TAPR Innovator Equity Defined Protection ETF
Quote as of Aug 25, 2026 13:57 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 26.73 | Day Range | 26.71 – 26.75 |
| 52-Week Range | 25.38 – 26.75 | Volume | 9 |
| Avg Volume | 1.34K | AUM | $10.7M (Aug 26, 2026) |
| Expense Ratio | 0.79% | Yield (TTM) | — |
| NAV | 26.75 | Premium/Discount | 0.00% indicative |
| Inception | Apr 01, 2025 | Holdings | 5 |
| Issuer | Innovator | Exchange | CBOE |
| Category | International | Index Tracked | S&P 500 |
| CUSIP | 45784N734 | ISIN | US45784N7342 |
| Management | Not stated in source data | ||
About this ETF
The Innovator Equity Defined Protection ETF (TAPR) is structured to mirror the investment returns of the SPDR S&P 500 ETF Trust (SPY). Over a predetermined two-year investment window, this fund aims to safeguard investors by offering full protection against any market downturns, absorbing 100% of potential losses. However, this downside security comes with a corresponding ceiling on gains, meaning its maximum returns are capped. It's important to note that these performance characteristics are stated before any fund-related fees and expenses are deducted.
Description from the fund data provider · profile as of Aug 26, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +0.83% | +1.29% | +2.81% | +3.28% | +5.32% | — | — | — | +9.95% |
| Total return | +0.83% | +1.29% | +2.81% | +3.28% | +5.32% | — | — | — | +9.95% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.79% | Annual cost of a $10,000 investment | $79.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Aug 22, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 5 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | 4SPY US 03/31/27 C10.07 FLX | — | 122.15% | 174 | $13.1M |
| 2 | 4SPY US 03/31/27 P559.39 FLX | — | 0.77% | 174 | $82.0K |
| 3 | US BANK MMDA - USBGFS 9 09/01/2037 | — | 0.32% | 34.41K | $34.4K |
| 4 | Cash & Other | — | -0.05% | -5.17K | -$5.2K |
| 5 | 4SPY US 03/31/27 C645.09 FLX | — | -23.19% | -174 | -$2.5M |
Click a ticker to see every ETF that owns it.
Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | — | Paid (last 12 months) | — |
| Frequency | — | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | — | Last payment | — |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
No distributions in our database for this fund — it may not pay them, or history has not loaded yet.
Risk Statistics
| Volatility 1Y / 3Y | 2.16% / — | Sharpe 1Y / 3Y | 0.76 / — |
| Max drawdown 1Y / 3Y | -1.73% / — | Sortino 1Y | 1.19 |
| Beta vs S&P 500 (3Y) | 0.183 | Correlation vs S&P 500 (1Y) | 0.836 |
| Downside deviation 1Y | 1.38% | Risk-free rate used | 3.72% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Aug 26, 2026. Formulas →
Liquidity
| Volume today | 9 | Average volume | 1.34K |
| AUM | $10.7M | Premium/Discount | 0.00% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | -$1.2K | -0.01% | $10.7M → $10.7M |
| 1 Week | -$1.9K | -0.02% | $10.7M → $10.7M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for TAPR
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.