Skip to content
Beacon
Screener

RWL vs AAPR

Invesco S&P 500 Revenue ETF vs Innovator Equity Defined Protection ETF - 2 Yr to April 2026

RWL

Invesco S&P 500 Revenue ETF

Invesco

Annual cost

0.39%

Fund size

$8.8B

AAPR

Innovator Equity Defined Protection ETF - 2 Yr to April 2026

Innovator ETFs

Annual cost

0.79%

Fund size

$52M

Key differences

  • RWL costs 0.40% less per year.
  • RWL is significantly larger than AAPR — larger funds tend to be more liquid and less likely to close.
  • RWL is classified as equity, while AAPR is alternative — different risk/return profiles.
  • RWL follows a index tracking strategy; AAPR uses structured outcome.
  • RWL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

RWLAAPR
Annual cost (TER)0.39%0.79%
Fund size (AUM)$8.8B$52M
Since20082024
Dividend yield1.28%0.00%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingstructured outcome
CAGR 1Y+29.1%+11.0%
CAGR 3Y+20.2%N/A
CAGR 5Y+13.3%N/A
Sharpe 3Y1.28N/A
Volatility 1Y10.12%2.44%
Max drawdown-36.04%-5.99%

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

Similar to RWL and AAPR