APRQ vs PBNV
Innovator Premium Income 40 Barrier ETF - April vs PGIM S&P 500 Buffer 20 ETF - November
Which is better, APRQ or PBNV?
PBNV has been ahead.
PBNV has a lower expense ratio. PBNV led over 1Y.
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 | APRQ | PBNV |
|---|---|---|
| Expense Ratio | 0.79% | 0.50%Best |
| AUM | $18M | $37M |
| Dividend Yield | 5.07% | 0.00% |
| Holdings | 5 | 14 |
| Fund Family | Innovator ETFs Trust | PGIM Investments |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Apr 3, 2023 | May 22, 2024 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
The two price series end 561 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. APRQ has data through Apr 1, 2025 and PBNV through Oct 14, 2026.
Fees and Cost Over Time
APRQ charges 0.79% per year while PBNV charges 0.50%. On a $10,000 position that is $79 vs $50 annually, a gap of $29 per year that compounds over a long holding period. On income, APRQ currently yields 5.07% against 0.00% for PBNV.
You are not choosing between two funds in isolation.
Whichever of APRQ and PBNV 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, APRQ or PBNV?
APRQ has an expense ratio of 0.79% while PBNV charges 0.50%. PBNV is the cheaper option, by $29 a year on a $10,000 investment.
Which pays a higher dividend, APRQ or PBNV?
APRQ yields 5.07% while PBNV yields 0.00%, so APRQ currently pays the higher dividend yield.
Is PBNV better than APRQ?
PBNV has a lower expense ratio. PBNV led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.