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EAPR vs EJUL

Innovator Emerging Markets Power Buffer ETF - April

EAPRCNYSE Arca

Innovator Emerging Markets Power Buffer ETF

EJULBNYSE Arca

Overlap

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

EAPR0.89%EJUL0.89%

Avg volume · 30D

EJUL 7.1×the volume

EAPR7.88KEJUL55.9K

5Y return · a year

EAPR +2.7pt

EAPR+5.4%EJUL+2.7%

EAPR vs EJUL Performance

Oct 29, 2021 – Oct 30, 2026

+30.1%EAPR+14.3%EJUL

Oct 29, 2021 to Oct 30, 2026. EAPR +30.1%. EJUL +14.3%. Use the arrow keys to read each point.−20%−10%0%40%Oct 2021Apr 2024Oct 2026
Expense ratio
EAPR 0.89%
EJUL 0.89%
Fund size
EAPR $93M
EJUL $210M
1Y total return
EAPR +9.7%, better
EJUL +1.1%
Yield (12M)
EAPR No data
EJUL 0.00%
Holdings
EAPR 3
EJUL 3
Avg volume (30D)
EAPR 7.88K sh
EJUL 55.9K sh, better
NAV per share
EAPR $32.05
EJUL $29.60
52W range

ETF.net Grade

EAPR: Cost 47, Risk 61, Mission not scored, Tradability 55, Holdings not scored, Durability 77. EJUL: Cost 47, Risk 58, Mission not scored, Tradability 73, Holdings not scored, Durability 93.
Pillar letters and Scores for EAPR, EJUL, with each pillar’s weight
PillarEAPREJUL
Cost30% weightC47C47
Mission25% weightNot scoredNot scored
Risk15% weightB61HigherB58
Tradability15% weightB55A73Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA77A93Higher

Rank among Emerging Markets Buffer funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. EAPR and EJUL are both graded against the same 14 Emerging Markets Buffer funds, so their Grades compare head to head.

Emerging Markets Buffer⁠

Category · 14 funds
See all 14 ›

EJUL ranks 4th and EAPR 5th of 14 funds in the Emerging Markets Buffer Category.

  1. Rank 1BEBUFInnovator Emerging Markets 10 Buffer ETFScore 62
  2. Rank 2BEJANInnovator Emerging Markets Power Buffer ETF - JanuaryScore 61
  3. Rank 2BEOCTInnovator Emerging Markets Power Buffer ETFScore 61
  4. Rank 4BEJULInnovator Emerging Markets Power Buffer ETFScore 58
  5. Rank 5CEAPRInnovator Emerging Markets Power Buffer ETF - AprilScore 54
  6. Rank 6CTDECFT Vest Emerging Markets Buffer ETF - DecemberScore 44

Our read on each fund

ETF.net Research

EAPRCInnovator Emerging Markets Power Buffer ETF - April

EJULBInnovator Emerging Markets Power Buffer ETF

In short

EAPR Buffers 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.

EJUL Buffered downside is easy to find on the S&P 500. EJUL does it on emerging markets: it tracks EEM up to a cap and absorbs the first 15% of losses over a 12-month outcome period that resets every July.

Stated mandate

EAPR 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.

EJUL The Fund seeks to match the return of the iShares MSCI Emerging Markets ETF over the outcome period, subject to a stated upside cap and protection against the first 15% of losses.

Why people hold it

  • EAPR 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.
  • EJUL The trade is written into the fund's own documents: the first 15% of EEM's decline over the outcome period is absorbed before losses reach you.innovatoretfs.com
  • Emerging markets is thin ground for defined-outcome funds. Innovator's EEM-linked series (EJUL, EJAN, EBUF) is one of the few places this structure exists at all.
  • Running since 2019, and a plain 1940 Act ETF: no K-1, no bank note behind it, unlike the structured products that sell the same payoff shape.innovatoretfs.com
  • One of the easier funds in its buffer peer group to get in and out of, which matters in a category where trading costs can quietly eat the buffer.

Worth knowing

  • EAPR 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.
  • EJUL Buffer and cap are designed around a full July-to-June period. Buy mid-period and you inherit whatever buffer and upside are left, not the headline terms.innovatoretfs.com
  • Upside stops at the cap reset each July, so a runaway emerging markets rally leaves gains on the table. Protection is bought with ceiling.
  • 0.89% a year: median for buffer funds, but many multiples of a plain emerging markets index fund. And it's built for price return, not income.

Full EAPR profile⁠

Full EJUL profile⁠

EAPR vs EJUL Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

EAPR vs EJUL Cost

Same expense ratio

$16,872

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • EAPR 0.89%

    $16,872

  • EJUL 0.89%

    $16,872

$10,000
30 years

Cost over time

  • EAPR 0.89%
  • EJUL 0.89%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530EAPR $16,872EJUL $16,872

Year by year

YearEAPREJUL
10$1,576$1,576
20$5,953$5,953
30$16,872$16,872

Expense ratio

  • 0.89%EAPR
  • 0.89%EJUL
  • Middle half of Emerging Markets Buffer funds
  • Median 0.89%

EAPR 5th cheapest of 14 funds

EJUL 5th cheapest of 14 funds

EAPR vs EJUL Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
EAPR No data
EJUL 0.00%
Payout (12M)
EAPR None
EJUL None

Distribution history

Per share, 2019, same scale for both

EAPRAll EAPR payments⁠

No distribution history available.

EJUL1 paymentAll EJUL payments⁠
One bar per payment. 1 payment in 2019. Nov 19, 2019 $0.17. Use the arrow keys to read each point.$0$0.102019

EAPR vs EJUL Risk

Fall from peak · 5 years

  • EAPR
  • EJUL
Oct 29, 2021 to Oct 30, 2026. Worst fall: EJUL −19.5% · Oct 2022. Use the arrow keys to read each point.−20%−15%−10%−5%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
EAPR 7.7%, betterEJUL 7.8%
Return per unit of riskSharpe ratio, 3 years
EAPR 0.80, betterEJUL 0.73
Worst fallMax drawdown, 5 years
EAPR −15.3%, betterEJUL −19.5%
Market sensitivityBeta, 5 years
EAPR 0.37EJUL 0.39

Popular comparisons

  • EAPRCvsEBUFB

    Innovator Emerging Markets Power Buffer ETF - April · Innovator Emerging Markets 10 Buffer ETF

    Expense ratio
    0.89% · 0.89%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • EJULBvsEBUFB

    Innovator Emerging Markets Power Buffer ETF · Innovator Emerging Markets 10 Buffer ETF

    Expense ratio
    0.89% · 0.89%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • EAPRCvsEJANB

    Innovator Emerging Markets Power Buffer ETF - April · Innovator Emerging Markets Power Buffer ETF - January

    Expense ratio
    0.89% · 0.89%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • EJULBvsEJANB

    Innovator Emerging Markets Power Buffer ETF · Innovator Emerging Markets Power Buffer ETF - January

    Expense ratio
    0.89% · 0.89%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • EAPRCvsEOCTB

    Innovator Emerging Markets Power Buffer ETF - April · Innovator Emerging Markets Power Buffer ETF

    Expense ratio
    0.89% · 0.89%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • EJULBvsEOCTB

    Innovator Emerging Markets Power Buffer ETF · Innovator Emerging Markets Power Buffer ETF

    Expense ratio
    0.89% · 0.89%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.