BMAY vs LAPR
Innovator US Equity Buffer ETF - May vs Innovator Premium Income 15 Buffer ETF - April
Which is better, BMAY or LAPR?
BMAY has been ahead.
BMAY 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 | BMAY | LAPR |
|---|---|---|
| Expense Ratio | 0.79%Tie | 0.79%Tie |
| AUM | $239M | $11M |
| Dividend Yield | 0.00% | 5.48% |
| Holdings | 18 | 30 |
| YTD Return | +8.86%Best | +0.12% |
| 1Y Return | +11.65%Best | +0.04% |
| 3Y Return (annualized) | +15.64% | - |
| 5Y Return (annualized) | +8.89% | - |
| Volatility (annualized) | 5.2% | 1.6%Best |
| Max Drawdown | -12.8% | -3.8%Best |
| $10,000 over 2.5 years | $13,649Best | $10,809 |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Apr 30, 2020 | Apr 1, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Apr 1, 2024 to Oct 14, 2026 (2.5 years).
BMAY vs LAPR 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 2.5 years both funds cover.
BMAY vs LAPR Performance
Innovator US Equity Buffer ETF - May (BMAY) is an ETF from Innovator ETFs Trust and Innovator Premium Income 15 Buffer ETF - April (LAPR) is an ETF from Innovator ETFs Trust. Over the past year BMAY returned +11.65% while LAPR returned +0.04%. Year to date, BMAY is up 8.86% versus a gain of 0.12% for LAPR.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BMAY has been the more volatile fund, with annualized monthly volatility of 5.2% compared with 1.6% for LAPR. 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 -12.8% for BMAY and -3.8% for LAPR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BMAY charges 0.79% per year while LAPR charges 0.79%. On a $10,000 position that is $79 vs $79 annually. On income, BMAY currently yields 0.00% against 5.48% for LAPR.
You are not choosing between two funds in isolation.
Whichever of BMAY and LAPR 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, BMAY or LAPR?
BMAY has an expense ratio of 0.79% while LAPR charges 0.79%. At the precision these are quoted to, they cost the same.
Which performed better, BMAY or LAPR?
Over the past year BMAY returned +11.65% vs +0.04% for LAPR, so BMAY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BMAY or LAPR?
BMAY has been the more volatile fund at 5.2% annualized versus 1.6% for LAPR. Worst drawdown: BMAY -12.8% vs LAPR -3.8%.
Should I hold both BMAY and LAPR?
BMAY and LAPR have a monthly-return correlation of 0.68, 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, BMAY or LAPR?
BMAY yields 0.00% while LAPR yields 5.48%, so LAPR currently pays the higher dividend yield.
Is LAPR better than BMAY?
BMAY 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.