AJAN vs. APRD

Last updated Jun 5, 2026

AJAN (Innovator Equity Defined Protection ETF - 2 Yr To January 2026) and APRD (Innovator Premium Income 10 Barrier ETF - April) are both Options Trading funds from Innovator. Both are actively managed. Both charge a 0.79% expense ratio.

Performance

AJAN vs. APRD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Equity Defined Protection ETF - 2 Yr To January 2026 (AJAN) and Innovator Premium Income 10 Barrier ETF - April (APRD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AJAN

• 1D: 0.09%
• 1M: 0.58%
• YTD: 2.03%
• 6M: 2.43%
• 1Y: 6.13%
• 3Y*: —
• 5Y*: —
• 10Y*: —

APRD

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AJAN vs. APRD - Yearly Performance Comparison

	2026 (YTD)
AJAN Innovator Equity Defined Protection ETF - 2 Yr To January 2026	1.65%
APRD Innovator Premium Income 10 Barrier ETF - April	0.00%

Return for Risk

AJAN vs. APRD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AJAN

AJAN Risk / Return Rank: 78
AJAN Sharpe Ratio Rank: 81
AJAN Sortino Ratio Rank: 89
AJAN Omega Ratio Rank: 91
AJAN Calmar Ratio Rank: 57
AJAN Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AJAN vs. APRD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Defined Protection ETF - 2 Yr To January 2026 (AJAN) and Innovator Premium Income 10 Barrier ETF - April (APRD). 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.

	AJAN	APRD	Difference
Sharpe ratio: Return per unit of total volatility	2.61	—	—
Sortino ratio: Return per unit of downside risk	4.08	—	—
Omega ratio: Gain probability vs. loss probability	1.58	—	—
Calmar ratio: Return relative to maximum drawdown	2.74	—	—
Martin ratio: Return relative to average drawdown	13.81	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AJAN	APRD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.61	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.74	—	—

Drawdowns

AJAN vs. APRD - Drawdown Comparison

The maximum AJAN drawdown since its inception was -4.11%, which is greater than APRD's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for AJAN and APRD.

Drawdown Indicators

	AJAN	APRD	Difference
Max Drawdown Largest peak-to-trough decline	-4.11%	0.00%	-4.11%
Max Drawdown (1Y) Largest decline over 1 year	-2.24%	—	—
Current Drawdown Current decline from peak	-0.09%	0.00%	-0.09%
Average Drawdown Average peak-to-trough decline	-0.29%	0.00%	-0.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.44%	—	—

Volatility

Volatility by Period

	AJAN	APRD	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.65%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.05%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.36%	0.00%	+2.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.80%	0.00%	+3.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.80%	0.00%	+3.80%

AJAN vs. APRD - Expense Ratio Comparison

Both AJAN and APRD have an expense ratio of 0.79%.

Dividends

AJAN vs. APRD - Dividend Comparison

Neither AJAN nor APRD has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, AJAN or APRD?

Both ETFs have the same 0.79% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AJAN or APRD?

AJAN and APRD have the same expense ratio: 0.79% per year.

Which ETF pays a higher dividend yield, AJAN or APRD?

AJAN and APRD have nearly identical dividend yields, around 0.00%.