HAPR vs. USDX
Compare and contrast key facts about Innovator Premium Income 9 Buffer ETF - April (HAPR) and SGI Enhanced Core ETF (USDX).
HAPR and USDX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HAPR is an actively managed fund by Innovator. It was launched on Mar 28, 2024. USDX is an actively managed fund by Summit Global Investments. It was launched on Feb 28, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HAPR or USDX.
Correlation
The correlation between HAPR and USDX is 0.01, 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
HAPR vs. USDX - Performance Comparison
Key characteristics
HAPR:
2.59
USDX:
5.08
HAPR:
3.79
USDX:
8.41
HAPR:
1.80
USDX:
2.32
HAPR:
3.90
USDX:
10.19
HAPR:
23.94
USDX:
65.44
HAPR:
0.31%
USDX:
0.12%
HAPR:
2.90%
USDX:
1.48%
HAPR:
-1.92%
USDX:
-0.74%
HAPR:
0.00%
USDX:
-0.47%
Returns By Period
The year-to-date returns for both stocks are quite close, with HAPR having a 1.29% return and USDX slightly lower at 1.27%.
HAPR
1.29%
0.61%
2.87%
8.55%
N/A
N/A
USDX
1.27%
-0.24%
2.86%
7.45%
N/A
N/A
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HAPR vs. USDX - Expense Ratio Comparison
HAPR has a 0.79% expense ratio, which is lower than USDX's 0.98% expense ratio.
Risk-Adjusted Performance
HAPR vs. USDX — Risk-Adjusted Performance Rank
HAPR
USDX
HAPR vs. USDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Premium Income 9 Buffer ETF - April (HAPR) and SGI Enhanced Core ETF (USDX). 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
HAPR vs. USDX - Dividend Comparison
HAPR's dividend yield for the trailing twelve months is around 6.38%, more than USDX's 5.82% yield.
| TTM | 2024 | |
|---|---|---|
HAPR Innovator Premium Income 9 Buffer ETF - April | 6.38% | 4.77% |
USDX SGI Enhanced Core ETF | 5.82% | 4.60% |
Drawdowns
HAPR vs. USDX - Drawdown Comparison
The maximum HAPR drawdown since its inception was -1.92%, which is greater than USDX's maximum drawdown of -0.74%. Use the drawdown chart below to compare losses from any high point for HAPR and USDX. For additional features, visit the drawdowns tool.
Volatility
HAPR vs. USDX - Volatility Comparison
The current volatility for Innovator Premium Income 9 Buffer ETF - April (HAPR) is 0.53%, while SGI Enhanced Core ETF (USDX) has a volatility of 0.67%. This indicates that HAPR experiences smaller price fluctuations and is considered to be less risky than USDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.