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ETFs

Innovator Growth-100 Power Buffer ETF - April

NAPR
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Apr 1, 2020
Expense Ratio
0.79%
Type
US Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$258,682
AUM
$141,142,500
Associated Index
Nasdaq 100 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

—
QQQ 03/28/2024 3.21 C
102.89%
—
QQQ 03/28/2024 320.93 P
2.24%
—
Cash & Other
0.2%
—
QQQ 03/28/2024 272.79 P
-0.73%
—
QQQ 03/28/2024 377.61 C
-4.6%
Invest with NAPR
Trade NAPR Options

What is NAPR?

The Innovator Nasdaq-100 Power Buffer ETF seeks to track the price return of the Nasdaq 100 Index, up to a predetermined cap, while buffering investors against the first 15% of losses over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually.

1M
3M
6M
YTD
1Y
3Y
Max
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NAPR
Performance Measures**

for the time period Apr 1, 2020 to Dec 4, 2025

Returns

1M Trailing Return: 0.8%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 2.3%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -16.5%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 11.0%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.95

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.62

The annualized return divided by the max drawdown for the selected time period.

ETFs related toNAPR

ETFs correlated to NAPR include BUFQ, NJUL, QSPT

NAPR
Innovator ETFs Trust - Innovator Growth-100 Power Buffer ETF - April
BUFQ
First Trust Exchange-Traded Fund VIII - FT Cboe Vest Fund of Nasdaq-100 Buffer ETF
NJUL
Innovator ETFs Trust - Innovator Growth-100 Power Buffer ETF - July
QSPT
First Trust Exchange-Traded Fund VIII - FT Cboe Vest Nasdaq-100 Buffer ETF - September
MGK
Vanguard Group, Inc. - Vanguard Mega Cap Growth ETF
VUG
Vanguard Group, Inc. - Vanguard Growth ETF
QLD
ProShares Trust - ProShares Ultra QQQ 2x Shares
QQQ
Invesco Capital Management LLC - Invesco QQQ Trust Series 1
TQQQ
ProShares Trust - ProShares UltraPro QQQ 3x Shares
QJUN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest Nasdaq-100 Buffer ETF - June
ONEQ
Fidelity Covington Trust - Fidelity Nasdaq Composite Index ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

NAPR is a US Equities ETF. The Innovator Nasdaq-100 Power Buffer ETF seeks to track the price return of the Nasdaq 100 Index, up to a predetermined cap, while buffering investors against the first 15% of losses over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually.

NAPR tracks the Nasdaq 100 Index.

No, NAPR is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, NAPR is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on NAPR is 0.0048%. This is the percent change in the value of NAPR over the most recent 1-month period. The 3-month return on NAPR is 0.0148%. This is the percent change in the value of NAPR over the most recent 3-month period.

The standard deviation of NAPR for the past year is 0.1329%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to NAPR include QCLR, NJAN, and QQQM.

ETFs correlated to NAPR include BUFQ, NJUL, and QSPT.

ETFs that are inversely correlated to NAPR include QID, SQQQ, and PSQ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.