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ZMARvsTSPYETF Comparison

ETF 1

ZMAR

Innovator Equity Defined Protection (1Y March) ETF

This fund is part of

Options Strategies

+0.26%

Full ZMAR fund page

VS

ETF 2

TSPY

TappAlpha SPY Growth & Daily Income ETF

This fund is part of

Options Strategies

+0.26%

Full TSPY fund page

Innovator Equity Defined Protection (1Y March) ETF (ZMAR) and TappAlpha SPY Growth & Daily Income ETF (TSPY) belong to the same industry segment: Options Strategies. Both ETFs have the same top 3 sector exposures: Information Technology, Financials and Communication Services. ZMAR is more expensive with a Total Expense Ratio (TER) of 0.79%, versus 0.77% for TSPY. ZMAR is up 1.87% year-to-date (YTD) with +$39M in YTD flows. TSPY performs better with 3.39% YTD performance, and +$90M in YTD flows. Run a side-by-side ETF comparison of ZMAR and TSPY 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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ZMAR vs TSPY performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/24/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	ZMAR TSPY	+1.96%+8.10%	+1.39%+1.61%	+1.87%+3.39%	+8.97%+31.91%	n/an/a	n/an/a
Flows	ZMAR TSPY	+$32M-$3M	+$44M+$49M	+$39M+$90M	+$18M+$231M	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	ZMAR TSPY	+2.76%+15.00%	+2.24%+12.39%	n/an/a	n/an/a
Max drawdown	ZMAR TSPY	-1.24%-9.44%	-1.24%-9.44%	n/an/a	n/an/a
Max drawdown duration	ZMAR TSPY	38d73d	38d73d	n/an/a	n/an/a

Trading data

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	ZMAR	TSPY
Last sale 4/27/2026 at 1:30 PM	$27.97	$25.13
Previous close 04/24/2026	$27.99	$25.16
Consolidated volume 04/24/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Main metrics

Last update 4/27/2026 at 1:30 PM

Live

Closed

	ZMAR	TSPY
Last price	$27.97	$25.13
1D performance	-0.05%	-0.12%
AuM	$132.33 M	$257.24 M
E/R	0.79%	0.77%

Characteristics

	ZMAR	TSPY
Management strategy	Active	Active
Provider	Innovator	TappAlpha
Benchmark	-	-
N° of holdings	478	478
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	March 3, 2025	August 14, 2024
ESG	No	No

More ZMAR data on Trackinsight

More TSPY data on Trackinsight

Exposure

Countries

ZMAR

USA

88.95%

Other

11.05%

TSPY

USA

97.6%

Other

2.4%

Sectors

ZMAR

Information Techn.

31.17%

Financials

9.42%

Communication Ser.

9.41%

Consumer Discreti.

9.21%

Health Care

8.57%

Industrials

7.65%

Other

24.57%

TSPY

Information Techn.

34.16%

Financials

10.46%

Communication Ser.

10.3%

Consumer Discreti.

10.08%

Health Care

9.39%

Industrials

8.38%

Other

17.23%

Diversification

ZMAR

Total weight of top 15 holdings out of 15

38.99%

TSPY

Total weight of top 15 holdings out of 15

42.79%

Top 15 holdings

Data as of March 31, 2026

ZMAR

NVIDIA

6.97%

APPLE

6.12%

MICROSOFT-T

4.52%

AMAZON.COM INC

3.34%

ALPHABET INC-CL

2.75%

BROADCOM LIMITED

2.41%

ALPHABET INC-CL

2.20%

META PLATFORMS

2.06%

TESLA

1.72%

BERKSHIRE HATHWAY

1.44%

JPMORGAN CHASE

1.23%

LILLY

1.20%

EXXON

1.17%

JOHNSON&JOHNSON

0.97%

WALMART INC

0.90%

TSPY

NVIDIA

7.63%

APPLE

6.71%

MICROSOFT-T

4.95%

AMAZON.COM INC

3.66%

ALPHABET INC-CL

3.01%

BROADCOM LIMITED

2.64%

ALPHABET INC-CL

2.41%

META PLATFORMS

2.25%

TESLA

1.88%

BERKSHIRE HATHWAY

1.58%

JPMORGAN CHASE

1.43%

LILLY

1.31%

EXXON

1.28%

JOHNSON&JOHNSON

1.06%

WALMART INC

0.98%

Frequently asked questions about ZMAR and TSPY

How have the ZMAR and TSPY ETFs performed in 2026?

As of April 24, 2026, ZMAR is up 1.87% year-to-date (YTD), while TSPY has returned 3.39%. That puts TSPY better performer ahead so far this year.

Which ETF is attracting more investor money: ZMAR or TSPY?

Year-to-date, the ZMAR ETF saw +$39M in flows, compared to +$90M for TSPY.

Which ETF is more volatile: ZMAR or TSPY?

Over the past year, ZMAR had a volatility of 2.24%, while TSPY experienced 12.39%.

Which ETF is bigger: ZMAR or TSPY?

As of April 24, 2026, ZMAR holds $132.33 M in assets under management (AUM), while TSPY manages $257.24 M.

What sectors do the ZMAR and TSPY ETFs invest in?

ZMAR leans toward sectors like Information Technology, Financials and Communication Services. Meanwhile, TSPY focuses on Information Technology, Financials and Communication Services.

ZMARvsTSPYETF Comparison

Innovator Equity Defined Protection (1Y March) ETF

TappAlpha SPY Growth & Daily Income ETF

ZMAR vs TSPY performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the ZMAR and TSPY ETFs performed in 2026?

As of April 24, 2026, ZMAR is up 1.87% year-to-date (YTD), while TSPY has returned 3.39%. That puts TSPY better performer ahead so far this year.

Which ETF is attracting more investor money: ZMAR or TSPY?

Year-to-date, the ZMAR ETF saw +$39M in flows, compared to +$90M for TSPY.

Which ETF is more volatile: ZMAR or TSPY?

Over the past year, ZMAR had a volatility of 2.24%, while TSPY experienced 12.39%.

Which ETF is bigger: ZMAR or TSPY?

As of April 24, 2026, ZMAR holds $132.33 M in assets under management (AUM), while TSPY manages $257.24 M.

What sectors do the ZMAR and TSPY ETFs invest in?

ZMAR leans toward sectors like Information Technology, Financials and Communication Services. Meanwhile, TSPY focuses on Information Technology, Financials and Communication Services.

What are the top holdings of the ZMAR ETF and TSPY ETF?

ZMAR top holdings include NVIDIA, APPLE and MICROSOFT-T. TSPY holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: ZMAR or TSPY?

ZMAR holds 503 securities with 38.99% of its assets in the top 15. TSPY has 502 securities and a top 15 weight of 42.79%.

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