ZAPRInnovator Equity Defined Protection ETF — 1 Yr April
Seeks to provide returns that match the Underlying ETF's return, capped at 7.28%, while providing a buffer against 100% of losses over the Outcome Period.
By Innovator ETFs · Launched 2025
Annual Cost
0.79%
#4,370 of 6,040 · expensive
Fund Size
$67M
#3,442 of 6,040 · mid-size
Return (1Y)
+6.1%
Track Record
1 year
#4,218 of 6,040 · young
Performance
Total-return NAV · USDGrowth of $10,000
$10,608+6.1%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 6 holdings = 100.1% of fundconcentrated
Vanguard S&P 500 ETF
107.3%
N/A
3.6%
US BANK MMDA - USBGFS 9
0.3%
N/A
0.3%
N/A
-0.1%
N/A
-11.3%
Asset allocation
Stocks
86.9%
Cash
13.0%
Other
0.1%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
1.5%Low
Year-on-year price swings
Max drawdown
-1.7%Mild
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks to provide returns that match the Underlying ETF's return, capped at 7.28%, while providing a buffer against 100% of losses over the Outcome Period.
- Strategy
- Invests primarily in FLEX Options referencing the Underlying ETF to provide returns matching the Underlying ETF, capped at 7.28%, while buffering against 100% of losses during the Outcome Period. The strategy is designed to achieve these outcomes based on the performance of the Underlying ETF.
- Inception date
- March 31, 2025
- Fund family
- Innovator ETFs
Similar funds
Same asset class, closest by strategy & exposureNext steps
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Data updated on 2026-09-18