Innovator Nasdaq-100 Power Buffer ETF - April (NAPR) Performance
NAPR total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +12.5% since Dec 31, 2025
- 1 year
- +14.1% total return
- 5 years
- +9.6% a year
- Since first price
- +10.9% a year since 2020
NAPR trailing returns vs SPY, QQQ, AGG
| Period | NAPR total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.7% | −0.7% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.9% | +2.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +5.0% | +5.0% | +7.8% | +8.4% | −1.5% |
| YTD | +12.5% | +12.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +14.1% | +14.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +44.6%+13.1%/yr | +44.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +58.2%+9.6%/yr | +58.2% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionApr 1, 2020 | +97.1%+10.9%/yr | +97.1% | — | — | — |
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: NAPR vs SPY
From Apr 1, 2020: NAPR grew to $19,706, SPY to $33,757.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
NAPR returns by calendar year
4 of 5 full years positive. Best 2023 (+30.6%), worst 2022 (−12.1%). 2026 is year to date.
NAPR annual returns table
| Year | NAPR | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +12.5% | −2.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +6.6% | −14.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +13.3% | −6.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +30.6% | −3.4% | +26.2% | +54.9% | +5.7% |
| 2022 | −12.1% | −16.5% | −18.2% | −32.6% | −13.0% |
| 2021 | +9.1% | −3.0% | +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.
NAPR largest drawdowns
Now 1.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Apr 4, 2022 | −16.5% | Oct 14, 2022 | May 15, 2023 | 6 months | 1.1 years |
| Feb 19, 2025 | −14.5% | Apr 8, 2025 | Aug 12, 2025 | 48 days | 6 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
NAPR risk statistics
| Statistic | 3 years | 5 years | Since 2020 |
|---|---|---|---|
| Annualized return | +13.3% | +10.1% | +10.0% |
| Volatility (annualized) | 7.1% | 10.3% | 9.2% |
| Sharpe ratio | 1.19 | 0.64 | 0.79 |
| Sortino ratio | 2.00 | 0.98 | 1.21 |
| Best month | +6.2% | +7.8% | +7.8% |
| Worst month | −6.3% | −7.8% | −7.8% |
| Best 12 months | +21.1% | +30.6% | +30.6% |
| Worst 12 months | +4.8% | −12.1% | −12.1% |
| Positive months | 81% | 73% | 77% |
| Beta vs S&P 500 | 0.49 | 0.57 | — |
| Correlation with S&P 500 | 0.85 | 0.87 | — |
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.
NAPR rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 67 | −12.1% | +9.2% | +30.6% | 82% |
| 3-year (a year) | 43 | +5.8% | +9.3% | +16.4% | 100% |
| 5-year (a year) | 19 | +7.7% | +8.8% | +10.2% | 100% |
Every holding period starting at a month-end since 2020. Returns for 3 years and longer are annualized.
NAPR performance overview
Innovator Nasdaq-100 Power Buffer ETF - April (NAPR) returned +14.1% over the past year and +9.6% a year over five years, with distributions reinvested. Since its first recorded price in 2020 it has returned +10.9% a year, turning $10,000 into about $19,706. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −16.5%, from Apr 4, 2022 to Oct 14, 2022, and it took 7 months to get back to the old high. NAPR finished 4 of its 5 full calendar years with a gain; the best year was 2023 (+30.6%) and the worst 2022 (−12.1%). Volatility has been 9.2% a year.
Related: NAPR chart. See the NAPR overview for the latest quote and fund facts.
NAPR performance FAQ
What is the NAPR return over the past year?
NAPR 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 NAPR?
NAPR has returned +9.6% a year over 5 years, +10.9% a year since April 1, 2020 (total return, distributions reinvested).
How much would $10,000 invested in NAPR be worth?
$10,000 invested in NAPR at its first recorded close on April 1, 2020 would be worth about $19,706 on October 23, 2026 with distributions reinvested.
What was the worst year for NAPR?
The worst calendar year was 2022, with a total return of −12.1%. The best was 2023 at +30.6%.
What is the biggest drawdown of NAPR?
The largest peak-to-trough decline was −16.5% between April 4, 2022 and October 14, 2022. It recovered to the old high on May 15, 2023, 7 months after the bottom.
How volatile is NAPR?
Over the past 3 years NAPR had an annualized volatility of 7.1% and a Sharpe ratio of 1.19 (excess return over 1–3 month T-bills per unit of risk).