EALT vs ZJUL
Innovator US Equity 5 to 15 Buffer ETF - Quarterly vs Innovator Equity Defined Protection ETF - 1 Yr July
Which is better, EALT or ZJUL?
EALT has been ahead.
EALT has a lower expense ratio. EALT 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 | EALT | ZJUL |
|---|---|---|
| Expense Ratio | 0.69%Best | 0.79% |
| AUM | $189M | $194M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 23 | 21 |
| YTD Return | +3.94% | +4.45%Best |
| 1Y Return | +6.78%Best | +5.64% |
| 3Y Return (annualized) | +12.25% | - |
| Volatility (annualized) | 8.5% | 3.3%Best |
| Max Drawdown | -14.8% | -5.5%Best |
| $10,000 over 2.3 years | $12,210Best | $11,691 |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Oct 2, 2023 | Jul 1, 2024 |
Not shown on this pair: 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).
EALT vs ZJUL 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.
EALT vs ZJUL Performance
Innovator US Equity 5 to 15 Buffer ETF - Quarterly (EALT) is an ETF from Innovator ETFs Trust and Innovator Equity Defined Protection ETF - 1 Yr July (ZJUL) is an ETF from Innovator ETFs Trust. Over the past year EALT returned +6.78% while ZJUL returned +5.64%. Year to date, EALT is up 3.94% versus a gain of 4.45% for ZJUL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EALT has been the more volatile fund, with annualized monthly volatility of 8.5% compared with 3.3% for ZJUL. 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 -14.8% for EALT and -5.5% for ZJUL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EALT charges 0.69% per year while ZJUL charges 0.79%. On a $10,000 position that is $69 vs $79 annually, a gap of $10 per year that compounds over a long holding period. On income, EALT currently yields 0.00% against 0.00% for ZJUL.
Holdings Overlap
We hold position weights for 1 holding in EALT and 1 in ZJUL, totalling 100.0% and 100.1% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 1 positions we hold weights for in EALT and 1 in ZJUL, against full books of 23 and 21.
Top Shared Holdings
| Stock | Weight in EALT | Weight in ZJUL | Difference |
|---|---|---|---|
| VOOVanguard S&P 500 ETF | 99.95% | 100.07% | 0.12% |
You are not choosing between two funds in isolation.
Whichever of EALT and ZJUL 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, EALT or ZJUL?
EALT has an expense ratio of 0.69% while ZJUL charges 0.79%. EALT is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, EALT or ZJUL?
Over the past year EALT returned +6.78% vs +5.64% for ZJUL, so EALT leads on 1-year performance. Over the longest common window we track (2 years), EALT annualized +9.07% vs +7.03% for ZJUL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EALT or ZJUL?
EALT has been the more volatile fund at 8.5% annualized versus 3.3% for ZJUL. Worst drawdown: EALT -14.8% vs ZJUL -5.5%.
Should I hold both EALT and ZJUL?
EALT and ZJUL have a monthly-return correlation of 0.87, 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, EALT or ZJUL?
EALT yields 0.00% while ZJUL yields 0.00%, so ZJUL currently pays the higher dividend yield.
Is ZJUL better than EALT?
EALT has a lower expense ratio. EALT 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.