IDEC vs. APRT

Last updated Jun 6, 2026

IDEC (Innovator International Developed Power Buffer ETF - December) and APRT (AllianzIM U.S. Large Cap Buffer10 Apr ETF) are both Options Trading funds. Both are actively managed. Over the past year, IDEC returned 13.46% vs 18.64% for APRT. A 0.67 correlation means they provide meaningful diversification when combined. IDEC charges 0.85%/yr vs 0.74%/yr for APRT.

Performance

IDEC vs. APRT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator International Developed Power Buffer ETF - December (IDEC) and AllianzIM U.S. Large Cap Buffer10 Apr ETF (APRT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IDEC achieves a 4.16% return, which is significantly lower than APRT's 9.15% return.

IDEC

• 1D: -1.58%
• 1M: -1.26%
• YTD: 4.16%
• 6M: 5.44%
• 1Y: 13.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

APRT

• 1D: -0.85%
• 1M: 0.52%
• YTD: 9.15%
• 6M: 9.90%
• 1Y: 18.64%
• 3Y*: 14.17%
• 5Y*: 10.49%
• 10Y*: —

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

IDEC vs. APRT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
IDEC Innovator International Developed Power Buffer ETF - December	4.16%	21.78%	2.50%	2.78%
APRT AllianzIM U.S. Large Cap Buffer10 Apr ETF	9.15%	7.99%	15.15%	2.73%

Correlation

The correlation between IDEC and APRT is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.76
Correlation (All Time) Calculated using the full available price history since Dec 4, 2023	0.67

The correlation between IDEC and APRT has been stable across timeframes, ranging from 0.67 to 0.76 - a consistent structural relationship.

IDEC vs. APRT - Sectors Allocation Comparison

Sectors	IDEC	APRT
Financial Services	24.7%	11.9%
Industrials	19.8%	8.1%
Healthcare	10.6%	8.4%
Technology	10.3%	36.2%
Consumer Cyclical	7.7%	10.1%
Consumer Defensive	6.7%	4.9%
Basic Materials	5.9%	1.8%
Communication Services	4.5%	10.9%
Energy	4.0%	3.5%
Utilities	4.0%	2.3%
Real Estate	1.9%	1.9%

Return for Risk

IDEC vs. APRT — Risk / Return Rank

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

IDEC

IDEC Risk / Return Rank: 49
IDEC Sharpe Ratio Rank: 49
IDEC Sortino Ratio Rank: 49
IDEC Omega Ratio Rank: 52
IDEC Calmar Ratio Rank: 43
IDEC Martin Ratio Rank: 51

APRT

APRT Risk / Return Rank: 97
APRT Sharpe Ratio Rank: 95
APRT Sortino Ratio Rank: 97
APRT Omega Ratio Rank: 97
APRT Calmar Ratio Rank: 97
APRT Martin Ratio Rank: 98

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.

IDEC vs. APRT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator International Developed Power Buffer ETF - December (IDEC) and AllianzIM U.S. Large Cap Buffer10 Apr ETF (APRT). 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.

	IDEC	APRT	Difference
Sharpe ratio: Return per unit of total volatility	1.55	3.68	-2.13
Sortino ratio: Return per unit of downside risk	2.24	6.33	-4.09
Omega ratio: Gain probability vs. loss probability	1.30	1.92	-0.62
Calmar ratio: Return relative to maximum drawdown	1.97	11.77	-9.80
Martin ratio: Return relative to average drawdown	8.03	63.11	-55.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IDEC vs. APRT - Sharpe Ratio Comparison

The current IDEC Sharpe Ratio is 1.55, which is lower than the APRT Sharpe Ratio of 3.68. The chart below compares the historical Sharpe Ratios of IDEC and APRT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IDEC	APRT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.55	3.68	-2.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.98	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.28	1.09	+0.18

Drawdowns

IDEC vs. APRT - Drawdown Comparison

The maximum IDEC drawdown since its inception was -8.51%, smaller than the maximum APRT drawdown of -14.98%. Use the drawdown chart below to compare losses from any high point for IDEC and APRT.

Drawdown Indicators

	IDEC	APRT	Difference
Max Drawdown Largest peak-to-trough decline	-8.51%	-14.98%	+6.47%
Max Drawdown (1Y) Largest decline over 1 year	-6.87%	-1.59%	-5.28%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.98%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-14.98%	—
Current Drawdown Current decline from peak	-1.61%	-0.87%	-0.74%
Average Drawdown Average peak-to-trough decline	-1.54%	-2.05%	+0.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.68%	0.30%	+1.38%

Volatility

IDEC vs. APRT - Volatility Comparison

Innovator International Developed Power Buffer ETF - December (IDEC) has a higher volatility of 2.67% compared to AllianzIM U.S. Large Cap Buffer10 Apr ETF (APRT) at 1.26%. This indicates that IDEC's price experiences larger fluctuations and is considered to be riskier than APRT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDEC	APRT	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.67%	1.26%	+1.41%
Volatility (6M) Calculated over the trailing 6-month period	7.60%	4.10%	+3.50%
Volatility (1Y) Calculated over the trailing 1-year period	8.74%	5.10%	+3.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.68%	10.78%	-1.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.68%	10.29%	-0.61%

IDEC vs. APRT - Expense Ratio Comparison

IDEC has a 0.85% expense ratio, which is higher than APRT's 0.74% expense ratio.

Dividends

IDEC vs. APRT - Dividend Comparison

Neither IDEC nor APRT has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
APRT AllianzIM U.S. Large Cap Buffer10 Apr ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.67%
IDEC Innovator International Developed Power Buffer ETF - December	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IDEC and APRT in my portfolio?

IDEC and APRT have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IDEC or APRT?

IDEC has higher volatility (2.67%) compared to APRT (1.26%). In terms of maximum drawdown, IDEC dropped -8.51% vs APRT's -14.98%.

Which ETF is better, IDEC or APRT?

On 1-year performance, APRT leads with 18.64% vs 13.46% for IDEC. On fees, APRT is cheaper at 0.74% per year. On volatility, APRT has been the lower-risk option at 1.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IDEC or APRT?

Over the 1-year period, APRT has performed better with a 18.64% return vs 13.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IDEC or APRT?

APRT is cheaper with a 0.74% expense ratio, compared with 0.85% for IDEC.

Which ETF pays a higher dividend yield, IDEC or APRT?

IDEC and APRT have nearly identical dividend yields, around 0.00%.

What is the main difference between IDEC and APRT?

They also come from different issuers: Innovator and Allianz. Their fees differ too: 0.85% for IDEC and 0.74% for APRT.

Which has better risk-adjusted returns?

APRT currently has the higher Sharpe Ratio (3.68 vs 1.55), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.