Innovator Emerging Markets Power Buffer ETF - April
$33.66−0.13 (−0.38%)
- 0.89%
- $98M
- +16.8%
- 0M sh
- $33.78
- low $28.92high $34.46
The ETF.net EAPR Grade
C
Score 50 out of 100
- 6 of 16
Score 50 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D37 out of 100Rank 8 of 16Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B63 out of 100Rank 4 of 15Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B57 out of 100Rank 9 of 16Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A77 out of 100Rank 4 of 16
Our read on EAPR
CBuffers are almost always an S&P 500 story. EAPR aims the same machinery at emerging markets: the first 15% of the reference ETF's losses absorbed over a one-year outcome period, with upside capped in exchange.
The fund seeks capped participation in the return of the iShares MSCI EM ETF while protecting against the first 15% of losses during the outcome period.
Why people hold it
- The rare emerging markets buffer. Standard defined-outcome machinery pointed at the iShares MSCI EM ETF (EEM), absorbing the first 15% of its losses over each outcome period.innovatoretfs.com
- Terms are known up front. The period runs April 1 to March 31, the cap is struck at the start, and the whole thing resets on the next April roll.
- Fee sits at the buffer cohort median (0.89%), so the harder-to-hedge emerging markets version carries no surcharge against the group.
- A sibling October series (EOCT) runs the same reference, so start dates can be staggered instead of hinging on a single April entry.
Worth knowing
- The buffer and the cap are one package for the full period. Enter mid-period and you inherit that day's remaining buffer and upside room, not the headline terms.
- The cap is what pays for the protection: in a roaring EM year, anything above it stays with the market.
- Thinly traded next to the big S&P 500 buffer funds, so spreads and limit orders deserve attention.
EAPR Holdings
- Stocks
- 3
- 105%
- Eem 03/31/2027 0.57 C
Sectors
- Technology44.2%
- Financials19.2%
- Consumer Discretionary7.5%
- Industrials6.0%
- Communication5.9%
- Materials5.7%
- Energy3.5%
- Health Care2.8%
- Consumer Staples2.4%
- Utilities1.8%
- Real Estate0.9%
EAPR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
EAPR$11,685
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | EAPR |
|---|---|
| Year to date | +13.7% |
| 1 month | −0.5% |
| 3 months | +3.3% |
| 1 year | +16.8% |
| 3 years | +11.9% |
| 5 years | +6.5% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | EAPR |
|---|---|---|
| 2026 YTD | +13.7% | |
| 2025 | +14.8% | |
| 2024 | +2.9% | |
| 2023 | +8.2% | |
| 2022 | −5.0% | |
| 2021 | −2.8% |
EAPR in the news
EAPR Dividends
No distributions in the last 12 months.
EAPR Risk
- 7.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.00
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −15.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.37
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
EAPR Cost
0.89%
EAPR0.89%
- The middle half of Emerging Markets Buffer funds
- Median 0.89%
5 of the 14 Emerging Markets Buffer funds charge less.
Other funds in Emerging Markets Buffer
- CEJANInnovator Emerging Markets Power Buffer ETF - JanuaryExpense ratio 0.89%1 year return +13.0%
- CEJULInnovator Emerging Markets Power Buffer ETFExpense ratio 0.89%1 year return +9.1%
- CEMJLCorgi ETF Trust I - Corgi Emerging Markets Equities 15% Structured Buffer ETF - July SeriesExpense ratio 0.30%1 year return —
- CEMJNCorgi ETF Trust I - Corgi Emerging Markets Equities 15% Structured Buffer ETF - June SeriesExpense ratio 0.30%1 year return —
- CEMMYCorgi ETF Trust I - Corgi Emerging Markets Equities Structured Buffer ETF - May SeriesExpense ratio 0.30%1 year return —