KAPR vs. FUTY
Compare and contrast key facts about Innovator U.S. Small Cap Power Buffer ETF - April (KAPR) and Fidelity MSCI Utilities Index ETF (FUTY).
KAPR and FUTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KAPR is a passively managed fund by Innovator that tracks the performance of the Russell 2000 Index. It was launched on Apr 1, 2020. FUTY is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Utilities Index. It was launched on Oct 21, 2013. Both KAPR and FUTY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KAPR or FUTY.
Key characteristics
| KAPR | FUTY | |
|---|---|---|
| YTD Return | 6.57% | 15.58% |
| 1Y Return | 18.85% | 12.39% |
| 3Y Return (Ann) | 4.70% | 6.28% |
| Sharpe Ratio | 1.47 | 0.58 |
| Daily Std Dev | 12.14% | 17.00% |
| Max Drawdown | -16.91% | -36.44% |
| Current Drawdown | -0.22% | -1.56% |
Correlation
The correlation between KAPR and FUTY is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
KAPR vs. FUTY - Performance Comparison
In the year-to-date period, KAPR achieves a 6.57% return, which is significantly lower than FUTY's 15.58% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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KAPR vs. FUTY - Expense Ratio Comparison
KAPR has a 0.79% expense ratio, which is higher than FUTY's 0.08% expense ratio.
Risk-Adjusted Performance
KAPR vs. FUTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Small Cap Power Buffer ETF - April (KAPR) and Fidelity MSCI Utilities Index ETF (FUTY). 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
KAPR vs. FUTY - Dividend Comparison
KAPR has not paid dividends to shareholders, while FUTY's dividend yield for the trailing twelve months is around 2.95%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KAPR Innovator U.S. Small Cap Power Buffer ETF - April | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FUTY Fidelity MSCI Utilities Index ETF | 2.95% | 3.31% | 2.72% | 2.70% | 3.07% | 2.82% | 3.11% | 3.03% | 3.35% | 4.33% | 3.04% | 0.86% |
Drawdowns
KAPR vs. FUTY - Drawdown Comparison
The maximum KAPR drawdown since its inception was -16.91%, smaller than the maximum FUTY drawdown of -36.44%. Use the drawdown chart below to compare losses from any high point for KAPR and FUTY. For additional features, visit the drawdowns tool.
Volatility
KAPR vs. FUTY - Volatility Comparison
The current volatility for Innovator U.S. Small Cap Power Buffer ETF - April (KAPR) is 2.67%, while Fidelity MSCI Utilities Index ETF (FUTY) has a volatility of 3.41%. This indicates that KAPR experiences smaller price fluctuations and is considered to be less risky than FUTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.