UAPR vs VOO

UAPR vs VOO

Which is better, UAPR or VOO?

Mid Cap Growth against Large Cap Blend.

VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window.

Lower Fees: VOOHigher Returns: VOO

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

MetricUAPRVOO
Expense Ratio0.79%0.03%Best
AUM$161M$997.4B
Dividend Yield0.00%1.04%
Holdings16509
YTD Return+8.99%+12.50%Best
1Y Return+11.67%+17.58%Best
3Y Return (annualized)+10.86%+21.27%Best
5Y Return (annualized)+6.68%+12.95%Best
Volatility (annualized)6.2%Best16.6%
Max Drawdown-14.6%Best-34.3%
$10,000 over 5 years$13,817$18,384Best
Fund FamilyInnovator ETFs TrustVanguard (US)
CategoryEquityEquity
StyleMid Cap GrowthLarge Cap Blend
InceptionApr 1, 2019Sep 7, 2010

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).

UAPR vs VOO 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.

UAPR vs VOO Performance

Innovator US Equity Ultra Buffer ETF - April (UAPR) is an ETF from Innovator ETFs Trust and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year UAPR returned +11.67% while VOO returned +17.58%. Year to date, UAPR is up 8.99% versus a gain of 12.50% for VOO.

Over three years, UAPR compounded at +10.86% per year against +21.27% for VOO; over five years the annualized figures are +6.68% and +12.95% respectively. Across the full 7-year window we track, VOO has the edge at +15.33% annualized vs +5.12%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 6.2% for UAPR. 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 -14.6% for UAPR and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

UAPR charges 0.79% per year while VOO 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, UAPR currently yields 0.00% against 1.04% for VOO.

Holdings Overlap

We hold position weights for 1 holding in UAPR and 505 in VOO, totalling 108.6% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.

The two holdings books were reported 66 days apart, UAPR as of Sep 4, 2026 and VOO as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.

0 positions in common, counted across the 1 positions we hold weights for in UAPR and 505 in VOO, against full books of 16 and 509.

You are not choosing between two funds in isolation.

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

UAPRVOO

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Frequently Asked Questions

Which is cheaper, UAPR or VOO?

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

Which performed better, UAPR or VOO?

Over the past year UAPR returned +11.67% vs +17.58% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (7 years), UAPR annualized +5.12% vs +15.33% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, UAPR or VOO?

VOO has been the more volatile fund at 16.6% annualized versus 6.2% for UAPR. Worst drawdown: UAPR -14.6% vs VOO -34.3%.

Should I hold both UAPR and VOO?

UAPR and VOO have a monthly-return correlation of 0.75, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

Which pays a higher dividend, UAPR or VOO?

UAPR yields 0.00% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.

Is VOO better than UAPR?

VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.