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Dividend Vision

ZAPR — Innovator ETFs Trust Innovator

Innovator ETFs Trust Innovator (ZAPR)

ZAPR pays a 0.00% distribution rate, on a 0.79% expense ratio. Total return is 9.9% over the past 1.4 years, 30.4 points behind SPY at 40.3%. Its deepest 1-year drawdown was 0.4%.

This ETF invests at least 80% of its assets in FLEX Options (customizable exchange-traded option contracts) that reference the State Street SPDR S&P 500 ETF Trust, offering exposure to S&P 500 equities through derivatives rather than direct stock ownership. The fund does not currently distribute income, and carries an expense ratio of 0.79%. It may appeal to sophisticated options traders and those seeking equity exposure through alternative derivative structures rather than traditional buy-and-hold investors.

ZAPR 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
$26.91
AUM
$64,387,319
Average volume
408.0
Beta
0.0766
P/E ratio
25.711