ZJUN vs. ZAPR

Last updated Apr 1, 2026

Compare and contrast key facts about Innovator Equity Defined Protection ETF - 1 Yr June (ZJUN) and Innovator Equity Defined Protection ETF - 1 Yr April (ZAPR).

ZJUN and ZAPR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ZJUN is an actively managed fund by Innovator. It was launched on May 30, 2025. ZAPR is an actively managed fund by Innovator. It was launched on Apr 1, 2025.

Performance

ZJUN vs. ZAPR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Equity Defined Protection ETF - 1 Yr June (ZJUN) and Innovator Equity Defined Protection ETF - 1 Yr April (ZAPR). The values are adjusted to include any dividend payments, if applicable.

ZJUN vs. ZAPR - Yearly Performance Comparison

	2026 (YTD)	2025
ZJUN Innovator Equity Defined Protection ETF - 1 Yr June	0.28%	3.95%
ZAPR Innovator Equity Defined Protection ETF - 1 Yr April	1.24%	3.89%

Returns By Period

In the year-to-date period, ZJUN achieves a 0.28% return, which is significantly lower than ZAPR's 1.24% return.

ZJUN

• 1D: 0.65%
• 1M: -0.37%
• YTD: 0.28%
• 6M: 1.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ZAPR

• 1D: 0.04%
• 1M: 0.46%
• YTD: 1.24%
• 6M: 2.59%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ZJUN vs. ZAPR - Expense Ratio Comparison

Both ZJUN and ZAPR have an expense ratio of 0.79%.

ZJUN

Innovator Equity Defined Protection ETF - 1 Yr June

ZAPR

Innovator Equity Defined Protection ETF - 1 Yr April

Return for Risk

ZJUN vs. ZAPR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Defined Protection ETF - 1 Yr June (ZJUN) and Innovator Equity Defined Protection ETF - 1 Yr April (ZAPR). 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

	ZJUN	ZAPR	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.71	2.55	+0.16

Correlation

The correlation between ZJUN and ZAPR is 0.67, 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

ZJUN vs. ZAPR - Dividend Comparison

Neither ZJUN nor ZAPR has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

ZJUN vs. ZAPR - Drawdown Comparison

The maximum ZJUN drawdown since its inception was -1.08%, smaller than the maximum ZAPR drawdown of -1.72%. Use the drawdown chart below to compare losses from any high point for ZJUN and ZAPR.

Drawdown Indicators

	ZJUN	ZAPR	Difference
Max Drawdown Largest peak-to-trough decline	-1.08%	-1.72%	+0.64%
Current Drawdown Current decline from peak	-0.43%	0.00%	-0.43%
Average Drawdown Average peak-to-trough decline	-0.09%	-0.10%	+0.01%

Volatility

Volatility by Period

	ZJUN	ZAPR	Difference
Volatility (1Y) Calculated over the trailing 1-year period	1.91%	2.62%	-0.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.91%	2.62%	-0.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.91%	2.62%	-0.71%