AJAN vs BAPR
Innovator Equity Defined Protection ETF - 2 Yr to January 2028 vs Innovator US Equity Buffer ETF - April
Which is better, AJAN or BAPR?
BAPR has been ahead.
BAPR led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AJAN | BAPR |
|---|---|---|
| Expense Ratio | 0.79%Tie | 0.79%Tie |
| AUM | $42M | $418M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 15 | 18 |
| YTD Return | +2.93% | +14.20%Best |
| 1Y Return | +4.37% | +17.24%Best |
| 3Y Return (annualized) | - | +15.56% |
| 5Y Return (annualized) | - | +11.13% |
| Volatility (annualized) | 2.7%Best | 7.2% |
| Max Drawdown | -4.1%Best | -15.6% |
| $10,000 over 2.8 years | $11,800 | $14,461Best |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Jan 2, 2024 | Mar 29, 2019 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Jan 2, 2024 to Oct 14, 2026 (2.8 years).
AJAN vs BAPR growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.8 years both funds cover.
AJAN vs BAPR Performance
Innovator Equity Defined Protection ETF - 2 Yr to January 2028 (AJAN) is an ETF from Innovator ETFs Trust and Innovator US Equity Buffer ETF - April (BAPR) is an ETF from Innovator ETFs Trust. Over the past year AJAN returned +4.37% while BAPR returned +17.24%. Year to date, AJAN is up 2.93% versus a gain of 14.20% for BAPR.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BAPR has been the more volatile fund, with annualized monthly volatility of 7.2% compared with 2.7% for AJAN. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -4.1% for AJAN and -15.6% for BAPR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AJAN charges 0.79% per year while BAPR charges 0.79%. On a $10,000 position that is $79 vs $79 annually. On income, AJAN currently yields 0.00% against 0.00% for BAPR.
You are not choosing between two funds in isolation.
Whichever of AJAN and BAPR you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AJAN or BAPR?
AJAN has an expense ratio of 0.79% while BAPR charges 0.79%. At the precision these are quoted to, they cost the same.
Which performed better, AJAN or BAPR?
Over the past year AJAN returned +4.37% vs +17.24% for BAPR, so BAPR leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AJAN or BAPR?
BAPR has been the more volatile fund at 7.2% annualized versus 2.7% for AJAN. Worst drawdown: AJAN -4.1% vs BAPR -15.6%.
Should I hold both AJAN and BAPR?
AJAN and BAPR have a monthly-return correlation of 0.81, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, AJAN or BAPR?
AJAN yields 0.00% while BAPR yields 0.00%, so BAPR currently pays the higher dividend yield.
Is BAPR better than AJAN?
BAPR led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.