BFRZ was created on 2025-05-12 by Innovator. The fund's investment portfolio concentrates primarily on downside hedge alternatives. The ETF currently has 131.68m in AUM and 183 holdings. BFRZ is actively managed to provide limited upside potential while seeking to limit losses to 3 percent, as measured at the end of one-year periods. The fund holds US large-cap stocks and exchange-traded options contracts.