APRQ vs. SPY
Compare and contrast key facts about Innovator Premium Income 40 Barrier ETF - April (APRQ) and SPDR S&P 500 ETF (SPY).
APRQ and SPY 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. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: APRQ or SPY.
Correlation
The correlation between APRQ and SPY is 0.40, 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
APRQ vs. SPY - Performance Comparison
Key characteristics
APRQ:
2.93
SPY:
1.88
APRQ:
4.16
SPY:
2.53
APRQ:
1.82
SPY:
1.35
APRQ:
4.88
SPY:
2.83
APRQ:
32.93
SPY:
11.74
APRQ:
0.16%
SPY:
2.02%
APRQ:
1.84%
SPY:
12.64%
APRQ:
-1.10%
SPY:
-55.19%
APRQ:
0.00%
SPY:
-0.42%
Returns By Period
In the year-to-date period, APRQ achieves a 0.77% return, which is significantly lower than SPY's 4.15% return.
APRQ
0.77%
0.37%
2.67%
5.36%
N/A
N/A
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
APRQ vs. SPY - Expense Ratio Comparison
APRQ has a 0.79% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
APRQ vs. SPY — Risk-Adjusted Performance Rank
APRQ
SPY
APRQ vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Premium Income 40 Barrier ETF - April (APRQ) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
APRQ's dividend yield for the trailing twelve months is around 5.13%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APRQ Innovator Premium Income 40 Barrier ETF - April | 5.13% | 5.16% | 4.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
APRQ vs. SPY - Drawdown Comparison
The maximum APRQ drawdown since its inception was -1.10%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for APRQ and SPY. For additional features, visit the drawdowns tool.
Volatility
APRQ vs. SPY - Volatility Comparison
The current volatility for Innovator Premium Income 40 Barrier ETF - April (APRQ) is 0.55%, while SPDR S&P 500 ETF (SPY) has a volatility of 2.88%. This indicates that APRQ experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.