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

RFLR · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/rflr

## Price

Last close $31.40 on Oct 15, 2026. 52-week range $26.95 – $33.46.

## Fund profile

RFLR aims to provide capital appreciation by holding a portfolio of small-cap US stocks while hedging the downside risk using a laddered options strategy. The fund utilizes four, one-year FLEX options packages with staggered three-month expiration dates to target a maximum loss of approximately 10% on a rolling 12-month basis.

| Metric | Value |
| --- | --- |
| Issuer | Innovator |
| Industry | — |
| Inception | Sep 16, 2024 |
| Assets under management | $93.1M |
| Expense ratio | 0.89% |
| Net asset value | $31.39 (as of Oct 15, 2026) |
| Distributions | Quarterly |
| Leverage | 1x |

## Frequently Asked Questions

### What is Innovator U.S. Small Cap Managed Floor ETF (RFLR)?

RFLR aims to provide capital appreciation by holding a portfolio of small-cap US stocks while hedging the downside risk using a laddered options strategy. The fund utilizes four, one-year FLEX options packages with staggered three-month expiration dates to target a maximum loss of approximately 10% on a rolling 12-mont…

### What is RFLR's expense ratio?

Innovator U.S. Small Cap Managed Floor ETF charges an annual expense ratio of 0.89%. The fund is issued by Innovator.

### How large is RFLR?

Innovator U.S. Small Cap Managed Floor ETF manages $93.1M in assets and has traded since Sep 16, 2024.

### How do I buy shares of Innovator U.S. Small Cap Managed Floor ETF (RFLR)?

RFLR trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).