DECP vs LJUL
PGIM S&P 500 Buffer 12 ETF - December vs Innovator Premium Income 15 Buffer ETF - July
Which is better, DECP or LJUL?
DECP has been ahead.
DECP has a lower expense ratio. DECP 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 | DECP | LJUL |
|---|---|---|
| Expense Ratio | 0.50%Best | 0.79% |
| AUM | $34M | $9M |
| Dividend Yield | 0.00% | 5.23% |
| Holdings | 14 | 39 |
| YTD Return | +10.38%Best | -0.15% |
| 1Y Return | +14.98%Best | +0.85% |
| Volatility (annualized) | 7.0% | 1.2%Best |
| Max Drawdown | -12.1% | -3.2%Best |
| $10,000 over 2.3 years | $13,192Best | $10,884 |
| Fund Family | PGIM Investments | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | May 24, 2024 | Jul 1, 2024 |
Not shown on this pair: 3Y Return (annualized), 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).
DECP vs LJUL 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.
DECP vs LJUL Performance
PGIM S&P 500 Buffer 12 ETF - December (DECP) is an ETF from PGIM Investments and Innovator Premium Income 15 Buffer ETF - July (LJUL) is an ETF from Innovator ETFs Trust. Over the past year DECP returned +14.98% while LJUL returned +0.85%. Year to date, DECP is up 10.38% versus a loss of 0.15% for LJUL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DECP has been the more volatile fund, with annualized monthly volatility of 7.0% compared with 1.2% for LJUL. 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 -12.1% for DECP and -3.2% for LJUL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.41. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DECP charges 0.50% per year while LJUL charges 0.79%. On a $10,000 position that is $50 vs $79 annually, a gap of $29 per year that compounds over a long holding period. On income, DECP currently yields 0.00% against 5.23% for LJUL.
You are not choosing between two funds in isolation.
Whichever of DECP and LJUL 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, DECP or LJUL?
DECP has an expense ratio of 0.50% while LJUL charges 0.79%. DECP is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, DECP or LJUL?
Over the past year DECP returned +14.98% vs +0.85% for LJUL, so DECP leads on 1-year performance. Over the longest common window we track (2 years), DECP annualized +12.80% vs +3.75% for LJUL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DECP or LJUL?
DECP has been the more volatile fund at 7.0% annualized versus 1.2% for LJUL. Worst drawdown: DECP -12.1% vs LJUL -3.2%.
Should I hold both DECP and LJUL?
DECP and LJUL have a monthly-return correlation of 0.41, 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, DECP or LJUL?
DECP yields 0.00% while LJUL yields 5.23%, so LJUL currently pays the higher dividend yield.
Is LJUL better than DECP?
DECP has a lower expense ratio. DECP 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.