AAPR vs. HIGH
Compare and contrast key facts about Innovator Equity Defined Protection ETF - 2 Yr To April 2026 (AAPR) and Simplify Enhanced Income ETF (HIGH).
AAPR and HIGH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AAPR is an actively managed fund by Innovator. It was launched on Mar 28, 2024. HIGH is an actively managed fund by Simplify Asset Management Inc.. It was launched on Oct 27, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AAPR or HIGH.
Correlation
The correlation between AAPR and HIGH is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AAPR vs. HIGH - Performance Comparison
Key characteristics
AAPR:
1.11
HIGH:
0.28
AAPR:
1.64
HIGH:
0.65
AAPR:
1.25
HIGH:
1.11
AAPR:
1.17
HIGH:
0.48
AAPR:
5.32
HIGH:
1.77
AAPR:
1.32%
HIGH:
2.32%
AAPR:
6.33%
HIGH:
14.70%
AAPR:
-5.99%
HIGH:
-8.59%
AAPR:
-1.81%
HIGH:
-2.03%
Returns By Period
In the year-to-date period, AAPR achieves a -0.38% return, which is significantly lower than HIGH's 4.75% return.
AAPR
-0.38%
4.04%
-0.25%
6.66%
N/A
N/A
HIGH
4.75%
11.84%
3.58%
4.19%
N/A
N/A
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AAPR vs. HIGH - Expense Ratio Comparison
AAPR has a 0.79% expense ratio, which is higher than HIGH's 0.51% expense ratio.
Risk-Adjusted Performance
AAPR vs. HIGH — Risk-Adjusted Performance Rank
AAPR
HIGH
AAPR vs. HIGH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Defined Protection ETF - 2 Yr To April 2026 (AAPR) and Simplify Enhanced Income ETF (HIGH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AAPR vs. HIGH - Dividend Comparison
AAPR has not paid dividends to shareholders, while HIGH's dividend yield for the trailing twelve months is around 7.11%.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
AAPR Innovator Equity Defined Protection ETF - 2 Yr To April 2026 | 0.00% | 0.00% | 0.00% | 0.00% |
HIGH Simplify Enhanced Income ETF | 7.11% | 8.34% | 9.40% | 0.62% |
Drawdowns
AAPR vs. HIGH - Drawdown Comparison
The maximum AAPR drawdown since its inception was -5.99%, smaller than the maximum HIGH drawdown of -8.59%. Use the drawdown chart below to compare losses from any high point for AAPR and HIGH. For additional features, visit the drawdowns tool.
Volatility
AAPR vs. HIGH - Volatility Comparison
The current volatility for Innovator Equity Defined Protection ETF - 2 Yr To April 2026 (AAPR) is 3.92%, while Simplify Enhanced Income ETF (HIGH) has a volatility of 11.13%. This indicates that AAPR experiences smaller price fluctuations and is considered to be less risky than HIGH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.