DV
Dividend Vision

TAPR — Innovator Equity Defined Protection ETF - 2 Yr to April 2027

Innovator Equity Defined Protection ETF - 2 Yr to April 2027 (TAPR)

TAPR pays a 0.00% distribution rate, on a 0.79% expense ratio. Total return is 9.8% over the past 1.4 years, 30.5 points behind SPY at 40.3%. Its deepest 1-year drawdown was 1.7%.

TAPR is an equity ETF that employs a defined protection strategy with a two-year outcome period ending in April 2027, designed to provide downside protection while maintaining equity exposure. The fund carries a 0.79% expense ratio and currently offers no distribution yield, reflecting its focus on capital preservation rather than income generation. This ETF appeals to investors seeking equity market participation with built-in risk management features, particularly those with a defined time horizon aligned with the April 2027 outcome date.

TAPR key facts

Issuer
Innovator ETFs
Asset type
ETF
Asset class
Equity
Inception date
03/31/2025
Expense ratio
0.79%
Distribution rate
0.00%
Last close
$26.69
AUM
$10,676,894
Average volume
7.0
Beta
0.1515
P/E ratio
25.3711