Which has more room to gain, IAPR or YMAR?

From their prices on Oct 1, 2026, IAPR can gain about 9.9% before its cap and YMAR about 6.5%, so IAPR has more room left this period.

Which resets first, IAPR or YMAR?

IAPR ends its outcome period on Mar 31, 2027 and YMAR on Mar 19, 2027. A new cap is set the day after each.

Which is cheaper, IAPR or YMAR?

IAPR charges 0.85% a year and YMAR charges 0.90%, so IAPR is cheaper. Fees come from each fund's prospectus.

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IAPR vs YMAR: which one stands where?

As of Oct 1, 2026 YMAR can fall 8.1% before its buffer engages and IAPR 6.1%, and YMAR resets 12 days sooner. Innovator Intl Developed Power Buffer ETF - Apr and FT Vest International Equity Moderate Buffer ETF - March.

6.1%

IAPR can fall this far before its buffer

8.1%

YMAR can fall this far before its buffer

9.9%

IAPR can still gain

6.5%

YMAR can still gain

IAPRBetween buffer and cap

IAPR: reference +7.0% since period start, fund +6.0%; buffer 0 to −15; cap +17.0%; Between buffer and cap.

YMARBetween buffer and cap

YMAR: reference +11.0% since period start, fund +7.9%; buffer 0 to −15; cap +15.8%; Between buffer and cap.

ETFIQ Downside Cover Score · IAPR scores higherIf the market falls into a bear market from here, how much does the buffer absorb?

IAPR 68.8

YMAR 53.1

0.2, the lowest in this set99.8, the highest

A percentile among the 293 buffer ETFs with a live outcome period. It is a position in a set, not a rating, and neither end of it is a recommendation. All buffer ETFs ranked by it → How it is computed →

Where each one stands today

YMAR resets first, on Mar 19, 2027, 170 days from now; IAPR runs to Mar 31, 2027, 182 days. IAPR can still gain 9.9% before its cap, YMAR 6.5%. A fall from here reaches IAPR’s buffer after 6.1% and YMAR’s after 8.1%. Both track EFA, so what separates them is where each is in its own period.

Every figure is ETFIQ’s own, from the issuer’s published outcome-period terms. A buffer ETF holds FLEX options on its reference index rather than shares, so there is no holdings overlap between two of them to report.

Performance, window by window

	Total return		Gap to the reference
Window	IAPR	YMAR	IAPR	YMAR
3 months	+1.1%	+1.4%	+0.3 pts	+0.6 pts
6 months	+4.8%	+5.3%	−2.3 pts	−1.7 pts
1 year	+11.4%	+10.6%	−3.6 pts	−4.5 pts
3 years	+38.8%	+42.8%	−26.9 pts	−22.9 pts

IAPR and YMAR over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

IAPR

Innovator Intl Developed Power Buffer ETF - Apr · Absorbs the first 15% of loss on EFA and caps the gain at 17.0%, over a period ending Mar 31, 2027

YMAR

FT Vest International Equity Moderate Buffer ETF - March · Absorbs the first 15% of loss on EFA and caps the gain at 15.8%, over a period ending Mar 19, 2027

Issuer Innovator First Trust

Reference index EFA EFA

Buffer 15% 15%

Outcome period Mar 31, 2026 to Mar 31, 2027 Mar 23, 2026 to Mar 19, 2027

Days left 182 170

Starting cap +17.0% +15.8%

Can still gain 9.9% 6.5%

Fall before buffer 6.1% 8.1%

Protection left, index points 15.0% of 15.0% 15.0% of 15.0%

Index return this period +7.0% +11.0%

Fund return this period +6.0% +7.9%

State today Open Open

Expense ratio 0.85% 0.90%

Net assets $191m $163m

IAPR and YMAR on the same fields, as of Oct 1, 2026. Source: ETFIQ.

IAPR in plain words

From its price on Oct 1, 2026, the fund can gain about 9.9% more before it reaches its cap. The fund's price can fall 6.1% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, EFA can fall 6.5% from today's level to the point where the buffer begins. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's EFA level. 182 days remained on Oct 1, 2026. On Mar 31, 2027 the period ends and a new cap is set.

YMAR in plain words

From its price on Oct 1, 2026, the fund can gain about 6.5% more before it reaches its cap. The fund's price can fall 8.1% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, EFA can fall 9.9% from today's level to the point where the buffer begins. 170 days remained on Oct 1, 2026. On Mar 19, 2027 the period ends and a new cap is set.

Questions people ask

Which has more room to gain, IAPR or YMAR?: From their prices on Oct 1, 2026, IAPR can gain about 9.9% before its cap and YMAR about 6.5%, so IAPR has more room left this period.
Which resets first, IAPR or YMAR?: IAPR ends its outcome period on Mar 31, 2027 and YMAR on Mar 19, 2027. A new cap is set the day after each.
Which is cheaper, IAPR or YMAR?: IAPR charges 0.85% a year and YMAR charges 0.90%, so IAPR is cheaper. Fees come from each fund's prospectus.

Other comparisons

IAPR vs ARLI YMAR vs ARLI

EFA →IAPR on its own →YMAR on its own →How every figure is computed →Standards and sources →

Where these figures came from

IAPR filings on SEC EDGAR ↗Innovator page for IAPR ↗YMAR filings on SEC EDGAR ↗First Trust page for YMAR ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, IAPR against YMAR, data as of Oct 1, 2026. https://etfiq.com/compare/buffer/iapr-vs-ymar

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.