BAPR vs UAUG
Innovator US Equity Buffer ETF - April vs Innovator US Equity Ultra Buffer ETF - August
Which is better, BAPR or UAUG?
BAPR has been ahead.
BAPR led over 1Y, 3Y, 5Y 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 | BAPR | UAUG |
|---|---|---|
| Expense Ratio | 0.79%Tie | 0.79%Tie |
| AUM | $418M | $248M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 18 | 24 |
| YTD Return | +14.20%Best | +8.01% |
| 1Y Return | +17.24%Best | +10.28% |
| 3Y Return (annualized) | +15.56%Best | +14.19% |
| 5Y Return (annualized) | +11.13%Best | +8.49% |
| Volatility (annualized) | 10.1% | 7.7%Best |
| Max Drawdown | -23.9% | -13.9%Best |
| $10,000 over 5 years | $16,949Best | $15,030 |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Mar 29, 2019 | Jul 31, 2019 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Aug 1, 2019 to Oct 14, 2026 (7.2 years).
BAPR vs UAUG 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 7.2 years both funds cover.
BAPR vs UAUG Performance
Innovator US Equity Buffer ETF - April (BAPR) is an ETF from Innovator ETFs Trust and Innovator US Equity Ultra Buffer ETF - August (UAUG) is an ETF from Innovator ETFs Trust. Over the past year BAPR returned +17.24% while UAUG returned +10.28%. Year to date, BAPR is up 14.20% versus a gain of 8.01% for UAUG.
Over three years, BAPR compounded at +15.56% per year against +14.19% for UAUG; over five years the annualized figures are +11.13% and +8.49% respectively. Across the full 7-year window we track, BAPR has the edge at +10.93% annualized vs +7.98%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BAPR has been the more volatile fund, with annualized monthly volatility of 10.1% compared with 7.7% for UAUG. 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 -23.9% for BAPR and -13.9% for UAUG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BAPR charges 0.79% per year while UAUG charges 0.79%. On a $10,000 position that is $79 vs $79 annually. On income, BAPR currently yields 0.00% against 0.00% for UAUG.
You are not choosing between two funds in isolation.
Whichever of BAPR and UAUG 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, BAPR or UAUG?
BAPR has an expense ratio of 0.79% while UAUG charges 0.79%. At the precision these are quoted to, they cost the same.
Which performed better, BAPR or UAUG?
Over the past year BAPR returned +17.24% vs +10.28% for UAUG, so BAPR leads on 1-year performance. Over the longest common window we track (7 years), BAPR annualized +10.93% vs +7.98% for UAUG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BAPR or UAUG?
BAPR has been the more volatile fund at 10.1% annualized versus 7.7% for UAUG. Worst drawdown: BAPR -23.9% vs UAUG -13.9%.
Should I hold both BAPR and UAUG?
BAPR and UAUG have a monthly-return correlation of 0.89, 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, BAPR or UAUG?
BAPR yields 0.00% while UAUG yields 0.00%, so UAUG currently pays the higher dividend yield.
Is UAUG better than BAPR?
BAPR led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.