AAPRvsOVLHETF Comparison
ETF 1
AAPR
Innovator Equity Defined Protection ETF - 2 Yr to April 2028
This fund is part of
Options Strategies
-0.63%
VS
Innovator Equity Defined Protection ETF - 2 Yr to April 2028 (AAPR) and Overlay Shares Hedged Large Cap Equity ETF (OVLH) belong to the same industry segment: Options Strategies. Both ETFs have the same top 3 sector exposures: Technology, Finance and Consumer Non-Cyclicals. AAPR is less expensive with a Total Expense Ratio (TER) of 0.79%, versus 0.8% for OVLH. AAPR is up 4.17% year-to-date (YTD) with +$13M in YTD flows. OVLH performs better with 5.69% YTD performance, and +$7M in YTD flows. Run a side-by-side ETF comparison of AAPR and OVLH below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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AAPR vs OVLH performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 07/17/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | AAPR OVLH | +0.75%+0.02% | +0.86%+3.06% | +4.17%+5.69% | +8.08%+11.90% | n/a+49.64% | n/a+54.18% |
| Flows | AAPR OVLH | -+$414K | +$20M+$11M | +$13M+$7M | +$8M+$33M | --$10M | -+$73M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | AAPR OVLH | +3.15%+9.91% | +2.52%+8.63% | n/a+9.50% | n/a+11.32% |
| Max drawdown | AAPR OVLH | -0.90%-3.52% | -0.90%-6.25% | n/a-9.59% | n/a-20.03% |
| Max drawdown duration | AAPR OVLH | 29d45d | 29d78d | n/a134d | n/a771d |
Trading data
AAPR | OVLH | |
Last sale 7/17/2026 at 1:30 PM | $29.51 | $41.58 |
| Previous close 07/16/2026 | $29.56 | $41.87 |
| Consolidated volume 07/16/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 7/17/2026 at 1:30 PM
Live
Closed
AAPR | OVLH | |
|---|---|---|
| Last price | $29.51 | $41.58 |
| 1D performance | -0.17% | -0.69% |
| AuM | $72.53 M | $115.94 M |
| E/R | 0.79% | 0.8% |
Characteristics
AAPR | OVLH | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Innovator | Overlay Shares |
| Benchmark | - | - |
| N° of holdings | 500 | 500 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 1, 2024 | January 15, 2021 |
| ESG | No | No |
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Exposure
Countries
AAPR
USA
106.68%
Other
-6.68%
OVLH
USA
95.23%
Other
4.77%
Sectors
AAPR
Technology
51.22%
Finance
13.64%
Consumer Non-Cycl.
10.05%
Healthcare
8.87%
Industrials
8.3%
Other
7.92%
OVLH
Technology
45.72%
Finance
12.18%
Consumer Non-Cycl.
8.97%
Healthcare
7.92%
Industrials
7.41%
Other
17.8%
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Diversification
AAPR
Total weight of top 15 holdings out of 15
49.5%
OVLH
Total weight of top 15 holdings out of 15
44.19%
Top 15 holdings
Data as of May 31, 2026
AAPR
NVIDIA Corp.
8.63%
Apple, Inc.
7.70%
Microsoft Corp.
5.62%
Amazon.com, Inc.
4.45%
Alphabet, Inc.
3.72%
Broadcom Inc.
3.56%
Alphabet, Inc.
2.96%
Meta Platforms, Inc.
2.33%
Tesla, Inc.
2.06%
Micron Technology, Inc.
1.84%
Eli Lilly & Co.
1.47%
Berkshire Hathaway, Inc.
1.46%
Advanced Micro Devices, Inc.
1.41%
JPMorgan Chase & Co.
1.27%
Exxon Mobil Corp.
1.02%
OVLH
NVIDIA Corp.
7.70%
Apple, Inc.
6.88%
Microsoft Corp.
5.02%
Amazon.com, Inc.
3.97%
Alphabet, Inc.
3.32%
Broadcom Inc.
3.18%
Alphabet, Inc.
2.64%
Meta Platforms, Inc.
2.08%
Tesla, Inc.
1.84%
Micron Technology, Inc.
1.64%
Eli Lilly & Co.
1.31%
Berkshire Hathaway, Inc.
1.31%
Advanced Micro Devices, Inc.
1.26%
JPMorgan Chase & Co.
1.13%
Exxon Mobil Corp.
0.91%
Frequently asked questions about AAPR and OVLH
How have the AAPR and OVLH ETFs performed in 2026?
As of July 17, 2026, AAPR is up 4.17% year-to-date (YTD), while OVLH has returned 5.69%. That puts OVLH better performer ahead so far this year.
Which ETF is attracting more investor money: AAPR or OVLH?
Year-to-date, the AAPR ETF saw +$13M in flows, compared to +$7M for OVLH.
Which ETF is more volatile: AAPR or OVLH?
Over the past year, AAPR had a volatility of 2.52%, while OVLH experienced 8.63%.
Which ETF is bigger: AAPR or OVLH?
As of July 17, 2026, AAPR holds $72.53 M in assets under management (AUM), while OVLH manages $115.94 M.
What sectors do the AAPR and OVLH ETFs invest in?
AAPR leans toward sectors like Technology, Finance and Consumer Non-Cyclicals. Meanwhile, OVLH focuses on Technology, Finance and Consumer Non-Cyclicals.
What are the top holdings of the AAPR ETF and OVLH ETF?
AAPR top holdings include NVIDIA Corp., Apple, Inc. and Microsoft Corp.. OVLH holds in its top three: NVIDIA Corp., Apple, Inc. and Microsoft Corp..
Which ETF is more diversified: AAPR or OVLH?
AAPR holds 503 securities with 49.5% of its assets in the top 15. OVLH has 503 securities and a top 15 weight of 44.19%.
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