EAPR ETF — Holdings & Analysis

With approximately $0.07 billion in assets under management and an expense ratio of 0.89%, EAPR resets annually, offering a defined outcome strategy. The fund's investment approach focuses on providing downside protection with a capped upside, making it a distinctive option within the equity ETF landscape.

Innovator Emerging Markets Power Buffer ETF (EAPR) ETF — Price, Holdings & Analysis

The Innovator Emerging Markets Power Buffer ETF (EAPR) offers a unique approach to emerging market equity exposure, seeking to track the iShares MSCI EM ETF (EEM) while providing a buffer against the first 15% of losses. With approximately $0.07 billion in assets under management and an expense ratio of 0.89%, EAPR resets annually, offering a defined outcome strategy. The fund's investment approach focuses on providing downside protection with a capped upside, making it a distinctive option within the equity ETF landscape.

ETF Overview

The Innovator Emerging Markets Power Buffer ETF seeks to track the return of the iShares MSCI EM ETF (EEM), 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.

EAPR aims to replicate the returns of the iShares MSCI EM ETF (EEM) up to a predetermined cap, while buffering investors against the initial 15% of losses over a defined outcome period. This strategy resets annually, allowing investors to maintain exposure while periodically resetting the buffer and cap. The ETF achieves this through a portfolio of six holdings designed to track the underlying index. EAPR's sector allocation is heavily weighted towards Technology at 32.9%, followed by Financial Services at 20.8%. Other significant sectors include Consumer Cyclical (10.6%), Communication Services (7.7%), and Basic Materials (7.4%). This ETF is designed for investors seeking emerging market exposure with a degree of downside protection, differentiating it from traditional market-cap-weighted emerging market ETFs. The fund's country exposure is entirely allocated to 'Other' which represents the aggregated emerging market countries within the EEM ETF.

Risk Metrics

EAPR's risk profile is shaped by its defined outcome strategy and sector concentrations. The 0.89% expense ratio can create a drag on returns, especially in periods of low market volatility. The fund's concentration in the Technology sector (32.9%) exposes it to sector-specific risks. A beta of 0.35 (3Y) suggests that EAPR is significantly less volatile than the broader market, which is expected given its buffer strategy. Investors should be aware that the buffer only protects against the first 15% of losses, and losses beyond that will be borne by the investor. The capped upside also limits potential gains in strongly performing markets. Past performance does not guarantee future results.

Expense Ratio

0.89%

How Is the Fund Allocated?

Sector	Weight
Technology	32.9%
Financial Services	20.8%
Consumer Cyclical	10.6%
Communication Services	7.7%
Basic Materials	7.4%
Industrials	7.2%
Energy	3.8%
Consumer Defensive	3.2%
Healthcare	3.1%
Utilities	2.0%
Real Estate	1.3%

Country	Weight
Other	100.0%

Dividend Yield

0.00%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio

Innovator U.S. Equity Accelerated 9 Buffer ETF (XBAP) (Equity) — 0.79% expense ratio
Innovator Equity Dual Directional 10 Buffer ETF (DDTN) (Equity) — 0.79% expense ratio
Innovator Equity Dual Directional 15 Buffer ETF (DDFN) (Equity) — 0.79% expense ratio
Innovator Equity Dual Directional 10 Buffer ETF (DDTJ) (Equity) — 0.79% expense ratio
Innovator U.S. Equity Accelerated Plus ETF (XTJL) (Equity) — 0.79% expense ratio
Innovator U.S. Equity Power Buffer ETF (PJAN) (Equity) — 0.79% expense ratio

Risk Metrics

Beta: 0.35

Questions & Answers

What is EAPR and what does it track?

The Innovator Emerging Markets Power Buffer ETF (EAPR) is an equity ETF designed to provide exposure to emerging markets while offering a buffer against potential losses.

It seeks to track the performance of the iShares MSCI EM ETF (EEM), but with a twist. EAPR aims to buffer investors against the first 15% of losses over a one-year outcome period.

What is the expense ratio for EAPR?

The expense ratio for EAPR is 0.89%. This means that for every $10,000 invested, $89 is deducted annually to cover the fund's operating expenses.

When compared to the average expense ratio for equity ETFs, which is approximately 0.44%, EAPR's expense ratio is notably higher.

What are the top holdings in EAPR?

As a fund that tracks the iShares MSCI EM ETF (EEM), EAPR does not directly hold individual stocks in the same way as a traditional equity ETF. Instead, it uses a basket of six holdings to achieve its investment objective.

The fund's strategy is designed to replicate the returns of EEM while providing a buffer against losses.

Is EAPR a good long-term investment?

EAPR's suitability as a long-term investment depends on an investor's individual risk tolerance and investment goals.

The ETF's defined outcome strategy, which buffers against the first 15% of losses, may appeal to risk-averse investors seeking to mitigate downside risk in emerging markets. However, the capped upside also limits potential gains in strongly performing markets.

How does EAPR compare to similar ETFs?

EAPR differentiates itself from traditional emerging market ETFs through its defined outcome strategy, offering a buffer against the first 15% of losses.

While many emerging market ETFs aim to replicate the returns of a broad market index, EAPR seeks to provide downside protection with a capped upside.

Does EAPR pay dividends?

According to the provided data, EAPR has a dividend yield of 0.00%. This indicates that the fund does not currently distribute dividends to its shareholders.

Investors seeking income from their investments may want to consider other emerging market ETFs that offer a dividend yield. However, EAPR's primary focus is on providing downside protection rather than generating income.