RPXIX vs. PFEB

Last updated Apr 1, 2026

Compare and contrast key facts about RiverPark Large Growth Fund (RPXIX) and Innovator U.S. Equity Power Buffer ETF - February (PFEB).

RPXIX is managed by RiverPark Funds. It was launched on Sep 30, 2010. PFEB is a passively managed fund by Innovator that tracks the performance of the S&P 500. It was launched on Jan 31, 2020.

Performance

RPXIX vs. PFEB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RiverPark Large Growth Fund (RPXIX) and Innovator U.S. Equity Power Buffer ETF - February (PFEB). The values are adjusted to include any dividend payments, if applicable.

RPXIX vs. PFEB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
RPXIX RiverPark Large Growth Fund	-13.34%	13.18%	22.55%	51.57%	-47.37%	1.09%	47.41%
PFEB Innovator U.S. Equity Power Buffer ETF - February	-1.52%	10.65%	12.71%	14.96%	-2.84%	11.52%	6.24%

Returns By Period

In the year-to-date period, RPXIX achieves a -13.34% return, which is significantly lower than PFEB's -1.52% return.

RPXIX

• 1D: 0.28%
• 1M: -8.04%
• YTD: -13.34%
• 6M: -12.24%
• 1Y: 5.71%
• 3Y*: 16.04%
• 5Y*: -1.11%
• 10Y*: 10.12%

PFEB

• 1D: 1.82%
• 1M: -2.36%
• YTD: -1.52%
• 6M: 1.03%
• 1Y: 11.95%
• 3Y*: 11.11%
• 5Y*: 7.73%
• 10Y*: —

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

RPXIX vs. PFEB - Expense Ratio Comparison

RPXIX has a 0.91% expense ratio, which is higher than PFEB's 0.79% expense ratio.

RPXIX

RiverPark Large Growth Fund

PFEB

Innovator U.S. Equity Power Buffer ETF - February

Return for Risk

RPXIX vs. PFEB — Risk / Return Rank

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

RPXIX

RPXIX Risk / Return Rank: 11
RPXIX Sharpe Ratio Rank: 12
RPXIX Sortino Ratio Rank: 13
RPXIX Omega Ratio Rank: 13
RPXIX Calmar Ratio Rank: 10
RPXIX Martin Ratio Rank: 10

PFEB

PFEB Risk / Return Rank: 72
PFEB Sharpe Ratio Rank: 67
PFEB Sortino Ratio Rank: 70
PFEB Omega Ratio Rank: 77
PFEB Calmar Ratio Rank: 65
PFEB Martin Ratio Rank: 80

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.

RPXIX vs. PFEB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RiverPark Large Growth Fund (RPXIX) and Innovator U.S. Equity Power Buffer ETF - February (PFEB). 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.

	RPXIX	PFEB	Difference
Sharpe ratio Return per unit of total volatility	0.28	1.20	-0.92
Sortino ratio Return per unit of downside risk	0.56	1.79	-1.23
Omega ratio Gain probability vs. loss probability	1.08	1.30	-0.22
Calmar ratio Return relative to maximum drawdown	0.20	1.68	-1.48
Martin ratio Return relative to average drawdown	0.71	8.95	-8.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RPXIX vs. PFEB - Sharpe Ratio Comparison

The current RPXIX Sharpe Ratio is 0.28, which is lower than the PFEB Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of RPXIX and PFEB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RPXIX	PFEB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.28	1.20	-0.92
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.04	0.95	-0.99
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.72	-0.26

Correlation

The correlation between RPXIX and PFEB is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

RPXIX vs. PFEB - Dividend Comparison

RPXIX's dividend yield for the trailing twelve months is around 10.56%, while PFEB has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RPXIX RiverPark Large Growth Fund	10.56%	9.15%	7.22%	0.00%	0.01%	3.79%	6.69%	11.76%	15.17%	9.01%	0.54%	1.72%
PFEB Innovator U.S. Equity Power Buffer ETF - February	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

RPXIX vs. PFEB - Drawdown Comparison

The maximum RPXIX drawdown since its inception was -58.56%, which is greater than PFEB's maximum drawdown of -19.98%. Use the drawdown chart below to compare losses from any high point for RPXIX and PFEB.

Drawdown Indicators

	RPXIX	PFEB	Difference
Max Drawdown Largest peak-to-trough decline	-58.56%	-19.98%	-38.58%
Max Drawdown (1Y) Largest decline over 1 year	-15.28%	-7.19%	-8.09%
Max Drawdown (5Y) Largest decline over 5 years	-58.56%	-11.05%	-47.51%
Max Drawdown (10Y) Largest decline over 10 years	-58.56%	—	—
Current Drawdown Current decline from peak	-20.17%	-2.98%	-17.19%
Average Drawdown Average peak-to-trough decline	-11.64%	-1.87%	-9.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.30%	1.35%	+2.95%

Volatility

RPXIX vs. PFEB - Volatility Comparison

RiverPark Large Growth Fund (RPXIX) has a higher volatility of 4.87% compared to Innovator U.S. Equity Power Buffer ETF - February (PFEB) at 3.15%. This indicates that RPXIX's price experiences larger fluctuations and is considered to be riskier than PFEB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RPXIX	PFEB	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.87%	3.15%	+1.72%
Volatility (6M) Calculated over the trailing 6-month period	10.79%	4.61%	+6.18%
Volatility (1Y) Calculated over the trailing 1-year period	21.14%	10.00%	+11.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.37%	8.22%	+18.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.71%	11.44%	+13.27%