AJUL vs EALT
Innovator Equity Defined Protection ETF - 2 Yr to July 2026 vs Innovator US Equity 5 to 15 Buffer ETF - Quarterly
Which is better, AJUL or EALT?
EALT has been ahead.
EALT has a lower expense ratio. EALT 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 | AJUL | EALT |
|---|---|---|
| Expense Ratio | 0.79% | 0.69%Best |
| AUM | $98M | $189M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 21 | 23 |
| YTD Return | +4.38%Best | +3.94% |
| 1Y Return | +6.14% | +6.78%Best |
| 3Y Return (annualized) | - | +12.25% |
| Volatility (annualized) | 3.4%Best | 8.5% |
| Max Drawdown | -6.1%Best | -14.8% |
| $10,000 over 2.3 years | $11,752 | $12,210Best |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jul 1, 2024 | Oct 2, 2023 |
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).
AJUL vs EALT 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.
AJUL vs EALT Performance
Innovator Equity Defined Protection ETF - 2 Yr to July 2026 (AJUL) is an ETF from Innovator ETFs Trust and Innovator US Equity 5 to 15 Buffer ETF - Quarterly (EALT) is an ETF from Innovator ETFs Trust. Over the past year AJUL returned +6.14% while EALT returned +6.78%. Year to date, AJUL is up 4.38% versus a gain of 3.94% for EALT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EALT has been the more volatile fund, with annualized monthly volatility of 8.5% compared with 3.4% for AJUL. 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 -6.1% for AJUL and -14.8% for EALT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AJUL charges 0.79% per year while EALT charges 0.69%. On a $10,000 position that is $79 vs $69 annually, a gap of $10 per year that compounds over a long holding period. On income, AJUL currently yields 0.00% against 0.00% for EALT.
Holdings Overlap
We hold position weights for 1 holding in AJUL and 1 in EALT, totalling 99.5% and 100.0% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 1 positions we hold weights for in AJUL and 1 in EALT, against full books of 21 and 23.
Top Shared Holdings
| Stock | Weight in AJUL | Weight in EALT | Difference |
|---|---|---|---|
| VOOVanguard S&P 500 ETF | 99.47% | 99.95% | 0.48% |
You are not choosing between two funds in isolation.
Whichever of AJUL and EALT 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, AJUL or EALT?
AJUL has an expense ratio of 0.79% while EALT charges 0.69%. EALT is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, AJUL or EALT?
Over the past year AJUL returned +6.14% vs +6.78% for EALT, so EALT leads on 1-year performance. Over the longest common window we track (2 years), AJUL annualized +7.27% vs +9.07% for EALT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AJUL or EALT?
EALT has been the more volatile fund at 8.5% annualized versus 3.4% for AJUL. Worst drawdown: AJUL -6.1% vs EALT -14.8%.
Should I hold both AJUL and EALT?
AJUL and EALT have a monthly-return correlation of 0.88, 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, AJUL or EALT?
AJUL yields 0.00% while EALT yields 0.00%, so EALT currently pays the higher dividend yield.
Is EALT better than AJUL?
EALT has a lower expense ratio. EALT 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.