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Innovator U.S. Small Cap Managed Floor ETF
RFLR (Innovator U.S. Small Cap Managed Floor ETF) is a factor Commodities ETF by Innovator. With a 0.89% MER, it provides diversified exposure through 9 holdings. Quarterly distribution with a 0.66% yield.
RFLR by Innovator is a factor-based ETF that targets specific characteristics like value, quality, or low volatility to seek enhanced returns.
Its 0.89% MER reflects the costs of a more specialized management approach.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).