SIXD vs. KAPR

Last updated Jun 6, 2026

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 0.76 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

The chart below illustrates the hypothetical performance of a $10,000 investment in AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF (SIXD) and Innovator Russell 2000 Power Buffer ETF - April (KAPR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SIXD achieves a 5.75% return, which is significantly lower than KAPR's 10.16% return.

SIXD

• 1D: -1.28%
• 1M: 0.45%
• YTD: 5.75%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KAPR

• 1D: -1.37%
• 1M: -0.36%
• YTD: 10.16%
• 6M: 10.66%
• 1Y: 22.23%
• 3Y*: 12.50%
• 5Y*: 7.02%
• 10Y*: —

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

SIXD vs. KAPR - Yearly Performance Comparison

	2026 (YTD)	2025
SIXD AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF	5.75%	-0.18%
KAPR Innovator Russell 2000 Power Buffer ETF - April	10.16%	-0.26%

Correlation

The correlation between SIXD and KAPR is 0.76, 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 23, 2025	0.76

SIXD vs. KAPR - Sectors Allocation Comparison

Sectors	SIXD	KAPR
Technology	36.2%	15.4%
Financial Services	11.9%	16.0%
Communication Services	10.9%	2.3%
Consumer Cyclical	10.1%	8.7%
Healthcare	8.4%	17.7%
Industrials	8.1%	16.6%
Consumer Defensive	4.9%	2.6%
Energy	3.5%	6.6%
Utilities	2.3%	3.0%
Real Estate	1.9%	6.3%
Basic Materials	1.8%	4.8%

Return for Risk

SIXD vs. KAPR — Risk / Return Rank

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

KAPR

KAPR Risk / Return Rank: 95
KAPR Sharpe Ratio Rank: 94
KAPR Sortino Ratio Rank: 95
KAPR Omega Ratio Rank: 95
KAPR Calmar Ratio Rank: 96
KAPR Martin Ratio Rank: 97

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.

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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SIXD	KAPR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.35	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.60	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.71	0.81	+0.89

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.

Drawdown Indicators

	SIXD	KAPR	Difference
Max Drawdown Largest 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 Drawdown Current decline from peak	-1.35%	-1.37%	+0.02%
Average Drawdown Average peak-to-trough decline	-0.78%	-3.91%	+3.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.54%	—

Volatility

Volatility by Period

	SIXD	KAPR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.64%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.34%	—
Volatility (1Y) Calculated over the trailing 1-year period	7.56%	6.69%	+0.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.56%	11.76%	-4.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.56%	11.64%	-4.08%

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.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SIXD and KAPR in my portfolio?

SIXD and KAPR have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SIXD or KAPR?

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.

Which ETF is cheaper, SIXD or KAPR?

SIXD is cheaper with a 0.74% expense ratio, compared with 0.79% for KAPR.

Which ETF pays a higher dividend yield, SIXD or KAPR?

SIXD and KAPR have nearly identical dividend yields, around 0.00%.

What is the main difference between SIXD and KAPR?

They also come from different issuers: Allianz and Innovator. Their fees differ too: 0.74% for SIXD and 0.79% for KAPR.