IAPR vs ETX

Comparison between Innovator International Developed Power Buffer ETF April (IAPR, ETF) and Eaton Vance Municipal Income 2028 Term Trust (ETX, ETF).

5-Year PerformanceIAPR has outperformed ETX, delivering a return of +5.2% compared to +0.8%

IAPR vs ETX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IAPR(ETF)	ETX(ETF)
Net Assets	$199M	$199M
Expense Ratio	0.85%	N/A
Max Drawdown	17.73%	32.76%
Sharpe Ratio	1.44	0.58
5Y Beta	0.39	0.08
5Y Dividends CAGR	N/A	3.62%

Net Assets

IAPR

$199M

Winner

ETX

$199M

Expense Ratio

IAPR

0.85%

ETX

N/A

Max Drawdown

Winner

IAPR

17.73%

ETX

32.76%

Sharpe Ratio

Winner

IAPR

1.44

ETX

0.58

5Y Beta

IAPR

0.39

Winner

ETX

0.08

5Y Dividends CAGR

IAPR

N/A

ETX

3.62%

IAPR vs ETX - Historical Returns

Returns include dividend reinvestment.

Period	IAPR	ETX
1 month	+2.34%	-1.04%
3 months	+6.37%	+1.06%
6 months	+8.70%	+0.30%
1 year	+15.00%	+8.67%
5 years(CAGR)	+5.21%	+0.84%
10 years(CAGR)	N/A	+3.32%
Max(CAGR)	+5.52%	+4.07%

Winner

IAPR

+2.34%

ETX

-1.04%

Winner

IAPR

+6.37%

ETX

+1.06%

Winner

IAPR

+8.70%

ETX

+0.30%

Winner

IAPR

+15.00%

ETX

+8.67%

5Y(CAGR)

Winner

IAPR

+5.21%

ETX

+0.84%

10Y(CAGR)

IAPR

N/A

ETX

+3.32%

Max(CAGR)

Winner

IAPR

+5.52%

ETX

+4.07%

IAPR vs ETX - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	IAPR	ETX
2026	+7.64%	+2.23%
2025	+15.64%	+11.55%
2024	+4.70%	+6.08%
2023	+7.34%	-0.69%
2022	-7.72%	-13.36%
2021	+2.74%	-4.59%
2020	N/A	+12.33%
2019	N/A	+17.34%
2018	N/A	-3.05%
2017	N/A	+9.16%
2016	N/A	+8.96%
2015	N/A	+10.25%
2014	N/A	+24.43%
2013	N/A	-24.56%

IAPR vs ETX Drawdown Comparison

The maximum drawdown for IAPR was -17.73%, occurring on Sep 27, 2022. Recovery took 574 trading sessions.

The maximum drawdown for ETX was -32.09%, occurring on Aug 16, 2013. Recovery took 649 trading sessions.

The current ETX drawdown is -1.76%.

Rank	IAPR	ETX
#1	-17.73% Nov 8, 2021 - Feb 22, 2024	-32.09% May 3, 2013 - Nov 30, 2015
#2	-9.46% Mar 19, 2025 - May 19, 2025	-25.15% Dec 5, 2019 - Aug 3, 2020
#3	-6.63% Sep 26, 2024 - Mar 18, 2025	-24.19% Jun 29, 2021 - Oct 28, 2025
#4	-4.61% Jul 12, 2024 - Aug 21, 2024	-11.85% Aug 22, 2016 - Aug 29, 2017
#5	-3.46% Mar 27, 2024 - May 14, 2024	-9.62% Oct 2, 2018 - Jan 24, 2019
#6	-2.70% Aug 30, 2024 - Sep 24, 2024	-8.40% Sep 15, 2017 - Oct 2, 2018
#7	-2.57% Jun 6, 2024 - Jul 12, 2024	-7.93% Mar 22, 2021 - Jun 29, 2021
#8	-2.56% Nov 12, 2025 - Dec 4, 2025	-6.85% Dec 31, 2020 - Mar 22, 2021
#9	-2.40% Sep 7, 2021 - Nov 1, 2021	-6.85% Sep 9, 2020 - Nov 25, 2020
#10	-2.22% Jun 15, 2021 - Aug 11, 2021	-6.76% Sep 10, 2019 - Oct 8, 2019
#11	-2.10% Apr 17, 2026 - May 6, 2026	-5.69% Oct 8, 2019 - Dec 5, 2019
#12	-2.05% Jul 23, 2025 - Aug 12, 2025	-4.93% Oct 28, 2025 - May 19, 2026
#13	-2.02% Feb 24, 2026 - Mar 31, 2026	-4.14% Jul 7, 2016 - Aug 8, 2016
#14	-1.60% May 29, 2026 - Jun 12, 2026	-3.40% May 16, 2016 - Jun 3, 2016
#15	-1.58% May 6, 2026 - May 26, 2026	-3.09% Dec 2, 2020 - Dec 29, 2020