Innovator U.S. Equity Power Buffer ETF - April (PAPR)
PAPR is a passive ETF by Innovator tracking the investment results of the Cboe S&P 500 15% Buffer Protect April Series Index. PAPR launched on Apr 1, 2019 and has a 0.79% expense ratio.
ETF Info
| ISIN | US45782C8709 |
|---|---|
| CUSIP | 45782C870 |
| Issuer | Innovator |
| Inception Date | Apr 1, 2019 |
| Region | North America (U.S.) |
| Category | Volatility Hedged Equity |
| Index Tracked | Cboe S&P 500 15% Buffer Protect April Series Index |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Expense Ratio
PAPR has a high expense ratio of 0.79%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: PAPR vs. SPY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Innovator U.S. Equity 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.
Returns By Period
Innovator U.S. Equity Power Buffer ETF - April had a return of 0.37% year-to-date (YTD) and 10.88% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 0.37% | 5.21% |
| 1 month | -2.18% | -4.30% |
| 6 months | 7.89% | 18.42% |
| 1 year | 10.88% | 21.82% |
| 5 years (annualized) | 5.79% | 11.27% |
| 10 years (annualized) | N/A | 10.33% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.07% | 1.18% | 0.48% | -2.02% | ||||||||
| 2023 | -1.31% | 5.76% | 2.32% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of PAPR is 84, placing it in the top 16% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Innovator U.S. Equity Power Buffer ETF - April(PAPR)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Innovator U.S. Equity Power Buffer ETF - April (PAPR) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Innovator U.S. Equity Power Buffer ETF - April granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.80 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.08% |
Monthly Dividends
The table displays the monthly dividend distributions for Innovator U.S. Equity Power Buffer ETF - April. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.80 | $0.00 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Innovator U.S. Equity 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 U.S. Equity Power Buffer ETF - April was 15.31%, occurring on Mar 23, 2020. Recovery took 93 trading sessions.
The current Innovator U.S. Equity Power Buffer ETF - April drawdown is 2.32%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.31% | Feb 20, 2020 | 23 | Mar 23, 2020 | 93 | Aug 4, 2020 | 116 |
| -10.95% | Apr 5, 2022 | 51 | Jun 16, 2022 | 230 | May 17, 2023 | 281 |
| -4.56% | Jul 31, 2023 | 64 | Oct 27, 2023 | 12 | Nov 14, 2023 | 76 |
| -3.52% | Apr 30, 2019 | 24 | Jun 3, 2019 | 12 | Jun 19, 2019 | 36 |
| -2.92% | Jul 29, 2019 | 6 | Aug 5, 2019 | 27 | Sep 12, 2019 | 33 |
Volatility
Volatility Chart
The current Innovator U.S. Equity Power Buffer ETF - April volatility is 2.20%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.