USSH vs. APRJ

Last updated Jun 3, 2026

USSH (WisdomTree 1-3 Year Laddered Treasury Fund) and APRJ (Innovator Premium Income 30 Barrier ETF - April) are both exchange-traded funds - USSH is a Government Bonds fund tracking the Bloomberg US Treasury 1-3 Year Laddered Index, while APRJ is a Options Trading fund actively managed by Innovator. USSH is passively managed, while APRJ is actively managed. Over the past year, USSH returned 3.31% vs 7.15% for APRJ. At a correlation of -0.04, they often move in opposite directions. USSH charges 0.15%/yr vs 0.79%/yr for APRJ.

Performance

USSH vs. APRJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree 1-3 Year Laddered Treasury Fund (USSH) and Innovator Premium Income 30 Barrier ETF - April (APRJ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, USSH achieves a 0.45% return, which is significantly lower than APRJ's 3.28% return.

USSH

• 1D: 0.00%
• 1M: 0.02%
• YTD: 0.45%
• 6M: 0.78%
• 1Y: 3.31%
• 3Y*: —
• 5Y*: —
• 10Y*: —

APRJ

• 1D: 0.18%
• 1M: 0.74%
• YTD: 3.28%
• 6M: 3.79%
• 1Y: 7.15%
• 3Y*: 6.39%
• 5Y*: —
• 10Y*: —

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

USSH vs. APRJ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
USSH WisdomTree 1-3 Year Laddered Treasury Fund	0.45%	5.00%	3.87%
APRJ Innovator Premium Income 30 Barrier ETF - April	3.28%	5.71%	4.91%

Correlation

The correlation between USSH and APRJ is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.02
Correlation (All Time) Calculated using the full available price history since Mar 15, 2024	-0.04

Return for Risk

USSH vs. APRJ — Risk / Return Rank

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

USSH

USSH Risk / Return Rank: 80
USSH Sharpe Ratio Rank: 77
USSH Sortino Ratio Rank: 91
USSH Omega Ratio Rank: 85
USSH Calmar Ratio Rank: 73
USSH Martin Ratio Rank: 76

APRJ

APRJ Risk / Return Rank: 98
APRJ Sharpe Ratio Rank: 97
APRJ Sortino Ratio Rank: 99
APRJ Omega Ratio Rank: 98
APRJ Calmar Ratio Rank: 99
APRJ Martin Ratio Rank: 99

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.

USSH vs. APRJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree 1-3 Year Laddered Treasury Fund (USSH) and Innovator Premium Income 30 Barrier ETF - April (APRJ). 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.

	USSH	APRJ	Difference
Sharpe ratio Return per unit of total volatility	2.58	4.79	-2.21
Sortino ratio Return per unit of downside risk	4.35	9.88	-5.52
Omega ratio Gain probability vs. loss probability	1.53	2.26	-0.73
Calmar ratio Return relative to maximum drawdown	3.72	35.96	-32.25
Martin ratio Return relative to average drawdown	14.85	108.58	-93.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

USSH vs. APRJ - Sharpe Ratio Comparison

The current USSH Sharpe Ratio is 2.58, which is lower than the APRJ Sharpe Ratio of 4.79. The chart below compares the historical Sharpe Ratios of USSH and APRJ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	USSH	APRJ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.58	4.79	-2.21
Sharpe Ratio (All Time) Calculated using the full available price history	2.76	1.81	+0.95

Drawdowns

USSH vs. APRJ - Drawdown Comparison

The maximum USSH drawdown since its inception was -1.01%, smaller than the maximum APRJ drawdown of -4.68%. Use the drawdown chart below to compare losses from any high point for USSH and APRJ.

Drawdown Indicators

	USSH	APRJ	Difference
Max Drawdown Largest peak-to-trough decline	-1.01%	-4.68%	+3.67%
Max Drawdown (1Y) Largest decline over 1 year	-0.87%	-0.20%	-0.67%
Max Drawdown (3Y) Largest decline over 3 years	—	-4.68%	—
Current Drawdown Current decline from peak	-0.27%	-0.02%	-0.25%
Average Drawdown Average peak-to-trough decline	-0.20%	-0.12%	-0.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.22%	0.07%	+0.15%

Volatility

USSH vs. APRJ - Volatility Comparison

The current volatility for WisdomTree 1-3 Year Laddered Treasury Fund (USSH) is 0.37%, while Innovator Premium Income 30 Barrier ETF - April (APRJ) has a volatility of 0.46%. This indicates that USSH experiences smaller price fluctuations and is considered to be less risky than APRJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	USSH	APRJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.37%	0.46%	-0.09%
Volatility (6M) Calculated over the trailing 6-month period	0.88%	1.13%	-0.25%
Volatility (1Y) Calculated over the trailing 1-year period	1.29%	1.50%	-0.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.53%	3.63%	-2.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.53%	3.63%	-2.10%

USSH vs. APRJ - Expense Ratio Comparison

USSH has a 0.15% expense ratio, which is lower than APRJ's 0.79% expense ratio.

Dividends

USSH vs. APRJ - Dividend Comparison

USSH's dividend yield for the trailing twelve months is around 3.64%, less than APRJ's 5.26% yield.

Position	TTM	2025	2024	2023
APRJ Innovator Premium Income 30 Barrier ETF - April	5.26%	5.46%	5.88%	4.88%
USSH WisdomTree 1-3 Year Laddered Treasury Fund	3.64%	3.67%	3.22%	0.00%

Frequently Asked Questions

Can I hold both USSH and APRJ in my portfolio?

USSH and APRJ have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, USSH or APRJ?

APRJ has higher volatility (0.46%) compared to USSH (0.37%). In terms of maximum drawdown, USSH dropped -1.01% vs APRJ's -4.68%.

Which ETF is better, USSH or APRJ?

On 1-year performance, APRJ leads with 7.15% vs 3.31% for USSH. On fees, USSH is cheaper at 0.15% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, USSH or APRJ?

Over the 1-year period, APRJ has performed better with a 7.15% return vs 3.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, USSH or APRJ?

USSH is cheaper with a 0.15% expense ratio, compared with 0.79% for APRJ.

Which ETF pays a higher dividend yield, USSH or APRJ?

APRJ has the higher dividend yield at 5.26%, compared with 3.64% for USSH.

What is the main difference between USSH and APRJ?

USSH is categorized as Government Bonds, while APRJ is Options Trading. They also come from different issuers: WisdomTree and Innovator. Their fees differ too: 0.15% for USSH and 0.79% for APRJ.

Which has better risk-adjusted returns?

APRJ currently has the higher Sharpe Ratio (4.79 vs 2.58), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.