GAPR vs PIO
Comparison between FT VEST U.S. EQUITY MODERATE BUFFER ETF - APRIL (GAPR, ETF) and INVESCO GLOBAL WATER ETF (PIO, ETF).
GAPR vs PIO - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
GAPR
$281M
PIO
$281M
Expense Ratio
GAPR
0.85%
Winner
PIO
0.75%
Max Drawdown
Winner
GAPR
8.98%
PIO
65.37%
Sharpe Ratio
Winner
GAPR
1.91
PIO
-0.06
5Y Beta
Winner
GAPR
0.42
PIO
0.75
5Y Dividends CAGR
GAPR
N/A
PIO
10.03%
GAPR vs PIO - Historical Returns
Returns include dividend reinvestment.
1M
Winner
GAPR
+0.76%
PIO
-4.86%
3M
Winner
GAPR
+2.59%
PIO
-4.47%
6M
Winner
GAPR
+3.90%
PIO
-1.88%
1Y
Winner
GAPR
+9.64%
PIO
+1.70%
5Y(CAGR)
GAPR
N/A
PIO
+3.00%
10Y(CAGR)
GAPR
N/A
PIO
+8.32%
Max(CAGR)
Winner
GAPR
+11.11%
PIO
+4.33%
GAPR vs PIO - Annual Returns (2007 - 2026)
Returns include dividend reinvestment.
| Year | GAPR | PIO |
|---|---|---|
| 2026 | +3.23% | -1.71% |
| 2025 | +6.78% | +14.88% |
| 2024 | +14.79% | +0.77% |
| 2023 | +10.07% | +21.34% |
| 2022 | N/A | -23.40% |
| 2021 | N/A | +26.12% |
| 2020 | N/A | +13.96% |
| 2019 | N/A | +35.07% |
| 2018 | N/A | -9.66% |
| 2017 | N/A | +26.39% |
| 2016 | N/A | +1.84% |
| 2015 | N/A | -7.16% |
| 2014 | N/A | +2.10% |
| 2013 | N/A | +28.16% |
| 2012 | N/A | +14.11% |
| 2011 | N/A | -21.57% |
| 2010 | N/A | +9.36% |
| 2009 | N/A | +36.58% |
| 2008 | N/A | -44.55% |
| 2007 | N/A | +0.08% |
GAPR vs PIO Drawdown Comparison
The maximum drawdown for GAPR was -8.98%, occurring on Apr 8, 2025. Recovery took 88 trading sessions.
The maximum drawdown for PIO was -64.88%, occurring on Mar 9, 2009. Recovery took 1661 trading sessions.
The current GAPR drawdown is -1.10%. The current PIO drawdown is -10.08%.
| Rank | GAPR | PIO |
|---|---|---|
| #1 | -8.98% Feb 19, 2025 - Jun 26, 2025 | -64.88% Oct 31, 2007 - Jun 9, 2014 |
| #2 | -4.56% Sep 14, 2023 - Nov 14, 2023 | -35.76% Feb 19, 2020 - Sep 2, 2020 |
| #3 | -3.63% Jul 16, 2024 - Aug 16, 2024 | -34.27% Dec 29, 2021 - Mar 28, 2024 |
| #4 | -1.75% Aug 1, 2023 - Sep 14, 2023 | -26.33% May 21, 2015 - Sep 8, 2017 |
| #5 | -1.67% Aug 30, 2024 - Sep 13, 2024 | -17.09% May 15, 2024 - May 15, 2025 |
| #6 | -1.27% Apr 28, 2023 - May 17, 2023 | -16.95% Jan 22, 2018 - Mar 13, 2019 |
| #7 | -1.22% Apr 29, 2024 - May 3, 2024 | -16.14% Jul 13, 2007 - Oct 29, 2007 |
| #8 | -1.10% May 29, 2026 - Jun 5, 2026 | -13.88% Jun 20, 2014 - May 14, 2015 |
| #9 | -1.06% May 19, 2023 - May 26, 2023 | -13.15% Feb 26, 2026 - Mar 27, 2026 |
| #10 | -0.98% Apr 24, 2023 - Apr 27, 2023 | -9.89% Sep 2, 2021 - Dec 29, 2021 |
| #11 | -0.96% Dec 11, 2024 - Dec 24, 2024 | -7.14% Mar 28, 2024 - May 15, 2024 |
| #12 | -0.88% Nov 11, 2025 - Nov 26, 2025 | -6.54% Jan 8, 2021 - Apr 1, 2021 |
| #13 | -0.82% Jun 15, 2023 - Jun 29, 2023 | -6.20% Oct 24, 2025 - Jan 15, 2026 |
| #14 | -0.75% Oct 22, 2024 - Nov 6, 2024 | -5.98% May 3, 2019 - Jun 20, 2019 |
| #15 | -0.69% May 21, 2024 - Jun 5, 2024 | -5.80% Oct 12, 2020 - Nov 5, 2020 |
Correlation
Correlation between GAPR and PIO is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.
0.91
-101
Select Stocks to Compare
Popular: GAPR vs SPYPIO vs SPY
More Comparisons
Compare with similar stocks