FT Vest U.S. Equity Buffer ETF - April (FAPR) 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 FAPR. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FAPR
FAPR charges 0.85% annually. There are 215 ETFs in the Defined Outcome category with lower expense ratios, going as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Aptus April Buffer ETF | 0.25% | — | Oct 2025 | FAPR vs APRB | |
| Aptus January Buffer ETF | 0.25% | — | Oct 2025 | FAPR vs JANB | |
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | FAPR vs OCTB | |
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | FAPR vs JULB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | FAPR vs FBUF |
Best Risk-Adjusted Alternatives to FAPR
FAPR has a PortfoliosLab risk / return rank of 93. There are 69 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 | FAPR vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 19.60M | Apr 2025 | FAPR vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | FAPR vs MMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | FAPR vs ZAPR | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - A... | 98 | 134.85M | Mar 2021 | FAPR vs XBAP |
Top Performing FAPR Alternatives (YTD)
FAPR is at 5.45% YTD. There are 148 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 | FAPR vs NVDO | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 13.34% | — | Jan 2025 | FAPR vs KFEB | |
| Innovator Russell 2000 Power Buffer ETF - April | 12.71% | 214.51M | Mar 2020 | FAPR vs KAPR | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 12.33% | 568.10M | Mar 2021 | FAPR vs QMAR | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 12.15% | 2.84M | Jun 2025 | FAPR vs QB |
Lowest Volatility Alternatives to FAPR
FAPR has 4.43% 1-year volatility. There are 84 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.16%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 1.16% | — | Mar 2025 | FAPR vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.24% | — | Apr 2025 | FAPR vs APXM | |
| PGIM S&P 500 Max Buffer ETF - May | 1.31% | — | Apr 2025 | FAPR vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.34% | 19.60M | Apr 2025 | FAPR vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 1.42% | — | Mar 2025 | FAPR vs MMAX |
Lowest Drawdown Alternatives to FAPR
FAPR has a 1-year max drawdown of -2.21%. There are 74 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 | FAPR vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 19.60M | Apr 2025 | FAPR vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | FAPR vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | FAPR vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.60M | May 2024 | FAPR vs CPSM |
Other ETFs from FT Vest
The 10 most viewed FT Vest ETFs shown here include BGLD, RDVI, BUFQ and span 7 categories. AUM among these funds goes as high as $3B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| FT Vest Gold Strategy Quarterly Buffer ETF | Defined Outcome, Gold, Precious Metals | 19 | -4.89% | 51.07M | Jan 2021 | FAPR vs BGLD | |
| FT Cboe Vest Rising Dividend Achievers Target Inco... | Derivative Income | 76 | 14.90% | 3.49B | Oct 2022 | FAPR vs RDVI | |
| FT Vest Laddered Nasdaq Buffer ETF | Nasdaq-100, Options Trading | 81 | 8.57% | 1.52B | Jun 2022 | FAPR vs BUFQ | |
| FT Vest Laddered Deep Buffer ETF | Defined Outcome | 89 | 5.59% | 1.93B | Jan 2021 | FAPR vs BUFD | |
| FT Vest U.S. Equity Buffer ETF - October | Defined Outcome | 82 | 7.19% | 1.16B | Oct 2020 | FAPR vs FOCT | |
| FT Cboe Vest U.S. Equity Buffer ETF - September | Options Trading | 77 | 7.29% | 1.22B | Sep 2020 | FAPR vs FSEP | |
| FT Vest Dow Jones Internet & Target Income ETF | Technology Equities | 10 | 0.64% | — | Mar 2024 | FAPR vs FDND | |
| FT Vest DJIA Dogs 10 Target Income ETF | Derivative Income | 56 | 9.21% | 77.70M | Apr 2023 | FAPR vs DOGG | |
| FT Vest U.S. Equity Buffer ETF - February | Defined Outcome | 85 | 8.10% | 1.38B | Feb 2020 | FAPR vs FFEB | |
| FT Vest U.S. Equity Deep Buffer ETF - December | Defined Outcome | 88 | 5.49% | 429.01M | Dec 2020 | FAPR vs DDEC |
Often Compared With FAPR
Investors most often compare FAPR with BUFR, BMAY, JEPQ. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare FAPR with Any Fund or Stock
Compare FAPR with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FAPR with funds that move differently
FT Vest U.S. Equity Buffer ETF - April alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FAPR.
Explore FAPR Diversifiers