The fund invests at least 80% of its net assets in U.S. 0.79% expense ratio, $19M AUM, 2 holdings, inception 2023.
Innovator Premium Income 40 Barrier ETF - April (APRQ) ETF — Price, Holdings & Analysis
The fund invests at least 80% of its net assets in U.S. 0.79% expense ratio, $19M AUM, 2 holdings, inception 2023.
ETF Overview
The fund invests at least 80% of its net assets in U.S. Treasury bills (the “U.S. Treasuries”) and FLexible EXchange® Options (“FLEX Options”) that are based on the value of a broad-based U.S. equity index, such as the S&P 500® Price Return Index (the “U.S. Equity index”). FLEX options are exchange-traded option contracts with uniquely customizable terms. The fund is non-diversified.
The fund invests at least 80% of its net assets in U.S. Treasury bills (the “U.S. Treasuries”) and FLexible EXchange® Options (“FLEX Options”) that are based on the value of a broad-based U.S. Innovator Premium Income 40 Barrier ETF - April provides exposure to the equity market. The portfolio is concentrated with 2 holdings. Sector allocation is spread across 11 sectors, with Technology as the largest at 32.0%.
Risk Metrics
Innovator Premium Income 40 Barrier ETF - April holds only 2 positions, creating elevated concentration risk where poor performance from a few holdings can significantly impact returns. A beta of 0.00 indicates lower volatility relative to the broader market. The 0.79% expense ratio is above average and will reduce net returns over time. With $19M in assets, the fund may face liquidity constraints and wider bid-ask spreads.
<a href="/etf/eapr">Innovator Emerging Markets Power Buffer ETF (EAPR)</a> (Equity) — 0.89% expense ratio
Risk Metrics
Beta: 0.00
Questions & Answers
What is Innovator Premium Income 40 Barrier ETF - April (APRQ)?
The fund invests at least 80% of its net assets in U.S. Treasury bills (the “U.S. It holds 2 securities. With $19M in assets under management, it is a funds in its category.
What is the expense ratio for APRQ?
Innovator Premium Income 40 Barrier ETF - April has an expense ratio of 0.79%, which is considered higher than average for equity ETFs. This means for every $10,000 invested, annual fees would be approximately $79. Lower expense ratios generally lead to better long-term returns, all else being equal.
What sectors does APRQ invest in?
Innovator Premium Income 40 Barrier ETF - April allocates across 11 sectors. The largest sector exposures are Technology (32.0%), Financial Services (13.7%), Consumer Cyclical (11.6%). The sector allocation provides broad market exposure across multiple industries.
How long has APRQ been around?
Innovator Premium Income 40 Barrier ETF - April was launched in 2023, making it 3 years old. It is a relatively newer fund with a shorter track record. It is managed by Innovator.
Does APRQ pay dividends?
Yes, Innovator Premium Income 40 Barrier ETF - April currently offers a dividend yield of approximately 5.07%. This is a high-yield ETF relative to the broader market. Dividend distributions are typically paid quarterly, though the amount can vary.