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Innovator International Developed Power Buffer ETF - April (IAPR) Sharpe Ratio: 1.94

IAPR's Sharpe Ratio of 1.94 indicates that for each unit of volatility, it generates 1.94 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 2, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

IAPR Sharpe Ratio Rank

IAPR Sharpe Ratio Rank: 87.988
Exceptional

IAPR ranks above 87.9% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Suitable as a core holding given strong risk-adjusted returns
  • Monitor rank changes to detect deteriorating return-to-volatility profile
  • Exceptional Sharpe ratio supports larger position sizes
  • Compare with category peers to assess whether strength is investment-specific or category-wide

IAPR Sharpe Ratio Market Positioning

The chart shows IAPR's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.50 or lower
  • Yellow zone (middle 50%): 0.50 to 1.45
  • Green zone (top 25%): 1.45 or higher
  • Top 1%: 5.85+
  • Median: 0.97 — half of all investments score higher

How it compares to other similar ETFs

The table compares Innovator International Developed Power Buffer ETF - April's Sharpe Ratio with other ETFs in the Defined Outcome category across multiple time periods, showing how IAPR's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Apr 2, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
ZFEBInnovator Equity Defined Protection ETF - 1 Yr February2.45
ZDEKInnovator Equity Defined Protection ETF - 1 Yr December2.43
ZMARInnovator Equity Defined Protection ETF - 1 Yr March2.31
ZJANInnovator Equity Defined Protection ETF - 1 Yr January2.27
DMAXiShares Large Cap Max Buffer December ETF2.25
SMAXiShares Large Cap Max Buffer Sep ETF2.17
ZOCTInnovator Equity Defined Protection ETF - 1 Yr October2.03
EJULInnovator Emerging Markets Power Buffer ETF - July1.98
ZSEPInnovator Equity Defined Protection ETF - 1 Yr September1.95
IAPRInnovator International Developed Power Buffer ETF - April1.94

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows IAPR's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when IAPR consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Explore IAPR risk-adjusted metrics in detail

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

IAPR Sortino Ratio