TAPRInnovator Equity Defined Protection ETF - 2 Yr to April 2027
Seeks to provide returns that match the upside return of the Underlying ETF, up to 15.32%, while providing a buffer against 100% of losses.
By Innovator ETFs · Launched 2025
Annual Cost
0.79%
#4,370 of 6,040 · expensive
Fund Size
$11M
#4,943 of 6,040 · small
Return (1Y)
+4.7%
Track Record
1 year
#4,218 of 6,040 · young
Performance
Total-return NAV · USDGrowth of $10,000
$11,337+13.4%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 4 holdings = 100.1% of fundconcentrated
N/A
116.4%
N/A
1.9%
US BANK MMDA - USBGFS 9
0.6%
N/A
-18.8%
Asset allocation
Stocks
80.9%
Cash
19.1%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
2.1%Low
Year-on-year price swings
Max drawdown
-99.7%Severe
Worst peak-to-trough loss
Sharpe (3Y)
-0.97Below average
Sortino (3Y)
-1.12Moderate downside risk
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks to provide returns that match the upside return of the Underlying ETF, up to 15.32%, while providing a buffer against 100% of losses.
- Strategy
- Invests primarily in instruments providing exposure to the State Street SPDR S&P 500 ETF Trust, designed to deliver capped upside returns and a buffer against losses. Outcomes are defined for the period 2025-2027.
- Inception date
- March 31, 2025
- Fund family
- Innovator ETFs
Similar funds
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Data updated on 2026-09-18