AIYY vs ZJUL
YieldMax AI Option Income Strategy ETF vs Innovator Equity Defined Protection ETF - 1 Yr July
Which is better, AIYY or ZJUL?
ZJUL has been ahead.
ZJUL has a lower expense ratio. ZJUL led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AIYY | ZJUL |
|---|---|---|
| Expense Ratio | 0.99% | 0.79%Best |
| AUM | $49M | $194M |
| Dividend Yield | 114.82% | 0.00% |
| Holdings | 20 | 21 |
| YTD Return | -28.76% | +4.45%Best |
| 1Y Return | -45.18% | +5.64%Best |
| 3Y Return (annualized) | -38.34% | - |
| Volatility (annualized) | 41.1% | 3.3%Best |
| Max Drawdown | -79.6% | -5.5%Best |
| $10,000 over 2.3 years | $3,109 | $11,691Best |
| Fund Family | YieldMax ETF | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Nov 27, 2023 | Jul 1, 2024 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Jul 1, 2024 to Oct 14, 2026 (2.3 years).
AIYY vs ZJUL growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.3 years both funds cover.
AIYY vs ZJUL Performance
YieldMax AI Option Income Strategy ETF (AIYY) is an ETF from YieldMax ETF and Innovator Equity Defined Protection ETF - 1 Yr July (ZJUL) is an ETF from Innovator ETFs Trust. Over the past year AIYY returned -45.18% while ZJUL returned +5.64%. Year to date, AIYY is down 28.76% versus a gain of 4.45% for ZJUL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AIYY has been the more volatile fund, with annualized monthly volatility of 41.1% compared with 3.3% for ZJUL. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -79.6% for AIYY and -5.5% for ZJUL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.30. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AIYY charges 0.99% per year while ZJUL charges 0.79%. On a $10,000 position that is $99 vs $79 annually, a gap of $20 per year that compounds over a long holding period. On income, AIYY currently yields 114.82% against 0.00% for ZJUL.
Holdings Overlap
We hold position weights for 2 holdings in AIYY and 1 in ZJUL, totalling 17.7% and 100.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in AIYY and 1 in ZJUL, against full books of 20 and 21.
You are not choosing between two funds in isolation.
Whichever of AIYY and ZJUL you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AIYY or ZJUL?
AIYY has an expense ratio of 0.99% while ZJUL charges 0.79%. ZJUL is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, AIYY or ZJUL?
Over the past year AIYY returned -45.18% vs +5.64% for ZJUL, so ZJUL leads on 1-year performance. Over the longest common window we track (2 years), AIYY annualized -39.83% vs +7.03% for ZJUL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AIYY or ZJUL?
AIYY has been the more volatile fund at 41.1% annualized versus 3.3% for ZJUL. Worst drawdown: AIYY -79.6% vs ZJUL -5.5%.
Should I hold both AIYY and ZJUL?
AIYY and ZJUL have a monthly-return correlation of 0.30, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, AIYY or ZJUL?
AIYY yields 114.82% while ZJUL yields 0.00%, so AIYY currently pays the higher dividend yield.
Is ZJUL better than AIYY?
ZJUL has a lower expense ratio. ZJUL led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.