Screener
PBUS vs AAPR
Invesco MSCI USA ETF vs Innovator Equity Defined Protection ETF - 2 Yr to April 2026
Key differences
- PBUS costs 0.75% less per year.
- PBUS is significantly larger than AAPR — larger funds tend to be more liquid and less likely to close.
- PBUS is classified as equity, while AAPR is alternative — different risk/return profiles.
- PBUS follows a index tracking strategy; AAPR uses structured outcome.
- PBUS has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| PBUS | AAPR | |
|---|---|---|
| Annual cost (TER) | 0.04% | 0.79% |
| Fund size (AUM) | $11.4B | $74M |
| Since | 2017 | 2024 |
| Dividend yield | 0.98% | 0.00% |
| Asset class | equity | alternative |
| Region | north america | north america |
| Strategy | index tracking | structured outcome |
| CAGR 1Y | +24.6% | +9.3% |
| CAGR 3Y | +22.6% | N/A |
| CAGR 5Y | +13.1% | N/A |
| Sharpe 3Y | 1.19 | N/A |
| Volatility 1Y | 12.39% | 2.42% |
| Max drawdown | -33.15% | -5.99% |
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