QFLR ETF — Innovator Nasdaq-100 Managed Floor ETF

Innovator Nasdaq-100 Managed Floor ETF (QFLR)

Updated October 16, 2026.

QFLR is an ETF that tracks the Nasdaq-100 Index. its expense ratio is 0.89%. Total return is 40.5% over the past 2.7 years, 21.0 points behind SPY at 61.5%.

Innovator Nasdaq-100 Managed Floor ETF is an actively managed fund that seeks capital appreciation through exposure to large-cap U.S. equities in the Nasdaq-100 Index while using an options overlay to limit maximum potential losses. The fund has a very low distribution rate and makes distributions on a variable schedule, with an expense ratio of 0.89%. It appeals to equity investors seeking growth with downside protection rather than current income.

QFLR performance versus SPY

Price and return data through 2026-10-16.

Total return is 40.5% over the past 2.7 years, 21.0 points behind SPY at 61.5%. Over the past year its total return — price change plus distributions reinvested — is 5.5%. Its deepest 1-year drawdown was 7.9%.

QFLR key facts

Issuer

Innovator ETFs

Asset type

ETF

Asset class

Equity

Inception date

01/24/2024

Expense ratio

0.89%

Distribution frequency

None

Last close

$35.20 (as of 2026-10-16)

AUM

$527,348,706

Average volume

36686.0

Ex-dividend date

03/31/2025

Payment date

04/01/2025

Beta

0.9192

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Innovator ETFs; Index: Nasdaq-100 Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

QFLR risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.9%.

Who may consider QFLR — and who may not

It is a weaker fit for investors who need monthly cash flow (QFLR does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on QFLR

• All tickers starting with Q

Tagged: Active, Nasdaq100, Options, Downside Protection.

Frequently asked questions

More securities from Innovator ETFs.