TrueShares Structured Outcome (April) ETF (APRZ) belongs to the Defined Outcome category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with APRZ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to APRZ
APRZ charges 0.79% annually. There are 93 ETFs in the Defined Outcome category with lower expense ratios, going as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Aptus January Buffer ETF | 0.25% | — | Oct 2025 | APRZ vs JANB | |
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | APRZ vs OCTB | |
| Aptus April Buffer ETF | 0.25% | — | Oct 2025 | APRZ vs APRB | |
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | APRZ vs JULB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | APRZ vs FBUF |
Best Risk-Adjusted Alternatives to APRZ
APRZ has a PortfoliosLab risk / return rank of 48. There are 231 ETFs in the Defined Outcome category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 99 | — | Mar 2025 | APRZ vs PMAP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | APRZ vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 19.60M | Apr 2025 | APRZ vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | APRZ vs ZAPR | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - A... | 98 | 134.85M | Mar 2021 | APRZ vs XBAP |
Top Performing APRZ Alternatives (YTD)
APRZ is at 6.91% YTD. There are 96 ETFs in the Defined Outcome category with higher YTD returns, going as high as 16.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Leverage Shares 2x Capped Accelerated NVDA Monthly... | 16.35% | — | Aug 2025 | APRZ vs NVDO | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 13.85% | — | Jan 2025 | APRZ vs KFEB | |
| Innovator Russell 2000 Power Buffer ETF - April | 13.22% | 214.51M | Mar 2020 | APRZ vs KAPR | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 12.42% | 2.84M | Jun 2025 | APRZ vs QB | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 12.12% | 568.10M | Mar 2021 | APRZ vs QMAR |
Lowest Volatility Alternatives to APRZ
APRZ has 10.86% 1-year volatility. There are 279 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.15%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 1.15% | — | Mar 2025 | APRZ vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.25% | — | Apr 2025 | APRZ vs APXM | |
| PGIM S&P 500 Max Buffer ETF - May | 1.31% | — | Apr 2025 | APRZ vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.36% | 19.60M | Apr 2025 | APRZ vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 1.42% | — | Mar 2025 | APRZ vs MMAX |
Lowest Drawdown Alternatives to APRZ
APRZ has a 1-year max drawdown of -8.85%. There are 235 ETFs in the Defined Outcome category with shallower 1-year drawdowns, going as shallow as -0.35%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | -0.35% | — | Mar 2025 | APRZ vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 19.60M | Apr 2025 | APRZ vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | APRZ vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | APRZ vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.60M | May 2024 | APRZ vs CPSM |
Other ETFs from TrueShares
The 10 most viewed TrueShares ETFs shown here include DIVZ, AUGZ, SEPZ and span 3 categories. AUM among these funds goes as high as $279M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Opal Dividend Income ETF | Large Cap Value Equities | 44 | 7.55% | 278.53M | Jan 2021 | APRZ vs DIVZ | |
| TrueShares Structured Outcome (August) ETF | Defined Outcome | 56 | 7.59% | 43.22M | Jul 2020 | APRZ vs AUGZ | |
| TrueShares Structured Outcome (September) ETF | Options Trading | 56 | 7.74% | 129.42M | Aug 2020 | APRZ vs SEPZ | |
| TrueShares Structured Outcome (March) ETF | Defined Outcome | 55 | 7.48% | 32.94M | Feb 2021 | APRZ vs MARZ | |
| TrueShares Structured Outcome (October) ETF | Defined Outcome | 55 | 7.63% | 43.30M | Sep 2020 | APRZ vs OCTZ | |
| TrueShares Structured Outcome (December) ETF | Defined Outcome | 55 | 7.64% | 36.61M | Nov 2020 | APRZ vs DECZ | |
| Trueshares Structured Outcome (July) ETF | Options Trading | 52 | 7.91% | 36.55M | Jun 2020 | APRZ vs JULZ | |
| TrueShares Structured Outcome (January) ETF | Defined Outcome | 58 | 7.75% | 41.28M | Dec 2020 | APRZ vs JANZ | |
| TrueShares Structured Outcome (June) ETF | Defined Outcome | 56 | 8.02% | 30.73M | May 2021 | APRZ vs JUNZ | |
| TrueShares Quarterly Bull Hedge ETF | Options Trading | 27 | 1.14% | — | Jun 2024 | APRZ vs QBUL |
Often Compared With APRZ
Investors most often compare APRZ with EAPR, SPY, BUFP. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare APRZ with Any Fund or Stock
Compare APRZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair APRZ with funds that move differently
TrueShares Structured Outcome (April) ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to APRZ.
Explore APRZ Diversifiers