APRJ vs. LDUR
APRJ (Innovator Premium Income 30 Barrier ETF - April) and LDUR (PIMCO Enhanced Low Duration Active ETF) are both exchange-traded funds - APRJ is a Options Trading fund actively managed by Innovator, while LDUR is a Short-Term Bond fund actively managed by PIMCO. Both are actively managed. Over the past 3 years, APRJ returned 6.35%/yr vs 5.11%/yr for LDUR. At a correlation of -0.03, they often move in opposite directions. APRJ charges 0.79%/yr vs 0.54%/yr for LDUR.
Performance
APRJ vs. LDUR - Performance Comparison
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Returns By Period
In the year-to-date period, APRJ achieves a 3.18% return, which is significantly higher than LDUR's 0.91% return.
APRJ
- 1D
- -0.10%
- 1M
- 0.70%
- YTD
- 3.18%
- 6M
- 3.64%
- 1Y
- 6.91%
- 3Y*
- 6.35%
- 5Y*
- —
- 10Y*
- —
LDUR
- 1D
- -0.02%
- 1M
- 0.15%
- YTD
- 0.91%
- 6M
- 1.29%
- 1Y
- 4.37%
- 3Y*
- 5.11%
- 5Y*
- 2.23%
- 10Y*
- 2.43%
APRJ vs. LDUR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
APRJ Innovator Premium Income 30 Barrier ETF - April | 3.18% | 5.71% | 6.24% | 5.38% |
LDUR PIMCO Enhanced Low Duration Active ETF | 0.91% | 5.76% | 5.14% | 3.52% |
Correlation
The correlation between APRJ and LDUR is -0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Apr 4, 2023 | -0.03 |
The correlation between APRJ and LDUR shifts across timeframes, from -0.10 (1 year) to 0.01 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
APRJ vs. LDUR — Risk / Return Rank
APRJ
LDUR
APRJ vs. LDUR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Premium Income 30 Barrier ETF - April (APRJ) and PIMCO Enhanced Low Duration Active ETF (LDUR). 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.
| APRJ | LDUR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.80 | ||
| Sortino ratioReturn per unit of downside risk | +5.15 | ||
| Omega ratioGain probability vs. loss probability | 2.20 | 1.56 | +0.64 |
| Calmar ratioReturn relative to maximum drawdown | 34.55 | 4.70 | +29.85 |
| Martin ratioReturn relative to average drawdown | 103.47 | 22.64 | +80.83 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| APRJ | LDUR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.63 | 2.83 | +1.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.10 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.88 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.80 | 0.87 | +0.94 |
Drawdowns
APRJ vs. LDUR - Drawdown Comparison
The maximum APRJ drawdown since its inception was -4.68%, smaller than the maximum LDUR drawdown of -8.68%. Use the drawdown chart below to compare losses from any high point for APRJ and LDUR.
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Drawdown Indicators
| APRJ | LDUR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.68% | -8.68% | +4.00% |
Max Drawdown (1Y)Largest decline over 1 year | -0.20% | -0.93% | +0.73% |
Max Drawdown (3Y)Largest decline over 3 years | -4.68% | -1.17% | -3.51% |
Max Drawdown (5Y)Largest decline over 5 years | — | -6.75% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -8.68% | — |
Current DrawdownCurrent decline from peak | -0.12% | -0.04% | -0.08% |
Average DrawdownAverage peak-to-trough decline | -0.12% | -0.85% | +0.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.07% | 0.19% | -0.12% |
Volatility
APRJ vs. LDUR - Volatility Comparison
Innovator Premium Income 30 Barrier ETF - April (APRJ) has a higher volatility of 0.47% compared to PIMCO Enhanced Low Duration Active ETF (LDUR) at 0.44%. This indicates that APRJ's price experiences larger fluctuations and is considered to be riskier than LDUR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| APRJ | LDUR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.47% | 0.44% | +0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 1.14% | 1.08% | +0.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.50% | 1.55% | -0.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.63% | 2.03% | +1.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.63% | 2.77% | +0.86% |
APRJ vs. LDUR - Expense Ratio Comparison
APRJ has a 0.79% expense ratio, which is higher than LDUR's 0.54% expense ratio.
Dividends
APRJ vs. LDUR - Dividend Comparison
APRJ's dividend yield for the trailing twelve months is around 5.27%, more than LDUR's 4.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APRJ Innovator Premium Income 30 Barrier ETF - April | 5.27% | 5.46% | 5.88% | 4.88% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LDUR PIMCO Enhanced Low Duration Active ETF | 4.35% | 4.60% | 4.77% | 4.11% | 2.22% | 0.90% | 2.15% | 3.14% | 2.66% | 2.08% | 1.85% | 2.92% |
Frequently Asked Questions
APRJ and LDUR have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APRJ has higher volatility (0.47%) compared to LDUR (0.44%). In terms of maximum drawdown, APRJ dropped -4.68% vs LDUR's -8.68%.
On 3-year performance, APRJ leads with 6.35% vs 5.11% for LDUR. On fees, LDUR is cheaper at 0.54% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, APRJ has performed better with a 6.35% return vs 5.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
LDUR is cheaper with a 0.54% expense ratio, compared with 0.79% for APRJ.
APRJ has the higher dividend yield at 5.27%, compared with 4.35% for LDUR.
APRJ is categorized as Options Trading, while LDUR is Short-Term Bond. They also come from different issuers: Innovator and PIMCO. Their fees differ too: 0.79% for APRJ and 0.54% for LDUR.
APRJ currently has the higher Sharpe Ratio (4.63 vs 2.83), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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