ZAPR
Innovator Equity Defined Protection ETF – 1 Yr April·CBOE
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Key Stats
Assets Under Management
36.88MUSD
Fund Flows (1Y)
-4.48MUSD
Dividend Yield
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Discount/Premium to NAV
0.06%
Shares Outstanding
1.40M
Expense Ratio
0.79%
About Innovator Equity Defined Protection ETF – 1 Yr April
Issuer
Innovator
Brand
Innovator
Inception Date
Mar 31, 2025
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Innovator Capital Management LLC
Distributor
Foreside Fund Services LLC
ZAPR invests all its assets in FLEX options. The option positions are structured in a way that aims to provide long exposure to US large-cap stocks, up to a cap, while fully hedging downside risk over one year. The upside cap and hedge are reset annually, at the beginning of April. Shareholders should note that they will not receive dividends since the objective focuses on potential growth. The specific defined outcome pursued may only be possible if an investor would hold the shares for the entire outcome period. However, there is no guarantee that the defined outcome strategy pursued will be realized by investors. When factoring risks, potential rewards, and the all-in costs for such a strategy, ZAPR is considered an alternative to more expensive fixed indexed annuities, market-linked CDs, holding near-term Treasury, or cash.
Classification
Asset Class
Equity
Category
Size and Style
Focus
Large Cap
Niche
Broad-based
Strategy
Options Collar
Geography
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Weighting Scheme
Fixed
Selection Criteria
Fixed
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +0.39% | +1.19% | +0.29% | +5.64% | +5.64% | +5.64% |
NAV Total Return | +0.35% | +1.31% | +0.31% | +0.01% | +0.01% | +0.01% |
Ratings
No data is currently available
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Holdings Analysis
Sector
Technology
34.41%
Financial Services
12.82%
Communication Services
10.82%
Consumer Cyclical
10.69%
Healthcare
9.58%
Industrials
7.93%
Consumer Defensive
4.91%
Energy
2.96%
Utilities
2.27%
Technology
34.41%
Financial Services
12.82%
Communication Services
10.82%
Consumer Cyclical
10.69%
Healthcare
9.58%
Industrials
7.93%
Consumer Defensive
4.91%
Energy
2.96%
Utilities
2.27%
Show more
Asset
Region
99.51%
0.37%
0.12%
Category
Ratio
North America
99.51%
Europe
0.37%
Asia
0.12%
Investment Style
No data is currently available
Top 10 Holdings
No data is currently available
Is SPY better than ZAPR?
Dividends
No data is currently available
How Much Does ZAPR Pay in Dividends?
Premium/Discount Chart
Assets Under Management
Should I buy ZAPR?
Fund Flows
