TJUL vs. APRQ

Last updated Jun 4, 2026

TJUL (Innovator Equity Defined Protection ETF – 2 Yr to July 2025) and APRQ (Innovator Premium Income 40 Barrier ETF - April) are both Options Trading funds from Innovator. Both are actively managed. Both charge a 0.79% expense ratio.

Performance

TJUL vs. APRQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Equity Defined Protection ETF – 2 Yr to July 2025 (TJUL) and Innovator Premium Income 40 Barrier ETF - April (APRQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TJUL

• 1D: -0.05%
• 1M: 0.62%
• YTD: 2.08%
• 6M: 2.41%
• 1Y: 5.85%
• 3Y*: —
• 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)

TJUL vs. APRQ - Yearly Performance Comparison

	2026 (YTD)
TJUL Innovator Equity Defined Protection ETF – 2 Yr to July 2025	1.67%
APRQ Innovator Premium Income 40 Barrier ETF - April	0.00%

TJUL vs. APRQ - Sectors Allocation Comparison

Sectors	TJUL	APRQ
Technology	33.6%	32.0%
Financial Services	12.4%	13.7%
Communication Services	10.5%	9.9%
Consumer Cyclical	10.0%	11.6%
Healthcare	9.5%	10.5%
Industrials	8.5%	7.4%
Consumer Defensive	5.3%	5.5%
Energy	4.0%	3.2%
Utilities	2.5%	2.5%
Real Estate	2.0%	2.1%
Basic Materials	1.9%	1.7%

Return for Risk

TJUL vs. APRQ — Risk / Return Rank

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

TJUL

TJUL Risk / Return Rank: 65
TJUL Sharpe Ratio Rank: 63
TJUL Sortino Ratio Rank: 68
TJUL Omega Ratio Rank: 67
TJUL Calmar Ratio Rank: 57
TJUL Martin Ratio Rank: 71

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.

TJUL vs. APRQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Defined Protection ETF – 2 Yr to July 2025 (TJUL) 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.

	TJUL	APRQ	Difference
Sharpe ratio: Return per unit of total volatility	2.12	—	—
Sortino ratio: Return per unit of downside risk	3.12	—	—
Omega ratio: Gain probability vs. loss probability	1.41	—	—
Calmar ratio: Return relative to maximum drawdown	2.82	—	—
Martin ratio: Return relative to average drawdown	13.10	—	—
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

	TJUL	APRQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.12	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.64	—	—

Drawdowns

TJUL vs. APRQ - Drawdown Comparison

The maximum TJUL drawdown since its inception was -4.61%, which is greater than APRQ's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for TJUL and APRQ.

Drawdown Indicators

	TJUL	APRQ	Difference
Max Drawdown Largest peak-to-trough decline	-4.61%	0.00%	-4.61%
Max Drawdown (1Y) Largest decline over 1 year	-2.08%	—	—
Current Drawdown Current decline from peak	-0.12%	0.00%	-0.12%
Average Drawdown Average peak-to-trough decline	-0.39%	0.00%	-0.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.45%	—	—

Volatility

Volatility by Period

	TJUL	APRQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.51%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.14%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.77%	0.00%	+2.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.26%	0.00%	+4.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.26%	0.00%	+4.26%

TJUL vs. APRQ - Expense Ratio Comparison

Both TJUL and APRQ have an expense ratio of 0.79%.

Dividends

TJUL vs. APRQ - Dividend Comparison

Neither TJUL nor APRQ has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, TJUL or APRQ?

Both ETFs have the same 0.79% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TJUL or APRQ?

TJUL and APRQ have the same expense ratio: 0.79% per year.

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

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