MVPLvsUMARETF Comparison
VS
Miller Value Partners Leverage ETF (MVPL) belongs to the Alternatives segment. Innovator U.S. Equity Ultra Buffer ETF - March (UMAR) is part of the Options Strategies segment. Both ETFs have the same top 3 sector exposures: Information Technology, Financials and Communication Services. MVPL is more expensive with a Total Expense Ratio (TER) of 1.39%, versus 0.79% for UMAR. MVPL is up 8.28% year-to-date (YTD) with +$352K in YTD flows. UMAR performs worse with 3.57% YTD performance, and +$86M in YTD flows. Run a side-by-side ETF comparison of MVPL and UMAR below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
MVPL vs UMAR performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/27/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MVPL UMAR | +18.65%+5.79% | +4.50%+2.70% | +8.28%+3.57% | +51.73%+16.87% | n/a+43.14% | n/a+43.56% |
| Flows | MVPL UMAR | -+$68M | +$352K+$90M | +$352K+$86M | +$11M+$57M | -+$94M | -+$130M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MVPL UMAR | +22.80%+6.75% | +21.96%+5.28% | n/a+6.73% | n/a+6.91% |
| Max drawdown | MVPL UMAR | -12.22%-3.74% | -12.70%-3.74% | n/a-7.40% | n/a-8.87% |
| Max drawdown duration | MVPL UMAR | 77d40d | 168d40d | n/a73d | n/a483d |
Trading data
MVPL | UMAR | |
Last sale 4/27/2026 at 7:06 PM | $39.23 | $41.35 |
| Previous close 04/27/2026 | $39.13 | $41.39 |
| Consolidated volume 04/27/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 4/27/2026 at 7:06 PM
Live
Closed
MVPL | UMAR | |
|---|---|---|
| Last price | $39.23 | $41.35 |
| 1D performance | +0.24% | -0.10% |
| AuM | $22.73 M | $209.99 M |
| E/R | 1.39% | 0.79% |
Characteristics
MVPL | UMAR | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Miller Value Funds | Innovator |
| Benchmark | - | - |
| N° of holdings | 478 | 478 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 28, 2024 | March 2, 2020 |
| ESG | No | No |
Advertisement
Exposure
Countries
MVPL
USA
96.4%
Other
3.6%
UMAR
USA
91.26%
Other
8.74%
Sectors
MVPL
Information Techn.
33.74%
Financials
10.33%
Communication Ser.
10.17%
Consumer Discreti.
9.96%
Health Care
9.27%
Industrials
8.28%
Other
18.25%
UMAR
Information Techn.
31.98%
Financials
9.67%
Communication Ser.
9.65%
Consumer Discreti.
9.44%
Health Care
8.79%
Industrials
7.85%
Other
22.62%
Advertisement
Diversification
MVPL
Total weight of top 15 holdings out of 15
42.26%
UMAR
Total weight of top 15 holdings out of 15
40%
Top 15 holdings
Data as of March 31, 2026
MVPL
NVIDIA
7.53%
APPLE
6.62%
MICROSOFT-T
4.89%
AMAZON.COM INC
3.62%
ALPHABET INC-CL
2.98%
BROADCOM LIMITED
2.61%
ALPHABET INC-CL
2.39%
META PLATFORMS
2.22%
TESLA
1.86%
BERKSHIRE HATHWAY
1.56%
JPMORGAN CHASE
1.41%
LILLY
1.30%
EXXON
1.26%
JOHNSON&JOHNSON
1.05%
WALMART INC
0.97%
UMAR
NVIDIA
7.15%
APPLE
6.28%
MICROSOFT-T
4.63%
AMAZON.COM INC
3.43%
ALPHABET INC-CL
2.82%
BROADCOM LIMITED
2.47%
ALPHABET INC-CL
2.26%
META PLATFORMS
2.11%
TESLA
1.76%
BERKSHIRE HATHWAY
1.48%
JPMORGAN CHASE
1.26%
LILLY
1.23%
EXXON
1.20%
JOHNSON&JOHNSON
0.99%
WALMART INC
0.92%
Frequently asked questions about MVPL and UMAR
How have the MVPL and UMAR ETFs performed in 2026?
As of April 27, 2026, MVPL is up 8.28% year-to-date (YTD), while UMAR has returned 3.57%. That puts MVPL better performer ahead so far this year.
Which ETF is attracting more investor money: MVPL or UMAR?
Year-to-date, the MVPL ETF saw +$352K in flows, compared to +$86M for UMAR.
Which ETF is more volatile: MVPL or UMAR?
Over the past year, MVPL had a volatility of 21.96%, while UMAR experienced 5.28%.
Which ETF is bigger: MVPL or UMAR?
As of April 27, 2026, MVPL holds $22.73 M in assets under management (AUM), while UMAR manages $209.99 M.
What sectors do the MVPL and UMAR ETFs invest in?
MVPL leans toward sectors like Information Technology, Financials and Communication Services. Meanwhile, UMAR focuses on Information Technology, Financials and Communication Services.
What are the top holdings of the MVPL ETF and UMAR ETF?
MVPL top holdings include NVIDIA, APPLE and MICROSOFT-T. UMAR holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: MVPL or UMAR?
MVPL holds 502 securities with 42.26% of its assets in the top 15. UMAR has 503 securities and a top 15 weight of 40%.
Advertisement
Advertisement
