BJUL vs XBAP
Innovator U.S. Equity Buffer ETF - July vs Innovator US Equity Accelerated 9 Buffer ETF - April
Which is better, BJUL or XBAP?
Each has led over a different period.
BJUL led over 3Y, 5Y and the full window, XBAP over 1Y.
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 | XBAP |
|---|---|---|
| Expense Ratio | 0.79%Tie | 0.79%Tie |
| AUM | $364M | $129M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 18 | 27 |
| YTD Return | +10.03% | +11.62%Best |
| 1Y Return | +12.96% | +14.12%Best |
| 3Y Return (annualized) | +16.95%Best | +13.89% |
| 5Y Return (annualized) | +11.62%Best | +9.89% |
| Volatility (annualized) | 10.2% | 8.5%Best |
| Max Drawdown | -14.1%Best | -14.6% |
| $10,000 over 5 years | $17,326Best | $16,025 |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Aug 28, 2018 | Mar 31, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 1, 2021 to Oct 15, 2026 (5.5 years).
BJUL vs XBAP 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 5.5 years both funds cover.
BJUL vs XBAP Performance
Innovator U.S. Equity Buffer ETF - July (BJUL) is an ETF from Innovator ETFs Trust and Innovator US Equity Accelerated 9 Buffer ETF - April (XBAP) is an ETF from Innovator ETFs Trust. Over the past year BJUL returned +12.96% while XBAP returned +14.12%. Year to date, BJUL is up 10.03% versus a gain of 11.62% for XBAP.
Over three years, BJUL compounded at +16.95% per year against +13.89% for XBAP; over five years the annualized figures are +11.62% and +9.89% respectively. Across the full 6-year window we track, BJUL has the edge at +11.22% annualized vs +9.94%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BJUL has been the more volatile fund, with annualized monthly volatility of 10.2% compared with 8.5% for XBAP. 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 -14.6% for XBAP. 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
BJUL charges 0.79% per year while XBAP charges 0.79%. On a $10,000 position that is $79 vs $79 annually. On income, BJUL currently yields 0.00% against 0.00% for XBAP.
You are not choosing between two funds in isolation.
Whichever of BJUL and XBAP 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 XBAP?
BJUL has an expense ratio of 0.79% while XBAP charges 0.79%. At the precision these are quoted to, they cost the same.
Which performed better, BJUL or XBAP?
Over the past year BJUL returned +12.96% vs +14.12% for XBAP, so XBAP leads on 1-year performance. Over the longest common window we track (6 years), BJUL annualized +11.22% vs +9.94% for XBAP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BJUL or XBAP?
BJUL has been the more volatile fund at 10.2% annualized versus 8.5% for XBAP. Worst drawdown: BJUL -14.1% vs XBAP -14.6%.
Should I hold both BJUL and XBAP?
BJUL and XBAP 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, BJUL or XBAP?
BJUL yields 0.00% while XBAP yields 0.00%, so XBAP currently pays the higher dividend yield.
Is XBAP better than BJUL?
BJUL led over 3Y, 5Y and the full window, XBAP over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.