QSPT vs. APRQ

Last updated Jun 5, 2026

QSPT (FT Cboe Vest Nasdaq-100 Buffer ETF – September) and APRQ (Innovator Premium Income 40 Barrier ETF - April) are both exchange-traded funds - QSPT is a Nasdaq-100 fund actively managed by FT Vest, while APRQ is a Options Trading fund actively managed by Innovator. Both are actively managed. QSPT charges 0.90%/yr vs 0.79%/yr for APRQ.

Performance

QSPT vs. APRQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest Nasdaq-100 Buffer ETF – September (QSPT) and Innovator Premium Income 40 Barrier ETF - April (APRQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QSPT

• 1D: 0.04%
• 1M: 2.86%
• YTD: 9.68%
• 6M: 9.71%
• 1Y: 20.91%
• 3Y*: 18.73%
• 5Y*: —
• 10Y*: —

APRQ

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QSPT vs. APRQ - Yearly Performance Comparison

	2026 (YTD)
QSPT FT Cboe Vest Nasdaq-100 Buffer ETF – September	9.85%
APRQ Innovator Premium Income 40 Barrier ETF - April	0.00%

QSPT vs. APRQ - Sectors Allocation Comparison

Sectors	QSPT	APRQ
Technology	53.8%	32.0%
Communication Services	16.1%	9.9%
Consumer Cyclical	13.3%	11.6%
Consumer Defensive	4.9%	5.5%
Healthcare	4.5%	10.5%
Industrials	3.7%	7.4%
Utilities	1.4%	2.5%
Basic Materials	1.3%	1.7%
Energy	0.5%	3.2%
Financial Services	0.4%	13.7%
Real Estate	0.2%	2.1%

Return for Risk

QSPT vs. APRQ — Risk / Return Rank

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

QSPT

QSPT Risk / Return Rank: 68
QSPT Sharpe Ratio Rank: 68
QSPT Sortino Ratio Rank: 68
QSPT Omega Ratio Rank: 73
QSPT Calmar Ratio Rank: 59
QSPT Martin Ratio Rank: 70

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.

QSPT vs. APRQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest Nasdaq-100 Buffer ETF – September (QSPT) and Innovator Premium Income 40 Barrier ETF - April (APRQ). 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.

	QSPT	APRQ	Difference
Sharpe ratio: Return per unit of total volatility	2.21	—	—
Sortino ratio: Return per unit of downside risk	3.07	—	—
Omega ratio: Gain probability vs. loss probability	1.43	—	—
Calmar ratio: Return relative to maximum drawdown	2.91	—	—
Martin ratio: Return relative to average drawdown	13.00	—	—
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

	QSPT	APRQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.21	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	—	—

Drawdowns

QSPT vs. APRQ - Drawdown Comparison

The maximum QSPT drawdown since its inception was -22.64%, which is greater than APRQ's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for QSPT and APRQ.

Drawdown Indicators

	QSPT	APRQ	Difference
Max Drawdown Largest peak-to-trough decline	-22.64%	0.00%	-22.64%
Max Drawdown (1Y) Largest decline over 1 year	-7.23%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.38%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-4.61%	0.00%	-4.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.61%	—	—

Volatility

Volatility by Period

	QSPT	APRQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.21%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.53%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.51%	0.00%	+9.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.14%	0.00%	+15.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.14%	0.00%	+15.14%

QSPT vs. APRQ - Expense Ratio Comparison

QSPT has a 0.90% expense ratio, which is higher than APRQ's 0.79% expense ratio.

Dividends

QSPT vs. APRQ - Dividend Comparison

Neither QSPT nor APRQ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, QSPT or APRQ?

On fees, APRQ is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QSPT or APRQ?

APRQ is cheaper with a 0.79% expense ratio, compared with 0.90% for QSPT.

Which ETF pays a higher dividend yield, QSPT or APRQ?

QSPT and APRQ have nearly identical dividend yields, around 0.00%.

What is the main difference between QSPT and APRQ?

QSPT is categorized as Nasdaq-100, while APRQ is Options Trading. They also come from different issuers: FT Vest and Innovator. Their fees differ too: 0.90% for QSPT and 0.79% for APRQ.