Buffer ETFs—exchange-traded funds that protect investor returns from market downturns while capping the upside—have drawn in tens of billions of dollars in recent years from baby boomers and ...

But have these ETFs worked for investors? That question is arguably more pertinent to buffer ETFs than it is to other types of funds for a few reasons. For one, investors are drawn to buffer ETFs by ...

Buffer ETFs use options to limit portfolio gains and losses. The segment has grown enormously since 2020, and it’s dominated by Innovator and First Trust, whose funds hold the vast majority of buffer ...