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ILDR vs TAPR

First Trust Innovation Leaders ETF vs Innovator Equity Defined Protection ETF - 2 Yr to April 2027

ILDR

First Trust Innovation Leaders ETF

First Trust

Annual cost

0.75%

Fund size

$243M

TAPR

Innovator Equity Defined Protection ETF - 2 Yr to April 2027

Innovator ETFs

Annual cost

0.79%

Fund size

$11M

Key differences

  • ILDR is significantly larger than TAPR — larger funds tend to be more liquid and less likely to close.
  • ILDR is classified as equity, while TAPR is alternative — different risk/return profiles.
  • ILDR follows a index tracking strategy; TAPR uses structured outcome.

Side-by-side comparison

ILDRTAPR
Annual cost (TER)0.75%0.79%
Fund size (AUM)$243M$11M
Since20212025
Dividend yield0.00%0.00%
Asset classequityalternative
Regionnorth america
Strategyindex trackingstructured outcome
CAGR 1Y+44.9%+7.0%
CAGR 3Y+31.9%N/A
CAGR 5YN/AN/A
Sharpe 3Y1.17N/A
Volatility 1Y20.91%2.28%
Max drawdown-44.61%-2.60%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to ILDR and TAPR