SIXD vs. KAPR
SIXD (AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF) and KAPR (Innovator Russell 2000 Power Buffer ETF - April) are both Defined Outcome funds. SIXD is actively managed, while KAPR is passively managed. A 0.75 correlation means they provide meaningful diversification when combined. SIXD charges 0.74%/yr vs 0.79%/yr for KAPR.
Performance
SIXD vs. KAPR - Performance Comparison
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Returns By Period
In the year-to-date period, SIXD achieves a 6.51% return, which is significantly lower than KAPR's 13.15% return.
SIXD
- 1D
- -0.21%
- 1M
- -0.58%
- 6M
- 6.51%
- YTD
- 6.51%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KAPR
- 1D
- -0.13%
- 1M
- 1.77%
- 6M
- 13.15%
- YTD
- 13.15%
- 1Y
- 22.38%
- 3Y*
- 13.01%
- 5Y*
- 7.58%
- 10Y*
- —
SIXD vs. KAPR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SIXD AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF | 6.51% | -0.00% |
KAPR Innovator Russell 2000 Power Buffer ETF - April | 13.15% | 0.03% |
Correlation
The correlation between SIXD and KAPR is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 22, 2025 | 0.75 |
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Return for Risk
SIXD vs. KAPR — Risk / Return Rank
SIXD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
KAPR
SIXD vs. KAPR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF (SIXD) and Innovator Russell 2000 Power Buffer ETF - April (KAPR). 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.
| SIXD | KAPR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.71 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 8.93 | — |
| Martin ratioReturn relative to average drawdown | — | 41.90 | — |
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Drawdowns
SIXD vs. KAPR - Drawdown Comparison
The maximum SIXD drawdown since its inception was -4.69%, smaller than the maximum KAPR drawdown of -16.91%. Use the drawdown chart below to compare losses from any high point for SIXD and KAPR.
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Drawdown Indicators
| SIXD | KAPR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.69% | -16.91% | +12.22% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.52% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -16.84% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.91% | — |
Current DrawdownCurrent decline from peak | -0.65% | -0.13% | -0.52% |
Average DrawdownAverage peak-to-trough decline | -0.81% | -3.87% | +3.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.54% | — |
Volatility
SIXD vs. KAPR - Volatility Comparison
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Volatility by Period
| SIXD | KAPR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.46% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 4.57% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 7.75% | 6.62% | +1.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.75% | 11.76% | -4.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.75% | 11.63% | -3.88% |
SIXD vs. KAPR - Expense Ratio Comparison
SIXD has a 0.74% expense ratio, which is lower than KAPR's 0.79% expense ratio.
Dividends
SIXD vs. KAPR - Dividend Comparison
Neither SIXD nor KAPR has paid dividends to shareholders.
Frequently Asked Questions
SIXD and KAPR have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SIXD is cheaper at 0.74% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SIXD is cheaper with a 0.74% expense ratio, compared with 0.79% for KAPR.
SIXD and KAPR have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Allianz and Innovator. Their fees differ too: 0.74% for SIXD and 0.79% for KAPR.
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