IAUG vs ISEP
Innovator International Developed Power Buffer ETF - August vs Innovator International Developed Power Buffer ETF - September
Which is better, IAUG or ISEP?
ISEP has been ahead.
ISEP led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.97.
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 | IAUG | ISEP |
|---|---|---|
| Expense Ratio | 0.85%Tie | 0.85%Tie |
| AUM | $77M | $106M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 18 | 18 |
| YTD Return | +4.97% | +6.02%Best |
| 1Y Return | +7.86% | +9.35%Best |
| 3Y Return (annualized) | - | +12.44% |
| Volatility (annualized) | 6.3%Best | 7.0% |
| Max Drawdown | -8.0% | -7.4%Best |
| $10,000 over 2.2 years | $12,259 | $12,774Best |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Jul 31, 2024 | Sep 1, 2023 |
Not shown on this pair: 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: Aug 1, 2024 to Oct 14, 2026 (2.2 years).
IAUG vs ISEP 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.
IAUG vs ISEP Performance
Innovator International Developed Power Buffer ETF - August (IAUG) is an ETF from Innovator ETFs Trust and Innovator International Developed Power Buffer ETF - September (ISEP) is an ETF from Innovator ETFs Trust. Over the past year IAUG returned +7.86% while ISEP returned +9.35%. Year to date, IAUG is up 4.97% versus a gain of 6.02% for ISEP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ISEP has been the more volatile fund, with annualized monthly volatility of 7.0% compared with 6.3% for IAUG. 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 -8.0% for IAUG and -7.4% for ISEP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IAUG charges 0.85% per year while ISEP charges 0.85%. On a $10,000 position that is $85 vs $85 annually. On income, IAUG currently yields 0.00% against 0.00% for ISEP.
You are not choosing between two funds in isolation.
Whichever of IAUG and ISEP 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, IAUG or ISEP?
IAUG has an expense ratio of 0.85% while ISEP charges 0.85%. At the precision these are quoted to, they cost the same.
Which performed better, IAUG or ISEP?
Over the past year IAUG returned +7.86% vs +9.35% for ISEP, so ISEP leads on 1-year performance. Over the longest common window we track (2 years), IAUG annualized +9.70% vs +11.77% for ISEP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IAUG or ISEP?
ISEP has been the more volatile fund at 7.0% annualized versus 6.3% for IAUG. Worst drawdown: IAUG -8.0% vs ISEP -7.4%.
Should I hold both IAUG and ISEP?
IAUG and ISEP have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, IAUG or ISEP?
IAUG yields 0.00% while ISEP yields 0.00%, so ISEP currently pays the higher dividend yield.
Is ISEP better than IAUG?
ISEP led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.97. Which one suits a particular account depends on what it is for. This is information, not a recommendation.