APRQ vs PMMR
Innovator Premium Income 40 Barrier ETF - April vs PGIM S&P 500 Max Buffer ETF - March
Which is better, APRQ or PMMR?
PMMR has been ahead.
PMMR has a lower expense ratio. PMMR 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 | PMMR |
|---|---|---|
| Expense Ratio | 0.79% | 0.50%Best |
| AUM | $18M | $6M |
| 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 | Feb 28, 2025 |
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 PMMR through Oct 14, 2026.
Fees and Cost Over Time
APRQ charges 0.79% per year while PMMR 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 PMMR.
You are not choosing between two funds in isolation.
Whichever of APRQ and PMMR 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 PMMR?
APRQ has an expense ratio of 0.79% while PMMR charges 0.50%. PMMR is the cheaper option, by $29 a year on a $10,000 investment.
Which pays a higher dividend, APRQ or PMMR?
APRQ yields 5.07% while PMMR yields 0.00%, so APRQ currently pays the higher dividend yield.
Is PMMR better than APRQ?
PMMR has a lower expense ratio. PMMR led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.