Innovator Equity Defined Protection ETF - 2… (TAPR) Performance
TAPR total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +4.0% since Dec 31, 2025
- 1 year
- +4.8% total return
- Since first price
- +10.7% since 2025
TAPR trailing returns vs SPY, QQQ, AGG
| Period | TAPR total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.3% | +0.3% | −1.0% | −5.0% | +0.9% |
| 3 months | +1.7% | +1.7% | +3.2% | +1.9% | −0.4% |
| 6 months | +2.8% | +2.8% | +7.8% | +8.4% | −1.5% |
| YTD | +4.0% | +4.0% | +12.3% | +15.1% | −1.0% |
| 1 year | +4.8% | +4.8% | +14.4% | +15.9% | −1.1% |
| Since inceptionApr 1, 2025 | +10.7% | +10.7% | — | — | — |
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: TAPR vs SPY
From Apr 1, 2025: TAPR grew to $11,069, SPY to $13,772.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TAPR returns by calendar year
2026 is year to date.
TAPR annual returns table
| Year | TAPR | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +4.0% | −1.7% | +12.3% | +15.1% | −1.0% |
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.
TAPR risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +6.9% |
| Volatility (annualized) | 2.3% |
| Sharpe ratio | 1.26 |
| Sortino ratio | 2.47 |
| Best month | +2.1% |
| Worst month | −1.1% |
| Best 12 months | +7.4% |
| Worst 12 months | +4.8% |
| Positive months | 94% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
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.
TAPR rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 7 | +4.8% | +5.4% | +7.4% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
TAPR performance overview
Innovator Equity Defined Protection ETF - 2… (TAPR) returned +4.8% over the past year, with distributions reinvested. Since its first recorded price on Apr 1, 2025 it has returned +10.7%. Over the same year S&P 500 (SPY) returned +14.4%.
Related: TAPR chart. See the TAPR overview for the latest quote and fund facts.
TAPR performance FAQ
What is the TAPR return over the past year?
TAPR returned +4.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 4.8%.
How much would $10,000 invested in TAPR be worth?
$10,000 invested in TAPR at its first recorded close on April 1, 2025 would be worth about $11,069 on October 23, 2026 with distributions reinvested.
How volatile is TAPR?
Over the past history TAPR had an annualized volatility of 2.3% and a Sharpe ratio of 1.26 (excess return over 1–3 month T-bills per unit of risk).