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
US45782C8709
45782C870
Apr 1, 2019
North America (U.S.)
1x
Cboe S&P 500 15% Buffer Protect April Series Index
Large-Cap
Expense Ratio
PAPR features an expense ratio of 0.79%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 2.63% year-to-date (YTD) and 13.23% in the last 12 months.
PAPR
2.63%
0.96%
6.96%
13.23%
7.42%
N/A
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of PAPR, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.57% | 2.63% | |||||||||||
| 2024 | 1.07% | 1.18% | 0.48% | -2.02% | 2.98% | 2.27% | 0.58% | 1.88% | 1.20% | -0.28% | 3.01% | -0.59% | 12.28% |
| 2023 | 3.07% | 0.23% | 1.38% | 1.12% | 0.34% | 3.59% | 1.39% | -0.13% | -2.17% | -1.31% | 5.76% | 2.32% | 16.45% |
| 2022 | -0.51% | -0.40% | 2.05% | -5.02% | 0.64% | -4.75% | 5.28% | -2.08% | -4.58% | 4.57% | 2.64% | -1.55% | -4.29% |
| 2021 | 0.00% | 0.52% | 0.47% | 1.81% | 0.51% | 0.95% | 0.49% | 0.87% | -0.96% | 1.79% | -0.43% | 1.28% | 7.51% |
| 2020 | 0.19% | -3.85% | -3.82% | 4.18% | 3.02% | -0.00% | 1.58% | 1.51% | -0.39% | -0.75% | 3.03% | 0.17% | 4.62% |
| 2019 | 1.25% | -2.93% | 3.73% | 0.73% | -0.89% | 1.20% | 1.07% | 1.55% | 0.74% | 6.47% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 83, PAPR is among the top 17% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
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 provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.80 |
Dividend yield | 0.00% | 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $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 | $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 | $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 | $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 | $0.00 |
| 2019 | $0.80 | $0.00 | $0.80 |
Drawdowns
Drawdowns Chart
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.
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 0.06%.
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 |
| -4.68% | Jul 17, 2024 | 14 | Aug 5, 2024 | 10 | Aug 19, 2024 | 24 |
| -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 |
Volatility
Volatility Chart
The current Innovator U.S. Equity Power Buffer ETF - April volatility is 1.15%, 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.