BJUL vs WDTE
Innovator U.S. Equity Buffer ETF - July vs Defiance S&P 500 Weekly Distribution ETF
Which is better, BJUL or WDTE?
Each has led over a different period.
BJUL has a lower expense ratio. BJUL led over 3Y and the full window, WDTE over 1Y. The two have moved almost in lockstep, correlation 0.91.
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 | WDTE |
|---|---|---|
| Expense Ratio | 0.79%Best | 1.03% |
| AUM | $364M | $73M |
| Dividend Yield | 0.00% | 32.78% |
| Holdings | 18 | 10 |
| YTD Return | +9.76% | +13.58%Best |
| 1Y Return | +12.85% | +16.98%Best |
| 3Y Return (annualized) | +16.87%Best | +14.59% |
| 5Y Return (annualized) | +11.67% | - |
| Volatility (annualized) | 8.3%Best | 10.2% |
| Max Drawdown | -14.1%Best | -15.8% |
| $10,000 over 3.1 years | $15,842Best | $15,076 |
| Fund Family | Innovator ETFs Trust | Defiance ETFs, LLC |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Aug 28, 2018 | Sep 18, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Sep 19, 2023 to Oct 14, 2026 (3.1 years).
BJUL vs WDTE 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 3.1 years both funds cover.
BJUL vs WDTE Performance
Innovator U.S. Equity Buffer ETF - July (BJUL) is an ETF from Innovator ETFs Trust and Defiance S&P 500 Weekly Distribution ETF (WDTE) is an ETF from Defiance ETFs, LLC. Over the past year BJUL returned +12.85% while WDTE returned +16.98%. Year to date, BJUL is up 9.76% versus a gain of 13.58% for WDTE.
Over three years, BJUL compounded at +16.87% per year against +14.59% for WDTE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WDTE has been the more volatile fund, with annualized monthly volatility of 10.2% compared with 8.3% 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 -15.8% for WDTE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BJUL charges 0.79% per year while WDTE charges 1.03%. On a $10,000 position that is $79 vs $103 annually, a gap of $24 per year that compounds over a long holding period. On income, BJUL currently yields 0.00% against 32.78% for WDTE.
You are not choosing between two funds in isolation.
Whichever of BJUL and WDTE 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 WDTE?
BJUL has an expense ratio of 0.79% while WDTE charges 1.03%. BJUL is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, BJUL or WDTE?
Over the past year BJUL returned +12.85% vs +16.98% for WDTE, so WDTE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BJUL or WDTE?
WDTE has been the more volatile fund at 10.2% annualized versus 8.3% for BJUL. Worst drawdown: BJUL -14.1% vs WDTE -15.8%.
Should I hold both BJUL and WDTE?
BJUL and WDTE have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, BJUL or WDTE?
BJUL yields 0.00% while WDTE yields 32.78%, so WDTE currently pays the higher dividend yield.
Is WDTE better than BJUL?
BJUL has a lower expense ratio. BJUL led over 3Y and the full window, WDTE over 1Y. The two have moved almost in lockstep, correlation 0.91. Which one suits a particular account depends on what it is for. This is information, not a recommendation.