APRQ vs. QFLR

Last updated Jun 3, 2026

APRQ (Innovator Premium Income 40 Barrier ETF - April) and QFLR (Innovator Nasdaq-100 Managed Floor ETF) are both exchange-traded funds - APRQ is a Options Trading fund actively managed by Innovator, while QFLR is a Nasdaq-100 fund actively managed by Innovator. Both are actively managed. APRQ charges 0.79%/yr vs 0.89%/yr for QFLR.

Performance

APRQ vs. QFLR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Premium Income 40 Barrier ETF - April (APRQ) and Innovator Nasdaq-100 Managed Floor ETF (QFLR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

APRQ

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

QFLR

• 1D: 0.10%
• 1M: 3.47%
• YTD: 6.88%
• 6M: 6.14%
• 1Y: 27.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

APRQ vs. QFLR - Yearly Performance Comparison

	2026 (YTD)
APRQ Innovator Premium Income 40 Barrier ETF - April	0.00%
QFLR Innovator Nasdaq-100 Managed Floor ETF	5.99%

APRQ vs. QFLR - Sectors Allocation Comparison

Sectors	APRQ	QFLR
Technology	32.0%	50.8%
Financial Services	13.7%	0.9%
Consumer Cyclical	11.6%	12.1%
Healthcare	10.5%	3.2%
Communication Services	9.9%	18.4%
Industrials	7.4%	2.8%
Consumer Defensive	5.5%	9.2%
Energy	3.2%	1.1%
Utilities	2.5%	1.5%
Real Estate	2.1%	-
Basic Materials	1.7%	0.0%

Return for Risk

APRQ vs. QFLR — Risk / Return Rank

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

QFLR

QFLR Risk / Return Rank: 75
QFLR Sharpe Ratio Rank: 75
QFLR Sortino Ratio Rank: 73
QFLR Omega Ratio Rank: 75
QFLR Calmar Ratio Rank: 73
QFLR Martin Ratio Rank: 80

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.

APRQ vs. QFLR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Premium Income 40 Barrier ETF - April (APRQ) and Innovator Nasdaq-100 Managed Floor ETF (QFLR). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	APRQ	QFLR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.40	—

Drawdowns

APRQ vs. QFLR - Drawdown Comparison

The maximum APRQ drawdown since its inception was 0.00%, smaller than the maximum QFLR drawdown of -13.97%. Use the drawdown chart below to compare losses from any high point for APRQ and QFLR.

Drawdown Indicators

	APRQ	QFLR	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-13.97%	+13.97%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.61%	—
Current Drawdown Current decline from peak	0.00%	-0.49%	+0.49%
Average Drawdown Average peak-to-trough decline	0.00%	-2.50%	+2.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.78%	—

Volatility

Volatility by Period

	APRQ	QFLR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.62%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.05%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	11.29%	-11.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	12.63%	-12.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	12.63%	-12.63%

APRQ vs. QFLR - Expense Ratio Comparison

APRQ has a 0.79% expense ratio, which is lower than QFLR's 0.89% expense ratio.

Dividends

APRQ vs. QFLR - Dividend Comparison

Neither APRQ nor QFLR has paid dividends to shareholders.

Position	TTM	2025	2024
APRQ Innovator Premium Income 40 Barrier ETF - April	0.00%	0.00%	0.00%
QFLR Innovator Nasdaq-100 Managed Floor ETF	0.00%	0.02%	0.03%

Frequently Asked Questions

Which ETF is better, APRQ or QFLR?

On fees, APRQ is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, APRQ or QFLR?

APRQ is cheaper with a 0.79% expense ratio, compared with 0.89% for QFLR.

Which ETF pays a higher dividend yield, APRQ or QFLR?

APRQ and QFLR have nearly identical dividend yields, around 0.00%.

What is the main difference between APRQ and QFLR?

APRQ is categorized as Options Trading, while QFLR is Nasdaq-100. Their fees differ too: 0.79% for APRQ and 0.89% for QFLR.