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 0.34, 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. SPY - Performance Comparison
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Key characteristics
Returns By Period
APRQ
N/A
N/A
N/A
N/A
N/A
N/A
SPY
1.05%
9.83%
0.15%
12.87%
17.33%
12.69%
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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.
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Dividends
APRQ vs. SPY - Dividend Comparison
APRQ has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.21%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APRQ Innovator Premium Income 40 Barrier ETF - April | 5.08% | 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 | 1.21% | 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
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Volatility
APRQ vs. SPY - Volatility Comparison
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