{
 "ticker": "QBF",
 "name": "Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly",
 "issuer": "Innovator",
 "desk": "buffer",
 "url": "https://etfiq.com/funds/qbf",
 "html": "https://etfiq.com/funds/qbf",
 "markdown": "https://etfiq.com/funds/qbf.md",
 "as_of": "2026-10-09",
 "verdict": "As of Oct 9, 2026, CBTX is down 1.6% and QBF's protection has not yet begun.",
 "key_facts": [
  {
   "key": "can_still_gain_fund_price",
   "label": "Can still gain, fund price",
   "value": "uncapped",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "QBF, can still gain, fund price: uncapped, as of Oct 9, 2026."
  },
  {
   "key": "fall_before_the_buffer_fund_price",
   "label": "Fall before the buffer, fund price",
   "value": "18.6%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "QBF, fall before the buffer, fund price: 18.6%, as of Oct 9, 2026."
  },
  {
   "key": "protection_left_index_points",
   "label": "Protection left, index points",
   "value": "80.0%",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "QBF, protection left, index points: 80.0%, as of Oct 9, 2026."
  },
  {
   "key": "days_to_reset",
   "label": "Days to reset",
   "value": "83",
   "source": null,
   "as_of": "2026-10-09",
   "sentence": "QBF, days to reset: 83, as of Oct 9, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$14m",
   "source": "issuer page, as of Oct 8, 2026",
   "as_of": "2026-10-09",
   "sentence": "QBF, net assets: $14m (issuer page, as of Oct 8, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.79%",
   "source": "issuer page, Oct 9, 2026",
   "as_of": "2026-10-09",
   "sentence": "QBF, expense ratio: 0.79% (issuer page, Oct 9, 2026)."
  }
 ],
 "fields": [
  {
   "key": "reference_index",
   "label": "Reference index",
   "value": "CBTX",
   "source": null
  },
  {
   "key": "buffer",
   "label": "Buffer",
   "value": "20% to 100%",
   "source": null
  },
  {
   "key": "outcome_period",
   "label": "Outcome period",
   "value": "Sep 30, 2026 to Dec 31, 2026",
   "source": null
  },
  {
   "key": "starting_cap",
   "label": "Starting cap",
   "value": "uncapped",
   "source": null
  },
  {
   "key": "cbtx_return_since_period_start",
   "label": "CBTX return since period start",
   "value": "\u22121.6%",
   "source": null
  },
  {
   "key": "fund_return_since_period_start",
   "label": "Fund return since period start",
   "value": "\u22121.8%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$14m",
   "source": "issuer page, as of Oct 8, 2026"
  },
  {
   "key": "band_state_today",
   "label": "Band state today",
   "value": "Uncapped",
   "source": "ETFIQ"
  },
  {
   "key": "can_still_gain",
   "label": "Can still gain",
   "value": "uncapped",
   "source": "issuer, fund price"
  },
  {
   "key": "fall_before_buffer",
   "label": "Fall before buffer",
   "value": "18.6%",
   "source": "issuer, fund price"
  },
  {
   "key": "fall_to_the_buffer_in_index_terms",
   "label": "Fall to the buffer in index terms",
   "value": "18.7%",
   "source": "ETFIQ"
  },
  {
   "key": "protection_left_in_index_points",
   "label": "Protection left in index points",
   "value": "80.0% of 80.0%",
   "source": "ETFIQ"
  },
  {
   "key": "days_left_in_period",
   "label": "Days left in period",
   "value": "83",
   "source": null
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.79%",
   "source": "issuer page, Oct 9, 2026"
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "+18.7%"
  },
  {
   "window": "6 months",
   "Total return": "+3.0%"
  },
  {
   "window": "1 year",
   "Total return": "\u221234.0%"
  }
 ],
 "questions": [
  {
   "q": "Does QBF have a cap?",
   "a": "No. QBF takes a share of any further rise in CBTX, so there is no ceiling on the upside this period."
  },
  {
   "q": "How far can QBF fall before the buffer helps?",
   "a": "18.6% in fund-price terms on Oct 9, 2026, by the issuer's figure. In index terms CBTX can fall 18.7% from that level before the buffer begins. Losses until that point are the holder's."
  },
  {
   "q": "How much of the QBF buffer is left?",
   "a": "80.0% of the 80.0% buffer sat below the CBTX level on Oct 9, 2026. That is an ETFIQ calculation in index points, on one definition for every issuer."
  },
  {
   "q": "When does QBF reset?",
   "a": "The outcome period ends on Dec 31, 2026, 83 days from the data on Oct 9, 2026. New terms are set the next day and the buffer starts again."
  },
  {
   "q": "What does QBF cost?",
   "a": "The prospectus expense ratio is 0.79% a year."
  }
 ],
 "flows": {
  "as_of": "2026-07-31",
  "coverage": "monthly",
  "computed_by": "ETFIQ, from the change in shares outstanding times the previous day\u2019s NAV",
  "method": "https://etfiq.com/methodology/flows",
  "data": "https://etfiq.com/data/flows/funds/qbf.json",
  "windows": [],
  "latest_month": {
   "month": "2026-07",
   "net_flow_usd": -1565090,
   "net_flow": "\u2212$1.6m",
   "source": "SEC Form N-PORT"
  }
 },
 "generated": "2026-10-09",
 "license": "https://etfiq.com/license/",
 "license_text": "Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, QBF, buffer ETFs, data as of Oct 9, 2026. https://etfiq.com/funds/qbf"
}