GIAX vs ZJUL
Nicholas Global Equity and Income ETF vs Innovator Equity Defined Protection ETF - 1 Yr July
Which is better, GIAX or ZJUL?
GIAX has been ahead.
ZJUL has a lower expense ratio. GIAX 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 | GIAX | ZJUL |
|---|---|---|
| Expense Ratio | 1.03% | 0.79%Best |
| AUM | $115M | $194M |
| Dividend Yield | 24.34% | 0.00% |
| Holdings | 87 | 21 |
| YTD Return | +12.20%Best | +4.45% |
| 1Y Return | +12.86%Best | +5.64% |
| Volatility (annualized) | 20.7% | 3.3%Best |
| Max Drawdown | -20.4% | -5.5%Best |
| $10,000 over 2.2 years | $13,082Best | $11,648 |
| Fund Family | XFunds | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jul 29, 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 2.2 years row, are measured over the window both funds cover: Jul 30, 2024 to Oct 14, 2026 (2.2 years).
GIAX 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 2.2 years both funds cover.
GIAX vs ZJUL Performance
Nicholas Global Equity and Income ETF (GIAX) is an ETF from XFunds and Innovator Equity Defined Protection ETF - 1 Yr July (ZJUL) is an ETF from Innovator ETFs Trust. Over the past year GIAX returned +12.86% while ZJUL returned +5.64%. Year to date, GIAX is up 12.20% versus a gain of 4.45% for ZJUL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GIAX has been the more volatile fund, with annualized monthly volatility of 20.7% 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 -20.4% for GIAX 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 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GIAX charges 1.03% per year while ZJUL charges 0.79%. On a $10,000 position that is $103 vs $79 annually, a gap of $24 per year that compounds over a long holding period. On income, GIAX currently yields 24.34% against 0.00% for ZJUL.
Holdings Overlap
At least 6.8% of GIAX's money is in holdings ZJUL also owns.
Stated as a floor: for ZJUL, our book for it covers 100.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
GIAX and ZJUL share little of their money.
1 positions in common, counted across the 27 positions we hold weights for in GIAX and 1 in ZJUL, against full books of 87 and 21.
Top Shared Holdings
| Stock | Weight in GIAX | Weight in ZJUL | Difference |
|---|---|---|---|
| VOOVanguard S&P 500 ETF | 6.85% | 100.07% | 93.22% |
You are not choosing between two funds in isolation.
Whichever of GIAX 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, GIAX or ZJUL?
GIAX has an expense ratio of 1.03% while ZJUL charges 0.79%. ZJUL is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, GIAX or ZJUL?
Over the past year GIAX returned +12.86% vs +5.64% for ZJUL, so GIAX leads on 1-year performance. Over the longest common window we track (2 years), GIAX annualized +12.99% vs +7.18% for ZJUL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GIAX or ZJUL?
GIAX has been the more volatile fund at 20.7% annualized versus 3.3% for ZJUL. Worst drawdown: GIAX -20.4% vs ZJUL -5.5%.
Should I hold both GIAX and ZJUL?
GIAX and ZJUL have a monthly-return correlation of 0.62, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between GIAX and ZJUL?
At least 6.8% of GIAX's money is in holdings ZJUL also owns. Our book for ZJUL is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 27 positions we hold weights for in GIAX and 1 in ZJUL.
Which pays a higher dividend, GIAX or ZJUL?
GIAX yields 24.34% while ZJUL yields 0.00%, so GIAX currently pays the higher dividend yield.
Is ZJUL better than GIAX?
ZJUL has a lower expense ratio. GIAX 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.