{"url":"https://etfiq.com/compare/buffer/cpra-vs-kapr","section":"compare","title":"CPRA vs KAPR: which one stands where? | ETFIQ","description":"As of Oct 1, 2026 KAPR can gain 9.8% before its cap and CPRA publishes no remaining cap. Each can fall 3.5% and 8.9% before its buffer engages, on IWM.","as_of":"Oct 1, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which resets first, CPRA or KAPR?","acceptedAnswer":{"@type":"Answer","text":"CPRA ends its outcome period on Apr 1, 2027 and KAPR on Mar 31, 2027. A new cap is set the day after each."}},{"@type":"Question","name":"Which is cheaper, CPRA or KAPR?","acceptedAnswer":{"@type":"Answer","text":"CPRA charges 0.69% a year and KAPR charges 0.79%, so CPRA 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":"CPRA vs KAPR","item":"https://etfiq.com/compare/buffer/cpra-vs-kapr"}]},{"@type":"WebPage","name":"CPRA vs KAPR: which one stands where?","description":"As of Oct 1, 2026 KAPR can gain 9.8% before its cap and CPRA publishes no remaining cap. Each can fall 3.5% and 8.9% before its buffer engages, on IWM.","url":"https://etfiq.com/compare/buffer/cpra-vs-kapr","dateModified":"2026-10-01","abstract":"As of Oct 1, 2026 KAPR can fall 8.9% before its buffer engages and CPRA 3.5%.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of CPRA and KAPR","description":"As of Oct 1, 2026 KAPR can gain 9.8% before its cap and CPRA publishes no remaining cap. Each can fall 3.5% and 8.9% before its buffer engages, on IWM.","dateModified":"2026-10-01","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/buffer/cpra-vs-kapr","license":"https://etfiq.com/standards/","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":5403,"truncated":true,"content":"ETFIQ / Buffer ETFs / Head to head / CPRA vs KAPR \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 1, 2026 .\n\n CPRA vs KAPR: which one stands where?\n\n As of Oct 1, 2026 KAPR can fall 8.9% before its buffer engages and CPRA 3.5%.\n Copy this for sharing \n \n Calamos Russell 2000 \u00ae Structured Alt Protection ETF - April and Innovator U.S. Small Cap Power Buffer ETF - Apr.\n\n Download as PDF \n\n CPRA At its cap [CPRA: reference +11.3% since period start, fund +3.3%; buffer \u22120 to floor; cap +7.6%; At its cap.. At its cap] [CPRA: reference +11.3% since period start, fund +3.3%; buffer \u22120 to fl","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/","citation":"ETFIQ, as of Oct 1, 2026. https://etfiq.com/compare/buffer/cpra-vs-kapr","a":{"ticker":"CPRA","name":"Calamos Russell 2000 \u00ae Structured Alt Protection ETF - April","issuer":"Calamos","desk":"buffer","as_of":"2026-10-01","verdict":"As of Oct 1, 2026, CPRA has reached its cap.","url":"https://etfiq.com/funds/cpra","key_facts":[{"label":"Fall before the buffer","value":"3.5%","as_of":"2026-10-01","source":null},{"label":"Protection left, index points","value":"99.7%","as_of":"2026-10-01","source":null},{"label":"Days to reset","value":"182","as_of":"2026-10-01","source":null},{"label":"Net assets","value":"$13m","as_of":"2026-10-01","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.69%","as_of":"2026-10-01","source":"issuer page, Oct 1, 2026"},{"label":"Reference index","value":"IWM","as_of":"2026-10-01","source":null}]},"b":{"ticker":"KAPR","name":"Innovator U.S. Small Cap Power Buffer ETF - Apr","issuer":"Innovator","desk":"buffer","as_of":"2026-10-01","verdict":"As of Oct 1, 2026, KAPR is between its buffer and cap, with IWM up 12.1% since the period began.","url":"https://etfiq.com/funds/kapr","key_facts":[{"label":"Can still gain","value":"9.8%","as_of":"2026-10-01","source":null},{"label":"Fall before the buffer","value":"8.9%","as_of":"2026-10-01","source":null},{"label":"Protection left, index points","value":"15.0%","as_of":"2026-10-01","source":null},{"label":"Days to reset","value":"182","as_of":"2026-10-01","source":null},{"label":"Net assets","value":"$214m","as_of":"2026-10-01","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.79%","as_of":"2026-10-01","source":"issuer page, Oct 1, 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/cpra-vs-kapr"}