Innovator Premium Income 15 Buffer ETF - April (LAPR) belongs to the Options Trading category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with LAPR. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LAPR
LAPR charges 0.79% annually. There are 54 ETFs in the Options Trading category with lower expense ratios, going as low as 0.29%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Hedged Equity ETF | 0.29% | 140.25M | Oct 2023 | LAPR vs PHEQ | |
| State Street Real Estate Select Sector SPDR Premiu... | 0.35% | 2.58M | Jul 2025 | LAPR vs XLRI | |
| Simplify Hedged Equity ETF | 0.43% | 300.35M | Nov 2021 | LAPR vs HEQT | |
| Amplify BlackSwan ISWN ETF | 0.49% | 36.25M | Jan 2021 | LAPR vs ISWN | |
| iShares Large Cap Deep Buffer ETF | 0.50% | 126.98M | Jun 2023 | LAPR vs IVVB |
Best Risk-Adjusted Alternatives to LAPR
LAPR has a PortfoliosLab risk / return rank of 99. No ETFs in the Options Trading category have higher risk-adjusted ranks; the top alternatives shown here go as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 30 Barrier ETF - April | 98 | 32.26M | Mar 2023 | LAPR vs APRJ | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | 98 | 190.94M | May 2020 | LAPR vs APRW | |
| PGIM US Large-Cap Buffer 20 ETF - April | 98 | — | Mar 2024 | LAPR vs PBAP | |
| FT Vest U.S. Equity Buffer & Premium Income ETF - ... | 98 | — | Mar 2024 | LAPR vs XIMR | |
| FT Cboe Vest U.S. Equity Enhance & Moderate Buffer... | 97 | 156.53M | Mar 2023 | LAPR vs XMAR |
Top Performing LAPR Alternatives (YTD)
LAPR is at 3.73% YTD. There are 113 ETFs in the Options Trading category with higher YTD returns, going as high as 109.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax AMD Option Income Strategy ETF | 109.12% | 443.39M | Sep 2023 | LAPR vs AMDY | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | 15.28% | 190.88M | Sep 2023 | LAPR vs QQQY | |
| Kurv Technology Titans Select ETF | 14.52% | 100.42M | Jul 2024 | LAPR vs KQQQ | |
| Defiance R2000 Weekly Distribution ETF | 14.09% | 98.05M | Oct 2023 | LAPR vs IWMY | |
| Roundhill Innovation-100 0DTE Covered Call Strateg... | 13.13% | 923.83M | Mar 2024 | LAPR vs QDTE |
Lowest Volatility Alternatives to LAPR
LAPR has 1.27% 1-year volatility. No ETFs in the Options Trading category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 1.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Alpha Architect Tail Risk ETF | 1.56% | 668.40M | Aug 2013 | LAPR vs CAOS | |
| Innovator Premium Income 30 Barrier ETF - April | 1.56% | 32.26M | Mar 2023 | LAPR vs APRJ | |
| Innovator Premium Income 30 Barrier ETF - July | 1.56% | 13.64M | Jun 2023 | LAPR vs JULJ | |
| FT Vest U.S. Equity Buffer & Premium Income ETF - ... | 2.04% | — | Mar 2024 | LAPR vs XIMR | |
| Innovator Premium Income 15 Buffer ETF - October | 2.14% | 10.77M | Sep 2023 | LAPR vs LOCT |
Lowest Drawdown Alternatives to LAPR
LAPR has a 1-year max drawdown of -0.36%. No ETFs in the Options Trading category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -0.40%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 30 Barrier ETF - April | -0.40% | 32.26M | Mar 2023 | LAPR vs APRJ | |
| Innovator Premium Income 30 Barrier ETF - July | -0.61% | 13.64M | Jun 2023 | LAPR vs JULJ | |
| Alpha Architect Tail Risk ETF | -0.76% | 668.40M | Aug 2013 | LAPR vs CAOS | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | -0.89% | 190.94M | May 2020 | LAPR vs APRW | |
| Innovator Equity Defined Protection ETF - 2 Yr To ... | -0.96% | — | Mar 2024 | LAPR vs AAPR |
Other ETFs from Innovator
The 10 most viewed Innovator ETFs shown here include BALT, FFTY, BUFF and span 6 categories. AUM among these funds goes as high as $3B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Innovator Defined Wealth Shield ETF | Defined Outcome | 95 | 2.57% | 2.68B | Jun 2021 | LAPR vs BALT | |
| Innovator IBD 50 ETF | Large Cap Growth Equities | 26 | 12.47% | 89.40M | Apr 2015 | LAPR vs FFTY | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 89 | 5.94% | 891.58M | Oct 2016 | LAPR vs BUFF | |
| Innovator Equity Managed Floor ETF | Options Trading | 56 | 5.15% | 2.12B | Nov 2022 | LAPR vs SFLR | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 58 | 20.34% | 221.95M | Jul 2018 | LAPR vs LOUP | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 83 | 5.59% | 1.47B | Jan 2019 | LAPR vs PJAN | |
| Innovator U.S. Equity Accelerated Plus ETF | Leveraged Equities | 98 | 11.77% | 22.82M | Apr 2021 | LAPR vs XTAP | |
| Innovator U.S. Equity Buffer ETF - April | Defined Outcome | 97 | 11.27% | 404.39M | Mar 2019 | LAPR vs BAPR | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 87 | 5.32% | 1.12B | Aug 2018 | LAPR vs PJUL | |
| Innovator Nasdaq-100 Managed Floor ETF | Nasdaq-100, Options Trading | 55 | 4.38% | 543.68M | Jan 2024 | LAPR vs QFLR |
Often Compared With LAPR
Investors most often compare LAPR with ARLU, AJUL, PYLD. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare LAPR with Any Fund or Stock
Compare LAPR with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LAPR with funds that move differently
Innovator Premium Income 15 Buffer ETF - April alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LAPR.
Explore LAPR Diversifiers