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Innovator U.S. Equity Buffer ETF - April (BAPR)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US45782C8881

CUSIP

45782C888

Issuer

Innovator

Inception Date

Apr 1, 2019

Region

North America (U.S.)

Leveraged

1x

Index Tracked

Cboe S&P 500 Buffer Protect Index April

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

BAPR has an expense ratio of 0.79%, placing it in the medium range.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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S&P 500

Returns By Period

Innovator U.S. Equity Buffer ETF - April (BAPR) returned -0.97% year-to-date (YTD) and 8.91% over the past 12 months.


BAPR

YTD

-0.97%

1M

4.08%

6M

-1.94%

1Y

8.91%

3Y*

11.18%

5Y*

9.87%

10Y*

N/A

^GSPC (Benchmark)

YTD

0.52%

1M

6.32%

6M

-1.44%

1Y

12.25%

3Y*

12.45%

5Y*

14.20%

10Y*

10.84%

*Annualized

Monthly Returns

The table below presents the monthly returns of BAPR, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20252.19%-0.65%-5.60%-0.61%3.96%-0.97%
20241.48%2.40%0.83%-2.67%3.64%2.72%0.77%2.06%1.64%-0.41%4.01%-1.37%15.95%
20234.87%-0.74%3.90%1.07%0.47%5.02%1.93%-0.64%-3.52%-1.60%7.27%3.52%23.16%
2022-1.23%-1.30%4.24%-6.52%0.39%-6.03%6.80%-2.77%-6.42%5.78%3.91%-2.88%-7.04%
20210.05%0.84%0.45%3.05%0.86%1.45%0.95%1.37%-1.92%3.30%-0.70%2.33%12.58%
20200.08%-6.53%-4.98%7.23%2.99%0.70%2.24%1.96%-0.72%-0.85%4.08%0.58%6.19%
20192.26%-4.86%5.27%1.21%-1.34%1.57%1.38%2.97%1.91%10.49%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of BAPR is 53, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of BAPR is 5353
Overall Rank
The Sharpe Ratio Rank of BAPR is 5656
Sharpe Ratio Rank
The Sortino Ratio Rank of BAPR is 5050
Sortino Ratio Rank
The Omega Ratio Rank of BAPR is 5454
Omega Ratio Rank
The Calmar Ratio Rank of BAPR is 5454
Calmar Ratio Rank
The Martin Ratio Rank of BAPR is 5252
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Innovator U.S. Equity Buffer ETF - April (BAPR) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Innovator U.S. Equity Buffer ETF - April Sharpe ratios as of May 30, 2025 (values are recalculated daily):

  • 1-Year: 0.61
  • 5-Year: 0.85
  • All Time: 0.67

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Innovator U.S. Equity Buffer ETF - April compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History


Innovator U.S. Equity Buffer ETF - April doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Innovator U.S. Equity Buffer ETF - April. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Innovator U.S. Equity Buffer ETF - April was 23.91%, occurring on Mar 20, 2020. Recovery took 108 trading sessions.

The current Innovator U.S. Equity Buffer ETF - April drawdown is 4.67%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-23.91%Feb 20, 202022Mar 20, 2020108Aug 24, 2020130
-15.58%Feb 20, 202534Apr 8, 2025
-15.17%Apr 5, 2022132Oct 12, 2022156May 26, 2023288
-7.85%Jul 25, 201922Aug 23, 201977Dec 12, 201999
-7.04%Aug 1, 202363Oct 27, 202314Nov 16, 202377
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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