APRHInnovator Premium Income 20 Barrier ETF - April
Seeks a high level of income (9.32% Defined Distribution Rate) with a 20% barrier against S&P 500 Price Return Index losses over each one-year outcome period.
By Innovator ETFs · Launched 2023
Annual Cost
0.79%
#4,298 of 6,062 · expensive
Fund Size
$25M
#4,395 of 6,062 · small
Return (1Y)
+7.6%
Track Record
3 years
#2,913 of 6,062 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,752+7.5%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightAsset allocation
Bonds
90.3%
Cash
10.6%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
2.1%Low
Year-on-year price swings
Max drawdown
-5.9%Mild
Worst peak-to-trough loss
Sharpe (3Y)
0.73Decent risk-adjusted returns
Sortino (3Y)
1.11Good downside protection
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks a high level of income (9.32% Defined Distribution Rate) with a 20% barrier against S&P 500 Price Return Index losses over each one-year outcome period.
- Strategy
- Actively managed defined-outcome strategy investing in FLEX Options referencing the S&P 500 Price Return Index plus U.S. Treasury bills. Treasury income and option premiums fund quarterly Defined Distributions; shareholders are protected against U.S. Equity Index losses at or below a 20% Barrier but bear one-to-one losses once the Barrier is breached. No buffer or floor, no upside participation; outcome period resets annually each April.
- Inception date
- March 31, 2023
- Fund family
- Innovator ETFs
Similar funds
Same asset class, closest by strategy & exposureNext steps
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Data updated on 2026-09-19