{"url":"https://etfiq.com/compare/buffer/aprw-vs-xbap","section":"compare","title":"APRW vs XBAP: Cap, Buffer & Days Left | ETFIQ","description":"As of Oct 23, 2026 APRW can gain 3.7% before its cap and XBAP 4.3%. Each can fall 7.5% and 9.4% before its buffer engages, on SPY.","as_of":"Oct 23, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which has more room to gain, APRW or XBAP?","acceptedAnswer":{"@type":"Answer","text":"From their prices on Oct 23, 2026, APRW can gain about 3.7% before its cap and XBAP about 4.3%, so XBAP has more room left this period."}},{"@type":"Question","name":"Which resets first, APRW or XBAP?","acceptedAnswer":{"@type":"Answer","text":"APRW ends its outcome period on Mar 31, 2027 and XBAP on Mar 31, 2027. A new cap is set the day after each."}},{"@type":"Question","name":"Which is cheaper, APRW or XBAP?","acceptedAnswer":{"@type":"Answer","text":"APRW charges 0.74% a year and XBAP charges 0.79%, so APRW is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Buffer ETFs","item":"https://etfiq.com/buffer/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"APRW vs XBAP","item":"https://etfiq.com/compare/buffer/aprw-vs-xbap"}]},{"@type":"WebPage","name":"APRW vs XBAP: Cap, Buffer & Days Left","description":"As of Oct 23, 2026 APRW can gain 3.7% before its cap and XBAP 4.3%. Each can fall 7.5% and 9.4% before its buffer engages, on SPY.","url":"https://etfiq.com/compare/buffer/aprw-vs-xbap","dateModified":"2026-10-23","abstract":"As of Oct 23, 2026 XBAP can fall 9.4% before its buffer engages and APRW 7.5%.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of APRW and XBAP","description":"As of Oct 23, 2026 APRW can gain 3.7% before its cap and XBAP 4.3%. Each can fall 7.5% and 9.4% before its buffer engages, on SPY.","dateModified":"2026-10-23","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/buffer/aprw-vs-xbap","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/funds.json"}],"variableMeasured":["Remaining cap","Fall before the buffer engages","Protection left in index points","Starting buffer","Outcome period","Reference index return","Fund return","Days remaining","Expense ratio"],"keywords":["exchange-traded funds","ETF","Buffer ETFs","fund data","SEC filings"]}],"characters":6561,"truncated":true,"content":"ETFIQ / Buffer ETFs / Compare ETFs / APRW vs XBAP \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 23, 2026 .\n\n APRW vs XBAP: Cap, Buffer & Days Left\n\n As of Oct 23, 2026 XBAP can fall 9.4% before its buffer engages and APRW 7.5%.\n Copy this for sharing \n \n APRW costs 0.05 points a year less; their one-year returns differ by 2.9 points; APRW is 1.6 times larger.\n APRW and XBAP at a glance. As of Oct 23, 2026. Source: ETFIQ. APRW XBAP \n Expense ratio 0.74% 0.79% \n Net assets, as of Oct 22, 2026 $203m $128m \n Total return, 1 year +10.4% +13.3% \n What it tracks SPY SPY \n Holdings in com","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, APRW against XBAP, data as of Oct 23, 2026. https://etfiq.com/compare/buffer/aprw-vs-xbap","a":{"ticker":"APRW","name":"AllianzIM U.S. Equity Buffer20 ETF - Apr","issuer":"AllianzIM","desk":"buffer","as_of":"2026-10-23","verdict":"Since Apr 1, 2026, APRW returned 7.2%, against 16.9% for SPY. It can gain 3.7% more before its cap.","url":"https://etfiq.com/funds/aprw","key_facts":[{"label":"Can still gain from today\u2019s fund price","value":"3.7%","as_of":"2026-10-23","source":null},{"label":"Fall before the buffer from today\u2019s fund price","value":"7.5%","as_of":"2026-10-23","source":null},{"label":"Protection left, index points","value":"20.0%","as_of":"2026-10-23","source":null},{"label":"Days to reset","value":"159","as_of":"2026-10-23","source":null},{"label":"Net assets","value":"$203m","as_of":"2026-10-22","source":"issuer page, as of Oct 22, 2026"},{"label":"Expense ratio","value":"0.74%","as_of":"2026-10-23","source":"issuer page, Oct 23, 2026"}]},"b":{"ticker":"XBAP","name":"Innovator U.S. Equity Accelerated 9 Buffer ETF - Apr","issuer":"Innovator","desk":"buffer","as_of":"2026-10-23","verdict":"Since Mar 31, 2026, XBAP returned 9.8%, against 16.8% for SPY. It can gain 4.3% more before its cap.","url":"https://etfiq.com/funds/xbap","key_facts":[{"label":"Can still gain from today\u2019s fund price","value":"4.3%","as_of":"2026-10-23","source":null},{"label":"Fall before the buffer from today\u2019s fund price","value":"9.4%","as_of":"2026-10-23","source":null},{"label":"Protection left, index points","value":"9.0%","as_of":"2026-10-23","source":null},{"label":"Days to reset","value":"159","as_of":"2026-10-23","source":null},{"label":"Net assets","value":"$128m","as_of":"2026-10-22","source":"issuer page, as of Oct 22, 2026"},{"label":"Expense ratio","value":"0.79%","as_of":"2026-10-23","source":"issuer page, Oct 23, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/buffer/aprw-vs-xbap"}