Innovator U.S. Small Cap Power Buffer ETF

Frequently Asked Questions About KAPR

What does KAPR invest in?

The Innovator U.S. Small Cap Power Buffer ETF (KAPR) aims to provide investors with returns that mirror those of the iShares Russell 2000 ETF (IWM), though with an established maximum cap on potential gains. A key feature of this fund is its downside protection, which safeguards investors from the first 15% of any losses incurred within a defined outcome period, prior to the assessment of fees and expenses. While these protective and return parameters reset annually, the ETF is designed for long-term holding.

What is the expense ratio of KAPR?

Innovator U.S. Small Cap Power Buffer ETF (KAPR) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations.

How big is KAPR?

Innovator U.S. Small Cap Power Buffer ETF (KAPR) manages $214.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is KAPR actively managed or an index fund?

KAPR's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was KAPR launched?

Innovator U.S. Small Cap Power Buffer ETF (KAPR) launched in April 2020 and is managed by Innovator.

How has KAPR performed?

KAPR's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.