PortfoliosLab logoPortfoliosLab logo

Innovator Equity Defined Protection ETF - 6 Mo Apr/Oct (APOC) Sortino Ratio: 2.06

APOC's Sortino Ratio of 2.06 indicates that for each unit of downside volatility, it generates 2.06 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 15, 2026).

Unlike other measures, Sortino only focuses on downside volatility (losses), making it particularly useful for investors more concerned about protecting against drawdowns than overall price swings.

APOC Sortino Ratio Rank


APOC Sortino Ratio Rank: 28.729
Below Average

APOC ranks above 28.7% of all investments in our database based on Sortino Ratio over the past 12 months, indicating below-average returns relative to downside risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with minimal downside volatility → Higher rank
  • Severe or frequent drawdowns → Lower rank
  • Upside volatility → No impact (Sortino doesn't penalize upside swings)

What you can do with this information

  • Returns may not adequately compensate for downside risk taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better downside protection
  • Assess whether downside exposure aligns with your portfolio goals

APOC Sortino Ratio Market Positioning

The chart shows APOC's Sortino Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better downside-adjusted returns.


  • Red zone (bottom 25%): 1.82 or lower
  • Yellow zone (middle 50%): 1.82 to 3.66
  • Green zone (top 25%): 3.66 or higher
  • Top 1%: 13.03+
  • Median: 2.84 — half of all investments score higher

How it compares to other similar ETFs

The table compares Innovator Equity Defined Protection ETF - 6 Mo Apr/Oct's Sortino Ratio with other ETFs in the Defined Outcome category across multiple time periods, showing how APOC's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Apr 15, 2026.


SymbolName1Y Sortino Ratio5Y Sortino Ratio10Y Sortino RatioAll Time Sortino Ratio
MMAXiShares Large Cap Max Buffer Mar ETF8.93
EAPRInnovator Emerging Markets Power Buffer ETF - April7.59
NAPRInnovator Nasdaq-100 Power Buffer ETF - April6.89
ZAPRInnovator Equity Defined Protection ETF - 1 Yr April6.57
PAPRInnovator U.S. Equity Power Buffer ETF - April6.50
UAPRInnovator U.S. Equity Ultra Buffer ETF - April6.38
KAPRInnovator Russell 2000 Power Buffer ETF - April6.23
CPSTCalamos S&P 500 Structured Alt Protection ETF - September6.00
PSFMPacer Swan SOS Flex (April) ETF5.97
LJULInnovator Premium Income 15 Buffer ETF - July5.90
APOCInnovator Equity Defined Protection ETF - 6 Mo Apr/Oct2.06

S&P 500 Index

How to choose period

Historical Sortino Ratio

The chart shows APOC's rolling Sortino ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to downside risk, while declining trends may signal deteriorating risk-adjusted performance or increased volatility during market stress. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when APOC consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.


Loading graphics...

Explore APOC risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.