PAPR vs VTI

PAPR vs VTI

Which is better, PAPR or VTI?

Option Writing against Large Cap Blend.

VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92.

Lower Fees: VTIHigher Returns: VTI

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricPAPRVTI
Expense Ratio0.79%0.03%Best
AUM$964M$666.9B
Dividend Yield0.00%1.03%
Holdings123,543
YTD Return+9.81%+12.57%Best
1Y Return+12.42%+17.22%Best
3Y Return (annualized)+11.28%+20.87%Best
5Y Return (annualized)+8.35%+11.86%Best
Volatility (annualized)7.2%Best17.0%
Max Drawdown-15.3%Best-35.0%
$10,000 over 5 years$14,933$17,514Best
Fund FamilyInnovator ETFs TrustVanguard (US)
CategoryAlternativeEquity
StyleOption WritingLarge Cap Blend
InceptionMar 29, 2019May 24, 2001

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Apr 1, 2019 to Sep 11, 2026 (7.4 years).

PAPR vs VTI growth

Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 7.4 years both funds cover.

PAPR vs VTI Performance

Innovator US Equity Power Buffer ETF - April (PAPR) is an ETF from Innovator ETFs Trust and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year PAPR returned +12.42% while VTI returned +17.22%. Year to date, PAPR is up 9.81% versus a gain of 12.57% for VTI.

Over three years, PAPR compounded at +11.28% per year against +20.87% for VTI; over five years the annualized figures are +8.35% and +11.86% respectively. Across the full 7-year window we track, VTI has the edge at +14.69% annualized vs +7.82%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VTI has been the more volatile fund, with annualized monthly volatility of 17.0% compared with 7.2% for PAPR. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -15.3% for PAPR and -35.0% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

PAPR charges 0.79% per year while VTI charges 0.03%. On a $10,000 position that is $79 vs $3 annually, a gap of $76 per year that compounds over a long holding period. On income, PAPR currently yields 0.00% against 1.03% for VTI.

You are not choosing between two funds in isolation.

Whichever of PAPR and VTI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

PAPRVTI

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, PAPR or VTI?

PAPR has an expense ratio of 0.79% while VTI charges 0.03%. VTI is the cheaper option, by $76 a year on a $10,000 investment.

Which performed better, PAPR or VTI?

Over the past year PAPR returned +12.42% vs +17.22% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (7 years), PAPR annualized +7.82% vs +14.69% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, PAPR or VTI?

VTI has been the more volatile fund at 17.0% annualized versus 7.2% for PAPR. Worst drawdown: PAPR -15.3% vs VTI -35.0%.

Should I hold both PAPR and VTI?

PAPR and VTI have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.

Which pays a higher dividend, PAPR or VTI?

PAPR yields 0.00% while VTI yields 1.03%, so VTI currently pays the higher dividend yield.

Is VTI better than PAPR?

VTI has a lower expense ratio. VTI led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. Which one suits a particular account depends on what it is for. This is information, not a recommendation.