Which buffered ETF is most attractive right now?

The Buffered ETF Screener ranks buffered ETFs from Innovator, First Trust, AllianzIM and Calamos by what is left for a buyer today: the remaining cap, the protection still in place from today's price, and the loss you would take before the buffer begins. Figures are after fees and refresh through the day.

Current cap
20.21%
the most a buyer today can still gain
Buffer remaining
7.67%
protection left from today's price
Loss before buffer
0.00%
how far it can fall before protection starts

Example figures for one S&P 500 fund on one day; the screener shows today's for every fund.

Why we built it

Tom is a financial advisor who started using buffered ETFs for part of his clients' equity allocation after 2022, and then wanted to compare them properly. In his words:

"I got interested, started tracking them all, hired a guy from the local business school to help me, and we got to this spreadsheet that was incredibly unwieldy."Tom, October 2026

His daughter Jessie, a product manager, looked at the spreadsheet and said it was an app. The problem it had to solve was the one Tom kept running into: "I want a buffered ETF for this set of criteria, and I don't know where to start." Finding where to start was cumbersome, because every issuer publishes its figures differently, and the numbers that matter for a buyer today, the remaining cap and the remaining protection, are not the ones on the fact sheet.

So the screener does the comparing. It collects each issuer's current figures, puts them on the same footing after fees, and ranks the funds by a stated formula. It does not recommend anything. It shows you the top of the list for the criteria you choose, with the reasons visible.

What it does

One place for the whole market

Every buffered ETF from Innovator, First Trust, AllianzIM and Calamos, which together cover most of the buffered ETF market. Each issuer displays different fields, sometimes with fees deducted and sometimes not, so we standardize all the information.

Today's figures, not launch day's

Issuer websites are read every four hours and prices come from Yahoo Finance, so each card shows the cap, the protection and the loss before buffer for a purchase at today's price.

A ranking you can see through

Each fund gets a score out of 10 from four parts: upside potential, entry point, buffer depth and risk/reward. Every card opens to show the four parts and the weights. How the score is built.

Who it is for

Financial advisors and other professionals who use buffered ETFs with clients and want to know, before they buy, what a fund still offers from today's price. It is free while in beta. It is a screening tool, not investment advice, and every figure should be verified with the issuer before trading.