SIXJ vs. LAPR

Last updated Apr 1, 2026

Compare and contrast key facts about AllianzIM U.S. Large Cap 6 Month Buffer10 Jan/Jul ETF (SIXJ) and Innovator Premium Income 15 Buffer ETF - April (LAPR).

SIXJ and LAPR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SIXJ is a passively managed fund by Allianz that tracks the performance of the S&P 500. It was launched on Dec 31, 2021. LAPR is an actively managed fund by Innovator. It was launched on Mar 28, 2024.

Performance

SIXJ vs. LAPR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AllianzIM U.S. Large Cap 6 Month Buffer10 Jan/Jul ETF (SIXJ) and Innovator Premium Income 15 Buffer ETF - April (LAPR). The values are adjusted to include any dividend payments, if applicable.

SIXJ vs. LAPR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SIXJ AllianzIM U.S. Large Cap 6 Month Buffer10 Jan/Jul ETF	-1.87%	12.81%	9.66%
LAPR Innovator Premium Income 15 Buffer ETF - April	0.84%	5.81%	4.82%

Returns By Period

In the year-to-date period, SIXJ achieves a -1.87% return, which is significantly lower than LAPR's 0.84% return.

SIXJ

• 1D: 1.64%
• 1M: -2.49%
• YTD: -1.87%
• 6M: 0.90%
• 1Y: 12.35%
• 3Y*: 12.41%
• 5Y*: —
• 10Y*: —

LAPR

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

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

SIXJ vs. LAPR - Expense Ratio Comparison

SIXJ has a 0.74% expense ratio, which is lower than LAPR's 0.79% expense ratio.

LAPR

Innovator Premium Income 15 Buffer ETF - April

SIXJ

AllianzIM U.S. Large Cap 6 Month Buffer10 Jan/Jul ETF

Return for Risk

SIXJ vs. LAPR — Risk / Return Rank

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

SIXJ

SIXJ Risk / Return Rank: 73
SIXJ Sharpe Ratio Rank: 67
SIXJ Sortino Ratio Rank: 71
SIXJ Omega Ratio Rank: 79
SIXJ Calmar Ratio Rank: 63
SIXJ Martin Ratio Rank: 83

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.

SIXJ vs. LAPR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Large Cap 6 Month Buffer10 Jan/Jul ETF (SIXJ) and Innovator Premium Income 15 Buffer ETF - April (LAPR). 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.

	SIXJ	LAPR	Difference
Sharpe ratio Return per unit of total volatility	1.20	1.28	-0.08
Sortino ratio Return per unit of downside risk	1.82	1.92	-0.10
Omega ratio Gain probability vs. loss probability	1.31	1.55	-0.25
Calmar ratio Return relative to maximum drawdown	1.64	1.48	+0.16
Martin ratio Return relative to average drawdown	9.73	10.62	-0.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SIXJ vs. LAPR - Sharpe Ratio Comparison

The current SIXJ Sharpe Ratio is 1.20, which is comparable to the LAPR Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of SIXJ and LAPR, 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

	SIXJ	LAPR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.20	1.28	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	1.71	-1.01

Correlation

The correlation between SIXJ and LAPR is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

SIXJ vs. LAPR - Dividend Comparison

SIXJ has not paid dividends to shareholders, while LAPR's dividend yield for the trailing twelve months is around 5.36%.

	TTM	2025	2024
SIXJ AllianzIM U.S. Large Cap 6 Month Buffer10 Jan/Jul ETF	0.00%	0.00%	0.00%
LAPR Innovator Premium Income 15 Buffer ETF - April	5.36%	5.40%	4.21%

Drawdowns

SIXJ vs. LAPR - Drawdown Comparison

The maximum SIXJ drawdown since its inception was -14.07%, which is greater than LAPR's maximum drawdown of -3.81%. Use the drawdown chart below to compare losses from any high point for SIXJ and LAPR.

Drawdown Indicators

	SIXJ	LAPR	Difference
Max Drawdown Largest peak-to-trough decline	-14.07%	-3.81%	-10.26%
Max Drawdown (1Y) Largest decline over 1 year	-7.68%	-3.81%	-3.87%
Current Drawdown Current decline from peak	-2.97%	0.00%	-2.97%
Average Drawdown Average peak-to-trough decline	-2.98%	-0.12%	-2.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.29%	0.53%	+0.76%

Volatility

SIXJ vs. LAPR - Volatility Comparison

AllianzIM U.S. Large Cap 6 Month Buffer10 Jan/Jul ETF (SIXJ) has a higher volatility of 3.17% compared to Innovator Premium Income 15 Buffer ETF - April (LAPR) at 0.10%. This indicates that SIXJ's price experiences larger fluctuations and is considered to be riskier than LAPR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SIXJ	LAPR	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.17%	0.10%	+3.07%
Volatility (6M) Calculated over the trailing 6-month period	4.58%	0.68%	+3.90%
Volatility (1Y) Calculated over the trailing 1-year period	10.34%	4.40%	+5.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.17%	3.39%	+6.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.17%	3.39%	+6.78%