BFEB vs. APRD

Last updated Jun 4, 2026

BFEB (Innovator S&P 500 Buffer ETF - February) and APRD (Innovator Premium Income 10 Barrier ETF - April) are both Options Trading funds from Innovator. BFEB is passively managed, while APRD is actively managed. Both charge a 0.79% expense ratio.

Performance

BFEB vs. APRD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator S&P 500 Buffer ETF - February (BFEB) and Innovator Premium Income 10 Barrier ETF - April (APRD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BFEB

• 1D: -0.29%
• 1M: 2.99%
• YTD: 8.25%
• 6M: 9.24%
• 1Y: 21.21%
• 3Y*: 16.68%
• 5Y*: 11.70%
• 10Y*: —

APRD

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

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

BFEB vs. APRD - Yearly Performance Comparison

	2026 (YTD)
BFEB Innovator S&P 500 Buffer ETF - February	5.88%
APRD Innovator Premium Income 10 Barrier ETF - April	0.00%

BFEB vs. APRD - Sectors Allocation Comparison

Sectors	BFEB	APRD
Technology	36.2%	32.0%
Financial Services	11.9%	13.7%
Communication Services	10.9%	9.9%
Consumer Cyclical	10.1%	11.6%
Healthcare	8.4%	10.5%
Industrials	8.1%	7.4%
Consumer Defensive	4.9%	5.5%
Energy	3.5%	3.2%
Utilities	2.3%	2.5%
Real Estate	1.9%	2.1%
Basic Materials	1.8%	1.7%

Return for Risk

BFEB vs. APRD — Risk / Return Rank

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

BFEB

BFEB Risk / Return Rank: 80
BFEB Sharpe Ratio Rank: 81
BFEB Sortino Ratio Rank: 83
BFEB Omega Ratio Rank: 84
BFEB Calmar Ratio Rank: 67
BFEB Martin Ratio Rank: 83

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.

BFEB vs. APRD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator S&P 500 Buffer ETF - February (BFEB) and Innovator Premium Income 10 Barrier ETF - April (APRD). 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.

	BFEB	APRD	Difference
Sharpe ratio: Return per unit of total volatility	2.63	—	—
Sortino ratio: Return per unit of downside risk	3.76	—	—
Omega ratio: Gain probability vs. loss probability	1.51	—	—
Calmar ratio: Return relative to maximum drawdown	3.32	—	—
Martin ratio: Return relative to average drawdown	16.95	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BFEB	APRD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.63	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.03	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.90	—	—

Drawdowns

BFEB vs. APRD - Drawdown Comparison

The maximum BFEB drawdown since its inception was -26.37%, which is greater than APRD's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for BFEB and APRD.

Drawdown Indicators

	BFEB	APRD	Difference
Max Drawdown Largest peak-to-trough decline	-26.37%	0.00%	-26.37%
Max Drawdown (1Y) Largest decline over 1 year	-6.41%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-13.82%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-14.84%	—	—
Current Drawdown Current decline from peak	-0.29%	0.00%	-0.29%
Average Drawdown Average peak-to-trough decline	-2.69%	0.00%	-2.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.25%	—	—

Volatility

Volatility by Period

	BFEB	APRD	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.51%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.31%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.10%	0.00%	+8.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.39%	0.00%	+11.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.19%	0.00%	+14.19%

BFEB vs. APRD - Expense Ratio Comparison

Both BFEB and APRD have an expense ratio of 0.79%.

Dividends

BFEB vs. APRD - Dividend Comparison

Neither BFEB nor APRD has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, BFEB or APRD?

Both ETFs have the same 0.79% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BFEB or APRD?

BFEB and APRD have the same expense ratio: 0.79% per year.

Which ETF pays a higher dividend yield, BFEB or APRD?

BFEB and APRD have nearly identical dividend yields, around 0.00%.