Innovator S&P High Quality Preferred ETF (EPRF)

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Innovator S&P High Quality Preferred ETF (EPRF) is down 2.6% since the beginning of the year. EPRF is currently trading at $17 per share. Investors who bought $1,000 worth of EPRF shares 5 years ago would now be looking at an investment worth $900.

Innovator S&P High Quality Preferred ETF (EPRF) has returned -2.56% so far this year and 1.59% over the past 12 months.

Based on dividend-adjusted daily data since Jul 3, 2017, EPRF's average daily return is +0.01%, while the average monthly return is +0.14%. At this rate, an investment would double in approximately 41.3 years.

Historically, 56% of months were positive and 44% were negative. The best month was Jan 2023 with a return of +12.2%, while the worst month was Apr 2022 at -7.7%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.

On a daily basis, EPRF closed higher 51% of trading days. The best single day was Mar 25, 2020 with a return of +12.2%, while the worst single day was Mar 18, 2020 at -13.6%.

Innovator S&P High Quality Preferred ETF has an annualized alpha of -3.24%, beta of 0.37, and R2 of 0.27 versus S&P 500 Index. Calculated based on daily prices since July 03, 2017.

• This ETF participated in 62.80% of S&P 500 Index downside but only 31.37% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.37 may look defensive, but with R2 of 0.27 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 0.27 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

EPRF has an expense ratio of 0.47%, placing it in the medium range.

EPRF ranks 10 for risk / return — in the bottom 10% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

Innovator S&P High Quality Preferred ETF provided a 6.19% dividend yield over the last twelve months, with an annual payout of $1.04 per share.

The table displays the monthly dividend distributions for Innovator S&P High Quality Preferred ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Innovator S&P High Quality Preferred ETF. 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 S&P High Quality Preferred ETF was 26.82%, occurring on Mar 18, 2020. Recovery took 92 trading sessions.

The current Innovator S&P High Quality Preferred ETF drawdown is 11.22%.

The chart below shows the rolling one-month volatility.