BJUL vs OARK
Innovator U.S. Equity Buffer ETF - July vs YieldMax Innovation Option Income Strategy ETF
Which is better, BJUL or OARK?
Each has led over a different period.
BJUL has a lower expense ratio. BJUL led over 1Y and the full window, OARK over 3Y.
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 | BJUL | OARK |
|---|---|---|
| Expense Ratio | 0.79%Best | 1.00% |
| AUM | $364M | $31M |
| Dividend Yield | 0.00% | 56.20% |
| Holdings | 18 | 28 |
| YTD Return | +9.76%Best | +6.44% |
| 1Y Return | +12.85%Best | -0.78% |
| 3Y Return (annualized) | +16.87% | +18.07%Best |
| 5Y Return (annualized) | +11.67% | - |
| Volatility (annualized) | 9.1%Best | 29.3% |
| Max Drawdown | -14.1%Best | -35.5% |
| $10,000 over 3.9 years | $17,512Best | $15,380 |
| Fund Family | Innovator ETFs Trust | YieldMax ETF |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Aug 28, 2018 | Nov 22, 2022 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Nov 23, 2022 to Oct 14, 2026 (3.9 years).
BJUL vs OARK 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 3.9 years both funds cover.
BJUL vs OARK Performance
Innovator U.S. Equity Buffer ETF - July (BJUL) is an ETF from Innovator ETFs Trust and YieldMax Innovation Option Income Strategy ETF (OARK) is an ETF from YieldMax ETF. Over the past year BJUL returned +12.85% while OARK returned -0.78%. Year to date, BJUL is up 9.76% versus a gain of 6.44% for OARK.
Over three years, BJUL compounded at +16.87% per year against +18.07% for OARK. Across the full 4-year window we track, BJUL has the edge at +15.45% annualized vs +11.67%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OARK has been the more volatile fund, with annualized monthly volatility of 29.3% compared with 9.1% for BJUL. 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 -14.1% for BJUL and -35.5% for OARK. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BJUL charges 0.79% per year while OARK charges 1.00%. On a $10,000 position that is $79 vs $100 annually, a gap of $21 per year that compounds over a long holding period. On income, BJUL currently yields 0.00% against 56.20% for OARK.
You are not choosing between two funds in isolation.
Whichever of BJUL and OARK 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, BJUL or OARK?
BJUL has an expense ratio of 0.79% while OARK charges 1.00%. BJUL is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, BJUL or OARK?
Over the past year BJUL returned +12.85% vs -0.78% for OARK, so BJUL leads on 1-year performance. Over the longest common window we track (4 years), BJUL annualized +15.45% vs +11.67% for OARK. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BJUL or OARK?
OARK has been the more volatile fund at 29.3% annualized versus 9.1% for BJUL. Worst drawdown: BJUL -14.1% vs OARK -35.5%.
Should I hold both BJUL and OARK?
BJUL and OARK have a monthly-return correlation of 0.72, 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, BJUL or OARK?
BJUL yields 0.00% while OARK yields 56.20%, so OARK currently pays the higher dividend yield.
Is OARK better than BJUL?
BJUL has a lower expense ratio. BJUL led over 1Y and the full window, OARK over 3Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.