Innovator U.S. Equity Power Buffer ETF - April (PAPR) Alternatives
Innovator U.S. Equity Power Buffer ETF - April (PAPR) 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 PAPR. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to PAPR
PAPR charges 0.79% annually. Among ETFs in the Defined Outcome category, these options have the lowest expense ratios among PAPR alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Fidelity Dynamic Buffered Equity ETF | 0.48% | Apr 9, 2024 | PAPR vs FBUF | |
| iShares Large Cap Max Buffer Sep ETF | 0.50% | Sep 30, 2024 | PAPR vs SMAX | |
| iShares Large Cap Max Buffer December ETF | 0.50% | Dec 31, 2024 | PAPR vs DMAX | |
| iShares Large Cap Max Buffer Mar ETF | 0.50% | Mar 31, 2025 | PAPR vs MMAX | |
| PGIM Laddered S&P 500 Buffer 20 ETF | 0.50% | Jun 11, 2024 | PAPR vs PBFR |
Best Risk-Adjusted Alternatives to PAPR
Among ETFs in the Defined Outcome category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Innovator Equity Defined Protection ETF - 1 Yr Dec... | 97 | Dec 1, 2024 | PAPR vs ZDEK | |
| Innovator Equity Defined Protection ETF - 1 Yr Feb... | 97 | Feb 3, 2025 | PAPR vs ZFEB | |
| iShares Large Cap Max Buffer December ETF | 96 | Dec 31, 2024 | PAPR vs DMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Mar... | 96 | Mar 3, 2025 | PAPR vs ZMAR | |
| Innovator Equity Defined Protection ETF - 1 Yr Jan... | 95 | Dec 31, 2024 | PAPR vs ZJAN |
Top Performing PAPR Alternatives (YTD)
PAPR alternatives from the Defined Outcome category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Innovator Russell 2000 Power Buffer ETF - April | 3.19% | Mar 31, 2020 | PAPR vs KAPR | |
| Innovator International Developed Power Buffer ETF... | 2.69% | Mar 31, 2021 | PAPR vs IAPR | |
| FT Vest U.S. Equity Buffer ETF - March | 2.16% | Mar 19, 2021 | PAPR vs FMAR | |
| Innovator U.S. Equity Buffer ETF - April | 2.08% | Mar 29, 2019 | PAPR vs BAPR | |
| Pacer Swan SOS Moderate (April) ETF | 1.94% | Mar 31, 2021 | PAPR vs PSMR |
Lowest Volatility Alternatives to PAPR
PAPR alternatives from the Defined Outcome category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Innovator Equity Defined Protection ETF - 1 Yr May | 1.51% | May 1, 2025 | PAPR vs ZMAY | |
| Innovator Equity Defined Protection ETF - 1 Yr Jun... | 1.91% | May 30, 2025 | PAPR vs ZJUN | |
| AllianzIM U.S. Equity Buffer100 Protection ETF | 1.99% | Jun 30, 2025 | PAPR vs AIOO | |
| iShares Large Cap Max Buffer Mar ETF | 2.61% | Mar 31, 2025 | PAPR vs MMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 2.62% | Apr 1, 2025 | PAPR vs ZAPR |
Lowest Drawdown Alternatives to PAPR
PAPR alternatives from the Defined Outcome category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Innovator Equity Defined Protection ETF - 1 Yr Dec... | -1.57% | Dec 1, 2024 | PAPR vs ZDEK | |
| Innovator Equity Defined Protection ETF - 1 Yr Feb... | -1.73% | Feb 3, 2025 | PAPR vs ZFEB | |
| Innovator Equity Defined Protection ETF - 1 Yr Jan... | -1.87% | Dec 31, 2024 | PAPR vs ZJAN | |
| Innovator Equity Defined Protection ETF - 1 Yr Oct... | -1.91% | Oct 1, 2024 | PAPR vs ZOCT | |
| Innovator Equity Defined Protection ETF - 1 Yr Mar... | -1.92% | Mar 3, 2025 | PAPR vs ZMAR |
Other ETFs from Innovator
Most popular Innovator ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Innovator Defined Wealth Shield ETF | Defined Outcome | 86 | -0.13% | Jun 30, 2021 | PAPR vs BALT | |
| Innovator IBD 50 ETF | Large Cap Growth Equities | 41 | -4.02% | Apr 9, 2015 | PAPR vs FFTY | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 77 | -0.90% | Oct 20, 2016 | PAPR vs BUFF | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 80 | -9.90% | Jul 24, 2018 | PAPR vs LOUP | |
| Innovator Equity Managed Floor ETF | Options Trading | 72 | -3.85% | Nov 8, 2022 | PAPR vs SFLR | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 71 | -1.89% | Jan 2, 2019 | PAPR vs PJAN | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 84 | -1.00% | Aug 7, 2018 | PAPR vs PJUL | |
| Innovator U.S. Equity Power Buffer ETF October | Defined Outcome | 68 | -1.84% | Sep 28, 2018 | PAPR vs POCT | |
| Innovator U.S. Equity Ultra Buffer ETF - August | Defined Outcome | 83 | -1.44% | Jul 31, 2019 | PAPR vs UAUG | |
| Innovator IBD Breakout Opportunities ETF | Mid Cap Growth Equities | 25 | 8.23% | Sep 13, 2018 | PAPR vs BOUT |
Often Compared With PAPR
What investors most often compare with PAPR, based on PortfoliosLab usage data.
Compare PAPR with Any Fund or Stock
Compare PAPR with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.