RFLR was created on 2024-09-17 by Innovator. The fund's investment portfolio concentrates primarily on downside hedge alternatives. The ETF currently has 78.62m in AUM and 834 holdings. RFLR aims to participate in 70% of upside appreciation of US small-cap 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 8-12% on a rolling 12-month basis.