KAPR ETF — Innovator Russell 2000 Power Buffer ETF - April

Innovator Russell 2000 Power Buffer ETF - April (KAPR)

Updated October 16, 2026.

KAPR is an ETF. its expense ratio is 0.79%. Total return is 75.5% over the past 6.5 years, 163.5 points behind SPY at 239.0%.

Innovator Russell 2000 Power Buffer ETF - April is an ETF that invests at least 80% of its net assets in flexible exchange-traded options contracts referencing the iShares Russell 2000 ETF, designed to provide buffer strategies around small-cap equities. The fund does not currently distribute income to shareholders and carries an expense ratio of 0.79%. This fund appeals to sophisticated options-oriented investors seeking structured strategies on small-cap equity exposure rather than traditional dividend income seekers.

KAPR performance versus SPY

Price and return data through 2026-10-16.

Total return is 75.5% over the past 6.5 years, 163.5 points behind SPY at 239.0%. Over the past year its total return — price change plus distributions reinvested — is 13.7%. Its deepest 1-year drawdown was 3.8%.

KAPR key facts

Issuer

Innovator ETFs

Asset type

ETF

Asset class

Equity

Inception date

03/31/2020

Expense ratio

0.79%

Distribution frequency

None

Last close

$38.90 (as of 2026-10-16)

AUM

$215,940,166

Average volume

13880.0

Beta

0.65

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Innovator ETFs; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

KAPR risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 3.8%.

Who may consider KAPR — and who may not

It is a weaker fit for investors who need monthly cash flow (KAPR does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on KAPR

• All tickers starting with K

Tagged: Downside Protection, Options, Target, Russell 2000, Small Caps.

Frequently asked questions

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