.

RBUF returns by calendar year

RBUFSPY

1 of 1 full years positive. Best 2025 (+10.9%), worst 2025 (+10.9%). 2026 is year to date.

RBUF annual returns table

RBUF calendar-year returns
YearRBUFLargest dropSPYQQQAGG
2026YTD+6.7%−2.8%+12.3%+15.1%−1.0%
2025+10.9%−9.4%+17.7%+20.8%+7.2%

Largest drop = deepest fall from a high within that calendar year.

Calendar-year return vs largest drop within the year

Calendar-year returnLargest drop within the year

Most years include a sizable fall at some point even when the year ends higher.

RBUF largest drawdowns

Now 1.7% below the high
RBUF largest drawdowns
PeakDeclineBottomRecoveredFallUnderwater
Dec 11, 2024−11.4%Apr 8, 2025Jun 26, 20254 months6 months

Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.

RBUF risk statistics

RBUF risk statistics
StatisticSince 2024
Annualized return+9.0%
Volatility (annualized)5.9%
Sharpe ratio0.81
Sortino ratio1.37
Best month+4.1%
Worst month−3.6%
Best 12 months+17.5%
Worst 12 months+7.3%
Positive months69%
Beta vs S&P 500—
Correlation with S&P 500—

From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.

RBUF rolling returns

RBUF rolling returns
Holding periodPeriodsWorstMedianBestPositive
1-year16+7.0%+10.9%+17.5%100%

Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.

RBUF performance overview

Innovator U.S. Small Cap 10 Buffer ETF… (RBUF) returned +7.2% over the past year, with distributions reinvested. Since its first recorded price on Jul 1, 2024 it has returned +23.7%. Over the same year S&P 500 (SPY) returned +14.4%.

The deepest decline was −11.4%, from Dec 11, 2024 to Apr 8, 2025, and it took 3 months to get back to the old high. Volatility has been 5.9% a year.

Related: RBUF chart. See the RBUF overview for the latest quote and fund facts.

RBUF performance FAQ

What is the RBUF return over the past year?

RBUF returned +7.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 7.2%.

How much would $10,000 invested in RBUF be worth?

$10,000 invested in RBUF at its first recorded close on July 1, 2024 would be worth about $12,371 on October 23, 2026 with distributions reinvested.

What is the biggest drawdown of RBUF?

The largest peak-to-trough decline was −11.4% between December 11, 2024 and April 8, 2025. It recovered to the old high on June 26, 2025, 3 months after the bottom.

How volatile is RBUF?

Over the past history RBUF had an annualized volatility of 5.9% and a Sharpe ratio of 0.81 (excess return over 1–3 month T-bills per unit of risk).