Innovator Russell 2000 Power Buffer ETF - April (KAPR) Performance
KAPR total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +12.0% since Dec 31, 2025
- 1 year
- +14.1% total return
- 5 years
- +7.2% a year
- Since first price
- +9.1% a year since 2020
KAPR trailing returns vs SPY, QQQ, AGG
| Period | KAPR total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.8% | −0.8% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.6% | −0.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +3.0% | +3.0% | +7.8% | +8.4% | −1.5% |
| YTD | +12.0% | +12.0% | +12.3% | +15.1% | −1.0% |
| 1 year | +14.1% | +14.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +52.6%+15.1%/yr | +52.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +41.7%+7.2%/yr | +41.7% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionApr 1, 2020 | +77.4%+9.1%/yr | +77.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: KAPR vs SPY
From Apr 1, 2020: KAPR grew to $17,742, SPY to $33,757.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
KAPR returns by calendar year
4 of 5 full years positive. Best 2023 (+15.4%), worst 2022 (−8.1%). 2026 is year to date.
KAPR annual returns table
| Year | KAPR | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +12.0% | −3.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +7.4% | −15.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +12.1% | −5.8% | +24.9% | +25.6% | +1.3% |
| 2023 | +15.4% | −9.7% | +26.2% | +54.9% | +5.7% |
| 2022 | −8.1% | −14.8% | −18.2% | −32.6% | −13.0% |
| 2021 | +2.5% | −5.5% | +28.7% | +27.4% | −1.8% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
KAPR largest drawdowns
Now 2.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 8, 2021 | −16.9% | Jun 16, 2022 | Dec 14, 2023 | 7 months | 2.1 years |
| Nov 25, 2024 | −16.8% | Apr 8, 2025 | Sep 22, 2025 | 4 months | 10 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
KAPR risk statistics
| Statistic | 3 years | 5 years | Since 2020 |
|---|---|---|---|
| Annualized return | +13.8% | +7.7% | +7.8% |
| Volatility (annualized) | 10.6% | 11.2% | 10.0% |
| Sharpe ratio | 0.87 | 0.40 | 0.52 |
| Sortino ratio | 1.51 | 0.62 | 0.82 |
| Best month | +8.0% | +8.0% | +8.0% |
| Worst month | −4.5% | −5.7% | −5.7% |
| Best 12 months | +26.8% | +26.8% | +26.8% |
| Worst 12 months | −1.0% | −11.8% | −12.8% |
| Positive months | 67% | 62% | 65% |
| Beta vs S&P 500 | 0.64 | 0.60 | — |
| Correlation with S&P 500 | 0.75 | 0.84 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
KAPR rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 67 | −12.8% | +6.8% | +26.8% | 78% |
| 3-year (a year) | 43 | −0.3% | +6.4% | +15.2% | 98% |
| 5-year (a year) | 19 | +4.6% | +5.8% | +7.8% | 100% |
Every holding period starting at a month-end since 2020. Returns for 3 years and longer are annualized.
KAPR performance overview
Innovator Russell 2000 Power Buffer ETF - April (KAPR) returned +14.1% over the past year and +7.2% a year over five years, with distributions reinvested. Since its first recorded price in 2020 it has returned +9.1% a year, turning $10,000 into about $17,742. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −16.9%, from Nov 8, 2021 to Jun 16, 2022, and it took 1.5 years to get back to the old high. KAPR finished 4 of its 5 full calendar years with a gain; the best year was 2023 (+15.4%) and the worst 2022 (−8.1%). Volatility has been 10.0% a year.
Related: KAPR chart. See the KAPR overview for the latest quote and fund facts.
KAPR performance FAQ
What is the KAPR return over the past year?
KAPR returned +14.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 14.1%.
What is the average annual return of KAPR?
KAPR has returned +7.2% a year over 5 years, +9.1% a year since April 1, 2020 (total return, distributions reinvested).
How much would $10,000 invested in KAPR be worth?
$10,000 invested in KAPR at its first recorded close on April 1, 2020 would be worth about $17,742 on October 23, 2026 with distributions reinvested.
What was the worst year for KAPR?
The worst calendar year was 2022, with a total return of −8.1%. The best was 2023 at +15.4%.
What is the biggest drawdown of KAPR?
The largest peak-to-trough decline was −16.9% between November 8, 2021 and June 16, 2022. It recovered to the old high on December 14, 2023, 1.5 years after the bottom.
How volatile is KAPR?
Over the past 3 years KAPR had an annualized volatility of 10.6% and a Sharpe ratio of 0.87 (excess return over 1–3 month T-bills per unit of risk).