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EPRF vs SPSB

Innovator S&P Investment Grade Preferred ETF vs State Street SPDR Portfolio Short Term Corporate Bond ETF

EPRF

Innovator S&P Investment Grade Preferred ETF

Annual cost

0.47%

Fund size

$72M

SPSB

State Street SPDR Portfolio Short Term Corporate Bond ETF

Annual cost

0.04%

Fund size

$10.1B

Key differences

  • SPSB costs 0.43% less per year.
  • SPSB is significantly larger than EPRF — larger funds tend to be more liquid and less likely to close.
  • EPRF is classified as alternative, while SPSB is fixed income — different risk/return profiles.
  • EPRF follows a structured outcome strategy; SPSB uses index tracking.
  • Over the last 3 years, SPSB has delivered higher annualized returns.
  • SPSB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

EPRFSPSB
Annual cost (TER)0.47%0.04%
Fund size (AUM)$72M$10.1B
Since20162009
Dividend yield6.08%4.44%
Asset classalternativefixed income
Regionnorth americanorth america
Strategystructured outcomeindex tracking
CAGR 1Y+4.0%+4.6%
CAGR 3Y+4.0%+5.3%
CAGR 5Y-1.5%+2.7%
Sharpe 3Y0.091.00
Volatility 1Y7.59%1.32%
Max drawdown-26.82%-11.75%

Similar to EPRF and SPSB