LAPR vs. SMYY

Last updated Apr 1, 2026

Compare and contrast key facts about Innovator Premium Income 15 Buffer ETF - April (LAPR) and GraniteShares YieldBOOST SMCI ETF (SMYY).

LAPR and SMYY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LAPR is an actively managed fund by Innovator. It was launched on Mar 28, 2024. SMYY is managed by GraniteShares.

Performance

LAPR vs. SMYY - Performance Comparison

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

LAPR vs. SMYY - Yearly Performance Comparison

	2026 (YTD)	2025
LAPR Innovator Premium Income 15 Buffer ETF - April	0.84%	1.26%
SMYY GraniteShares YieldBOOST SMCI ETF	-3.06%	-27.52%

Returns By Period

In the year-to-date period, LAPR achieves a 0.84% return, which is significantly higher than SMYY's -3.06% return.

LAPR

• 1D: 0.05%
• 1M: 0.23%
• YTD: 0.84%
• 6M: 2.11%
• 1Y: 5.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SMYY

• 1D: 2.49%
• 1M: -5.82%
• YTD: -3.06%
• 6M: -29.74%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LAPR vs. SMYY - Expense Ratio Comparison

LAPR has a 0.79% expense ratio, which is lower than SMYY's 1.07% expense ratio.

SMYY

GraniteShares YieldBOOST SMCI ETF

LAPR

Innovator Premium Income 15 Buffer ETF - April

Return for Risk

LAPR vs. SMYY — Risk / Return Rank

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

LAPR

LAPR Risk / Return Rank: 77
LAPR Sharpe Ratio Rank: 70
LAPR Sortino Ratio Rank: 74
LAPR Omega Ratio Rank: 97
LAPR Calmar Ratio Rank: 56
LAPR Martin Ratio Rank: 87

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. SMYY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Premium Income 15 Buffer ETF - April (LAPR) and GraniteShares YieldBOOST SMCI ETF (SMYY). 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.

	LAPR	SMYY	Difference
Sharpe ratio Return per unit of total volatility	1.28	—	—
Sortino ratio Return per unit of downside risk	1.92	—	—
Omega ratio Gain probability vs. loss probability	1.55	—	—
Calmar ratio Return relative to maximum drawdown	1.48	—	—
Martin ratio Return relative to average drawdown	10.62	—	—
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

	LAPR	SMYY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.28	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.71	-1.45	+3.16

Correlation

The correlation between LAPR and SMYY is 0.29, 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.

Dividends

LAPR vs. SMYY - Dividend Comparison

LAPR's dividend yield for the trailing twelve months is around 5.36%, less than SMYY's 117.41% yield.

	TTM	2025	2024
LAPR Innovator Premium Income 15 Buffer ETF - April	5.36%	5.40%	4.21%
SMYY GraniteShares YieldBOOST SMCI ETF	117.41%	53.33%	0.00%

Drawdowns

LAPR vs. SMYY - Drawdown Comparison

The maximum LAPR drawdown since its inception was -3.81%, smaller than the maximum SMYY drawdown of -36.84%. Use the drawdown chart below to compare losses from any high point for LAPR and SMYY.

Drawdown Indicators

	LAPR	SMYY	Difference
Max Drawdown Largest peak-to-trough decline	-3.81%	-36.84%	+33.03%
Max Drawdown (1Y) Largest decline over 1 year	-3.81%	—	—
Current Drawdown Current decline from peak	0.00%	-35.26%	+35.26%
Average Drawdown Average peak-to-trough decline	-0.12%	-23.05%	+22.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.53%	—	—

Volatility

Volatility by Period

	LAPR	SMYY	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.10%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.68%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.40%	35.19%	-30.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.39%	35.19%	-31.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.39%	35.19%	-31.80%