LAPR vs. KQQQ

Last updated Jun 24, 2026

LAPR (Innovator Premium Income 15 Buffer ETF - April) and KQQQ (Kurv Technology Titans Select ETF) are both exchange-traded funds - LAPR is a Options Trading fund actively managed by Innovator, while KQQQ is a Technology Equities fund actively managed by Kurv. Both are actively managed. Over the past year, LAPR returned 6.70% vs 34.81% for KQQQ. A 0.60 correlation means they provide meaningful diversification when combined. LAPR charges 0.79%/yr vs 0.99%/yr for KQQQ.

Performance

LAPR vs. KQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Premium Income 15 Buffer ETF - April (LAPR) and Kurv Technology Titans Select ETF (KQQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LAPR achieves a 3.32% return, which is significantly lower than KQQQ's 14.14% return.

LAPR

• 1D: -0.08%
• 1M: 0.16%
• YTD: 3.32%
• 6M: 3.40%
• 1Y: 6.70%
• 3Y*: —
• 5Y*: —
• 10Y*: —

KQQQ

• 1D: -2.44%
• 1M: -1.70%
• YTD: 14.14%
• 6M: 13.01%
• 1Y: 34.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LAPR vs. KQQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
LAPR Innovator Premium Income 15 Buffer ETF - April	3.32%	5.81%	2.62%
KQQQ Kurv Technology Titans Select ETF	14.14%	16.64%	11.50%

Correlation

The correlation between LAPR and KQQQ is 0.56, 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	0.56
Correlation (All Time) Calculated using the full available price history since Jul 23, 2024	0.60

The correlation between LAPR and KQQQ has been stable across timeframes, ranging from 0.56 to 0.60 - a consistent structural relationship.

Return for Risk

LAPR vs. KQQQ — Risk / Return Rank

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

LAPR

LAPR Risk / Return Rank: 99
LAPR Sharpe Ratio Rank: 98
LAPR Sortino Ratio Rank: 99
LAPR Omega Ratio Rank: 99
LAPR Calmar Ratio Rank: 99
LAPR Martin Ratio Rank: 99

KQQQ

KQQQ Risk / Return Rank: 48
KQQQ Sharpe Ratio Rank: 55
KQQQ Sortino Ratio Rank: 52
KQQQ Omega Ratio Rank: 51
KQQQ Calmar Ratio Rank: 42
KQQQ Martin Ratio Rank: 42

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.

LAPR vs. KQQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Premium Income 15 Buffer ETF - April (LAPR) and Kurv Technology Titans Select ETF (KQQQ). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	LAPR	KQQQ	Difference
Sharpe ratio: Return per unit of total volatility	5.38	1.80	+3.59
Sortino ratio: Return per unit of downside risk	11.58	2.42	+9.16
Omega ratio: Gain probability vs. loss probability	2.77	1.31	+1.46
Calmar ratio: Return relative to maximum drawdown	18.93	2.02	+16.91
Martin ratio: Return relative to average drawdown	108.62	6.56	+102.06

LAPR vs. KQQQ - Sharpe Ratio Comparison

The current LAPR Sharpe Ratio is 5.38, which is higher than the KQQQ Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of LAPR and KQQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LAPR vs. KQQQ - Drawdown Comparison

The maximum LAPR drawdown since its inception was -3.81%, smaller than the maximum KQQQ drawdown of -26.15%. Use the drawdown chart below to compare losses from any high point for LAPR and KQQQ.

Drawdown Indicators

	LAPR	KQQQ	Difference
Max Drawdown Largest peak-to-trough decline	-3.81%	-26.15%	+22.34%
Max Drawdown (1Y) Largest decline over 1 year	-0.36%	-17.30%	+16.94%
Current Drawdown Current decline from peak	-0.12%	-5.22%	+5.10%
Average Drawdown Average peak-to-trough decline	-0.12%	-4.69%	+4.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.06%	5.32%	-5.26%

Volatility

LAPR vs. KQQQ - Volatility Comparison

The current volatility for Innovator Premium Income 15 Buffer ETF - April (LAPR) is 0.45%, while Kurv Technology Titans Select ETF (KQQQ) has a volatility of 8.05%. This indicates that LAPR experiences smaller price fluctuations and is considered to be less risky than KQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LAPR	KQQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.45%	8.05%	-7.60%
Volatility (6M) Calculated over the trailing 6-month period	1.05%	15.79%	-14.74%
Volatility (1Y) Calculated over the trailing 1-year period	1.26%	19.45%	-18.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.27%	23.71%	-20.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.27%	23.71%	-20.44%

LAPR vs. KQQQ - Expense Ratio Comparison

LAPR has a 0.79% expense ratio, which is lower than KQQQ's 0.99% expense ratio.

Dividends

LAPR vs. KQQQ - Dividend Comparison

LAPR's dividend yield for the trailing twelve months is around 5.53%, less than KQQQ's 14.33% yield.

Position	TTM	2025	2024
KQQQ Kurv Technology Titans Select ETF	14.33%	12.01%	2.48%
LAPR Innovator Premium Income 15 Buffer ETF - April	5.53%	5.40%	4.21%

Frequently Asked Questions

Can I hold both LAPR and KQQQ in my portfolio?

LAPR and KQQQ have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LAPR or KQQQ?

KQQQ has higher volatility (8.05%) compared to LAPR (0.45%). In terms of maximum drawdown, LAPR dropped -3.81% vs KQQQ's -26.15%.

Which ETF is better, LAPR or KQQQ?

On 1-year performance, KQQQ leads with 34.81% vs 6.70% for LAPR. On fees, LAPR is cheaper at 0.79% per year. On volatility, LAPR has been the lower-risk option at 0.45%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LAPR or KQQQ?

Over the 1-year period, KQQQ has performed better with a 34.81% return vs 6.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LAPR or KQQQ?

LAPR is cheaper with a 0.79% expense ratio, compared with 0.99% for KQQQ.

Which ETF pays a higher dividend yield, LAPR or KQQQ?

KQQQ has the higher dividend yield at 14.33%, compared with 5.53% for LAPR.

What is the main difference between LAPR and KQQQ?

LAPR is categorized as Options Trading, while KQQQ is Technology Equities. They also come from different issuers: Innovator and Kurv. Their fees differ too: 0.79% for LAPR and 0.99% for KQQQ.

Which has better risk-adjusted returns?

LAPR currently has the higher Sharpe Ratio (5.38 vs 1.80), 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.