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Innovator Emerging Markets Power Buffer ETF - Apri...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Issuer
Innovator
Inception Date
Mar 31, 2021
Region
Emerging Markets (Broad)
Leveraged
1x (No leverage)
Index Tracked
MSCI Emerging Markets
Distribution Policy
Accumulating
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Innovator Emerging Markets Power Buffer ETF - April, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Innovator Emerging Markets Power Buffer ETF - April (EAPR) has returned 0.61% so far this year and 12.59% over the past 12 months.


Innovator Emerging Markets Power Buffer ETF - April

1D
-0.97%
1M
-0.66%
YTD
0.61%
6M
2.49%
1Y
12.59%
3Y*
6.93%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Apr 1, 2021, EAPR's average daily return is +0.02%, while the average monthly return is +0.31%. At this rate, your investment would double in approximately 18.7 years.

Historically, 63% of months were positive and 37% were negative. The best month was Nov 2022 with a return of +9.1%, while the worst month was Sep 2022 at -6.5%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 3 months.

On a daily basis, EAPR closed higher 52% of trading days. The best single day was Mar 16, 2022 with a return of +5.4%, while the worst single day was Apr 4, 2025 at -3.1%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.89%0.38%-0.66%0.61%
20251.17%0.92%0.47%0.08%1.89%3.39%0.54%1.49%2.12%0.70%0.31%0.85%14.80%
2024-3.20%1.58%1.54%-0.08%1.21%1.81%0.50%0.98%2.90%-1.36%-1.77%-1.11%2.86%
20233.79%-1.05%2.37%-0.86%-1.20%2.88%3.57%-3.89%-1.87%-1.64%4.04%2.15%8.19%
20220.32%-1.32%1.26%-3.24%0.70%-3.02%0.09%-0.38%-6.47%-0.77%9.05%-0.62%-5.01%
20210.25%1.23%0.36%-3.06%1.10%-2.05%0.59%-2.40%1.27%-2.80%

Benchmark Metrics

Innovator Emerging Markets Power Buffer ETF - April has an annualized alpha of -0.13%, beta of 0.36, and R² of 0.39 versus S&P 500 Index. Calculated based on daily prices since April 05, 2021.

  • This ETF participated in 38.58% of S&P 500 Index downside but only 29.35% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.36 may look defensive, but with R² of 0.39 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.39 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

Alpha
-0.13%
Beta
0.36
0.39
Upside Capture
29.35%
Downside Capture
38.58%

Expense Ratio

EAPR has an expense ratio of 0.89%, placing it in the medium range.


Return for Risk

Risk / Return Rank

EAPR ranks 84 for risk / return — in the top 84% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


EAPR Risk / Return Rank: 8484
Overall Rank
EAPR Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
EAPR Sortino Ratio Rank: 8686
Sortino Ratio Rank
EAPR Omega Ratio Rank: 9595
Omega Ratio Rank
EAPR Calmar Ratio Rank: 6767
Calmar Ratio Rank
EAPR Martin Ratio Rank: 9292
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Innovator Emerging Markets Power Buffer ETF - April (EAPR) and compare them to a chosen benchmark (S&P 500 Index).


EAPRBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.64

0.90

+0.74

Sortino ratio

Return per unit of downside risk

2.39

1.39

+1.00

Omega ratio

Gain probability vs. loss probability

1.46

1.21

+0.25

Calmar ratio

Return relative to maximum drawdown

1.77

1.40

+0.37

Martin ratio

Return relative to average drawdown

13.21

6.61

+6.60

Explore EAPR risk-adjusted metrics in detail

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

Dividends

Dividend History


Innovator Emerging Markets Power 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 Emerging Markets Power 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 Emerging Markets Power Buffer ETF - April was 17.65%, occurring on Oct 24, 2022. Recovery took 391 trading sessions.

The current Innovator Emerging Markets Power Buffer ETF - April drawdown is 0.97%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-17.65%Jun 3, 2021352Oct 24, 2022391May 15, 2024743
-10.24%Mar 18, 202516Apr 8, 202542Jun 9, 202558
-7.05%Oct 8, 202466Jan 13, 202526Feb 20, 202592
-5.32%Jul 15, 202416Aug 5, 202434Sep 23, 202450
-4.32%Feb 21, 20257Mar 3, 202510Mar 17, 202517

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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