Skip to Content
ETFs

Innovator U.S. Small Cap Power Buffer ETF - April

KAPR
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 01 2020
Expense Ratio
0.79%
Type
US Equities
Fund Owner
Innovator Management
Volume (1m avg. daily)
$196,367
AUM
$164,266,500
Associated Index
Russell 2000 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
IWM 03/28/2024 1.78 C
96.64%
n/a
IWM 03/28/2024 178.4 P
5.04%
n/a
Cash & Other
0.18%
n/a
IWM 03/28/2024 210.89 C
-0.46%
n/a
IWM 03/28/2024 151.64 P
-1.40%
Invest with KAPR

What is KAPR?

The Innovator Russell 2000 Power Buffer ETF seeks to track the price return of the Russell 2000, up to a predetermined cap, while buffering investors against the first 15% of losses over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually.

ETFs related toKAPR

ETFs correlated to KAPR include IWM, VTWO, URTY

KAPR
Innovator ETFs Trust - Innovator U.S. Small Cap Power Buffer ETF - April
IWM
BlackRock Institutional Trust Company N.A. - iShares Russell 2000 ETF
VTWO
Vanguard Group, Inc. - Vanguard Russell 2000 Index ETF
URTY
ProShares Trust - ProShares UltraPro Russell2000 3x Shares
TNA
Direxion Shares ETF Trust - Direxion Dialy Small Cap Bull 3X Shares
UWM
ProShares Trust - ProShares Ultra Russell 2000 2X Shares
SCHA
Schwab Strategic Trust - Schwab U.S. Small-Cap ETF
PRFZ
Invesco Capital Management LLC - Invesco FTSE RAFI US 1500 Small-Mid ETF
ESML
BlackRock Institutional Trust Company N.A. - iShares ESG Aware MSCI USA Small-Cap ETF
BBSC
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Small Cap Equity ETF
NUSC
Nuveen Fund Advisors LLC - Nuveen ESG Small-Cap ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

KAPR is a US Equities ETF. The Innovator Russell 2000 Power Buffer ETF seeks to track the price return of the Russell 2000, up to a predetermined cap, while buffering investors against the first 15% of losses over the outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period, approximately annually.

KAPR tracks the Russell 2000 Index.

No, KAPR is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, KAPR is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on KAPR is -0.0189%. This is the percent change in the value of KAPR over the most recent 1-month period. The 3-month return on KAPR is -0.0096%. This is the percent change in the value of KAPR over the most recent 3-month period.

The standard deviation of KAPR for the past year is 0.1131%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to KAPR include KJUL, KOCT, and KJAN.

ETFs correlated to KAPR include IWM, VTWO, and URTY.

ETFs that are inversely correlated to KAPR include RWM, TZA, and SRTY.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.