ARKT vs. EAPR

Last updated Jun 4, 2026

ARKT (ARK DIET Q4 Buffer ETF) and EAPR (Innovator Emerging Markets Power Buffer ETF - April) are both Defined Outcome funds. ARKT is actively managed, while EAPR is passively managed. A 0.50 correlation means they provide meaningful diversification when combined. Both charge a 0.89% expense ratio.

Performance

ARKT vs. EAPR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK DIET Q4 Buffer ETF (ARKT) and Innovator Emerging Markets Power Buffer ETF - April (EAPR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARKT achieves a 1.09% return, which is significantly lower than EAPR's 11.39% return.

ARKT

• 1D: -0.98%
• 1M: 0.18%
• YTD: 1.09%
• 6M: -2.24%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EAPR

• 1D: -0.45%
• 1M: 2.01%
• YTD: 11.39%
• 6M: 12.25%
• 1Y: 22.07%
• 3Y*: 10.62%
• 5Y*: 5.15%
• 10Y*: —

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

ARKT vs. EAPR - Yearly Performance Comparison

	2026 (YTD)	2025
ARKT ARK DIET Q4 Buffer ETF	1.09%	-8.65%
EAPR Innovator Emerging Markets Power Buffer ETF - April	11.39%	1.61%

Correlation

The correlation between ARKT and EAPR is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025	0.50

Return for Risk

ARKT vs. EAPR — Risk / Return Rank

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

EAPR

EAPR Risk / Return Rank: 94
EAPR Sharpe Ratio Rank: 89
EAPR Sortino Ratio Rank: 95
EAPR Omega Ratio Rank: 96
EAPR Calmar Ratio Rank: 94
EAPR Martin Ratio Rank: 97

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.

ARKT vs. EAPR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK DIET Q4 Buffer ETF (ARKT) and Innovator Emerging Markets Power Buffer ETF - April (EAPR). 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

	ARKT	EAPR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.06	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.51	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.60	0.54	-1.15

Drawdowns

ARKT vs. EAPR - Drawdown Comparison

The maximum ARKT drawdown since its inception was -18.78%, which is greater than EAPR's maximum drawdown of -17.65%. Use the drawdown chart below to compare losses from any high point for ARKT and EAPR.

Drawdown Indicators

	ARKT	EAPR	Difference
Max Drawdown Largest peak-to-trough decline	-18.78%	-17.65%	-1.13%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.02%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-10.24%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.65%	—
Current Drawdown Current decline from peak	-10.28%	-0.45%	-9.83%
Average Drawdown Average peak-to-trough decline	-10.07%	-4.06%	-6.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.52%	—

Volatility

Volatility by Period

	ARKT	EAPR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.79%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.28%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.71%	7.24%	+11.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.71%	10.09%	+8.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.71%	10.02%	+8.69%

ARKT vs. EAPR - Expense Ratio Comparison

Both ARKT and EAPR have an expense ratio of 0.89%.

Dividends

ARKT vs. EAPR - Dividend Comparison

ARKT's dividend yield for the trailing twelve months is around 0.24%, while EAPR has not paid dividends to shareholders.

Position	TTM	2025
ARKT ARK DIET Q4 Buffer ETF	0.24%	0.25%
EAPR Innovator Emerging Markets Power Buffer ETF - April	0.00%	0.00%

Frequently Asked Questions

Can I hold both ARKT and EAPR in my portfolio?

ARKT and EAPR have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ARKT or EAPR?

Both ETFs have the same 0.89% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ARKT or EAPR?

ARKT and EAPR have the same expense ratio: 0.89% per year.

Which ETF pays a higher dividend yield, ARKT or EAPR?

ARKT has the higher dividend yield at 0.24%, compared with 0.00% for EAPR.

What is the main difference between ARKT and EAPR?

They also come from different issuers: ARK Invest and Innovator.