LAPR vs PFEB
Innovator Premium Income 15 Buffer ETF - April vs Innovator US Equity Power Buffer ETF - February
Which is better, LAPR or PFEB?
PFEB has been ahead.
PFEB 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 | LAPR | PFEB |
|---|---|---|
| Expense Ratio | 0.79%Tie | 0.79%Tie |
| AUM | $11M | $896M |
| Dividend Yield | 5.48% | 0.00% |
| Holdings | 30 | 18 |
| YTD Return | +0.12% | +8.65%Best |
| 1Y Return | +0.04% | +12.00%Best |
| 3Y Return (annualized) | - | +12.79% |
| 5Y Return (annualized) | - | +8.98% |
| Volatility (annualized) | 1.6%Best | 5.4% |
| Max Drawdown | -3.8%Best | -10.6% |
| $10,000 over 2.5 years | $10,809 | $12,943Best |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Apr 1, 2024 | Jan 31, 2020 |
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).
LAPR vs PFEB 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.
LAPR vs PFEB Performance
Innovator Premium Income 15 Buffer ETF - April (LAPR) is an ETF from Innovator ETFs Trust and Innovator US Equity Power Buffer ETF - February (PFEB) is an ETF from Innovator ETFs Trust. Over the past year LAPR returned +0.04% while PFEB returned +12.00%. Year to date, LAPR is up 0.12% versus a gain of 8.65% for PFEB.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PFEB has been the more volatile fund, with annualized monthly volatility of 5.4% 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 -3.8% for LAPR and -10.6% for PFEB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
LAPR charges 0.79% per year while PFEB charges 0.79%. On a $10,000 position that is $79 vs $79 annually. On income, LAPR currently yields 5.48% against 0.00% for PFEB.
You are not choosing between two funds in isolation.
Whichever of LAPR and PFEB 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, LAPR or PFEB?
LAPR has an expense ratio of 0.79% while PFEB charges 0.79%. At the precision these are quoted to, they cost the same.
Which performed better, LAPR or PFEB?
Over the past year LAPR returned +0.04% vs +12.00% for PFEB, so PFEB leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LAPR or PFEB?
PFEB has been the more volatile fund at 5.4% annualized versus 1.6% for LAPR. Worst drawdown: LAPR -3.8% vs PFEB -10.6%.
Should I hold both LAPR and PFEB?
LAPR and PFEB have a monthly-return correlation of 0.63, 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, LAPR or PFEB?
LAPR yields 5.48% while PFEB yields 0.00%, so LAPR currently pays the higher dividend yield.
Is PFEB better than LAPR?
PFEB 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.