APRQ vs. HAPR
Compare and contrast key facts about Innovator Premium Income 40 Barrier ETF - April (APRQ) and Innovator Premium Income 9 Buffer ETF - April (HAPR).
APRQ and HAPR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. APRQ is an actively managed fund by Innovator. It was launched on Mar 31, 2023. HAPR is an actively managed fund by Innovator. It was launched on Mar 28, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: APRQ or HAPR.
Correlation
The correlation between APRQ and HAPR is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
APRQ vs. HAPR - Performance Comparison
Key characteristics
APRQ:
2.42
HAPR:
2.59
APRQ:
3.49
HAPR:
3.79
APRQ:
1.73
HAPR:
1.80
APRQ:
4.85
HAPR:
3.90
APRQ:
34.52
HAPR:
23.94
APRQ:
0.16%
HAPR:
0.31%
APRQ:
2.21%
HAPR:
2.90%
APRQ:
-1.10%
HAPR:
-1.92%
APRQ:
-0.12%
HAPR:
0.00%
Returns By Period
In the year-to-date period, APRQ achieves a 0.92% return, which is significantly lower than HAPR's 1.29% return.
APRQ
0.92%
-0.10%
1.84%
5.57%
N/A
N/A
HAPR
1.29%
0.61%
2.89%
8.55%
N/A
N/A
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APRQ vs. HAPR - Expense Ratio Comparison
Both APRQ and HAPR have an expense ratio of 0.79%.
Risk-Adjusted Performance
APRQ vs. HAPR — Risk-Adjusted Performance Rank
APRQ
HAPR
APRQ vs. HAPR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Premium Income 40 Barrier ETF - April (APRQ) and Innovator Premium Income 9 Buffer ETF - April (HAPR). 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
APRQ vs. HAPR - Dividend Comparison
APRQ's dividend yield for the trailing twelve months is around 5.08%, less than HAPR's 6.38% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
APRQ Innovator Premium Income 40 Barrier ETF - April | 5.08% | 5.16% | 4.11% |
HAPR Innovator Premium Income 9 Buffer ETF - April | 6.38% | 4.77% | 0.00% |
Drawdowns
APRQ vs. HAPR - Drawdown Comparison
The maximum APRQ drawdown since its inception was -1.10%, smaller than the maximum HAPR drawdown of -1.92%. Use the drawdown chart below to compare losses from any high point for APRQ and HAPR. For additional features, visit the drawdowns tool.
Volatility
APRQ vs. HAPR - Volatility Comparison
Innovator Premium Income 40 Barrier ETF - April (APRQ) has a higher volatility of 1.28% compared to Innovator Premium Income 9 Buffer ETF - April (HAPR) at 0.56%. This indicates that APRQ's price experiences larger fluctuations and is considered to be riskier than HAPR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.