CAOS vs JULJ
Alpha Architect Tail Risk ETF vs Innovator Premium Income 30 Barrier ETF - July
Which is better, CAOS or JULJ?
Each has led over a different period.
CAOS has a lower expense ratio. CAOS led over 1Y and the full window, JULJ 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 | CAOS | JULJ |
|---|---|---|
| Expense Ratio | 0.63%Best | 0.79% |
| AUM | $705M | $14M |
| Dividend Yield | 0.00% | 4.49% |
| Holdings | 12 | 27 |
| YTD Return | +1.68%Best | -0.22% |
| 1Y Return | +1.45%Best | -0.40% |
| 3Y Return (annualized) | +3.57% | +4.02%Best |
| Volatility (annualized) | 1.6%Best | 1.9% |
| Max Drawdown | -3.6%Best | -12.7% |
| $10,000 over 3.3 years | $11,285Best | $10,017 |
| Fund Family | Alpha Architect | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Aug 14, 2013 | Jul 3, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.3 years row, are measured over the window both funds cover: Jul 3, 2023 to Oct 14, 2026 (3.3 years).
CAOS vs JULJ 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 3.3 years both funds cover.
CAOS vs JULJ Performance
Alpha Architect Tail Risk ETF (CAOS) is an ETF from Alpha Architect and Innovator Premium Income 30 Barrier ETF - July (JULJ) is an ETF from Innovator ETFs Trust. Over the past year CAOS returned +1.45% while JULJ returned -0.40%. Year to date, CAOS is up 1.68% versus a loss of 0.22% for JULJ.
Over three years, CAOS compounded at +3.57% per year against +4.02% for JULJ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JULJ has been the more volatile fund, with annualized monthly volatility of 1.9% compared with 1.6% for CAOS. 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 -3.6% for CAOS and -12.7% for JULJ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.25. They move largely independently of each other.
Fees and Cost Over Time
CAOS charges 0.63% per year while JULJ charges 0.79%. On a $10,000 position that is $63 vs $79 annually, a gap of $16 per year that compounds over a long holding period. On income, CAOS currently yields 0.00% against 4.49% for JULJ.
You are not choosing between two funds in isolation.
Whichever of CAOS and JULJ 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, CAOS or JULJ?
CAOS has an expense ratio of 0.63% while JULJ charges 0.79%. CAOS is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, CAOS or JULJ?
Over the past year CAOS returned +1.45% vs -0.40% for JULJ, so CAOS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CAOS or JULJ?
JULJ has been the more volatile fund at 1.9% annualized versus 1.6% for CAOS. Worst drawdown: CAOS -3.6% vs JULJ -12.7%.
Should I hold both CAOS and JULJ?
CAOS and JULJ have a monthly-return correlation of 0.25, 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, CAOS or JULJ?
CAOS yields 0.00% while JULJ yields 4.49%, so JULJ currently pays the higher dividend yield.
Is JULJ better than CAOS?
CAOS has a lower expense ratio. CAOS led over 1Y and the full window, JULJ over 3Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.