GDEC vs. APRD

Last updated Apr 1, 2026

Compare and contrast key facts about FT Cboe Vest U.S. Equity Moderate Buffer ETF - December (GDEC) and Innovator Premium Income 10 Barrier ETF - April (APRD).

GDEC and APRD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GDEC is an actively managed fund by FT Vest. It was launched on Dec 14, 2023. APRD is an actively managed fund by Innovator. It was launched on Mar 31, 2023.

Performance

GDEC vs. APRD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest U.S. Equity Moderate Buffer ETF - December (GDEC) and Innovator Premium Income 10 Barrier ETF - April (APRD). The values are adjusted to include any dividend payments, if applicable.

GDEC vs. APRD - Yearly Performance Comparison

	2026 (YTD)
GDEC FT Cboe Vest U.S. Equity Moderate Buffer ETF - December	-2.81%
APRD Innovator Premium Income 10 Barrier ETF - April	0.00%

Returns By Period

GDEC

• 1D: 1.68%
• 1M: -2.53%
• YTD: -2.12%
• 6M: 0.93%
• 1Y: 11.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

APRD

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

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

GDEC vs. APRD - Expense Ratio Comparison

GDEC has a 0.85% expense ratio, which is higher than APRD's 0.79% expense ratio.

GDEC

FT Cboe Vest U.S. Equity Moderate Buffer ETF - December

APRD

Innovator Premium Income 10 Barrier ETF - April

Return for Risk

GDEC vs. APRD — Risk / Return Rank

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

GDEC

GDEC Risk / Return Rank: 71
GDEC Sharpe Ratio Rank: 64
GDEC Sortino Ratio Rank: 67
GDEC Omega Ratio Rank: 76
GDEC Calmar Ratio Rank: 66
GDEC 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.

GDEC vs. APRD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Moderate Buffer ETF - December (GDEC) 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.

	GDEC	APRD	Difference
Sharpe ratio Return per unit of total volatility	1.15	—	—
Sortino ratio Return per unit of downside risk	1.73	—	—
Omega ratio Gain probability vs. loss probability	1.29	—	—
Calmar ratio Return relative to maximum drawdown	1.71	—	—
Martin ratio Return relative to average drawdown	8.98	—	—
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

	GDEC	APRD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.15	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.17	—	—

Dividends

GDEC vs. APRD - Dividend Comparison

Neither GDEC nor APRD has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

GDEC vs. APRD - Drawdown Comparison

The maximum GDEC drawdown since its inception was -10.61%, which is greater than APRD's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for GDEC and APRD.

Drawdown Indicators

	GDEC	APRD	Difference
Max Drawdown Largest peak-to-trough decline	-10.61%	0.00%	-10.61%
Max Drawdown (1Y) Largest decline over 1 year	-7.19%	—	—
Current Drawdown Current decline from peak	-3.19%	0.00%	-3.19%
Average Drawdown Average peak-to-trough decline	-0.80%	0.00%	-0.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.37%	—	—

Volatility

Volatility by Period

	GDEC	APRD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.70%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.29%	0.00%	+10.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.13%	0.00%	+8.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.13%	0.00%	+8.13%