IJUL vs ISEP
Innovator International Developed Power Buffer ETF - July vs Innovator International Developed Power Buffer ETF - September
Which is better, IJUL or ISEP?
Each has led over a different period.
IJUL led over 1Y, ISEP over 3Y 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 | IJUL | ISEP |
|---|---|---|
| Expense Ratio | 0.85%Tie | 0.85%Tie |
| AUM | $253M | $106M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 18 | 18 |
| YTD Return | +7.31%Best | +6.49% |
| 1Y Return | +10.36%Best | +9.60% |
| 3Y Return (annualized) | +12.40% | +12.60%Best |
| 5Y Return (annualized) | +8.04% | - |
| Volatility (annualized) | 7.5%Best | 7.6% |
| Max Drawdown | -8.3% | -7.4%Best |
| $10,000 over 3.1 years | $13,828 | $13,924Best |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Jun 28, 2019 | Sep 1, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Sep 1, 2023 to Oct 15, 2026 (3.1 years).
IJUL 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 3.1 years both funds cover.
IJUL vs ISEP Performance
Innovator International Developed Power Buffer ETF - July (IJUL) 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 IJUL returned +10.36% while ISEP returned +9.60%. Year to date, IJUL is up 7.31% versus a gain of 6.49% for ISEP.
Over three years, IJUL compounded at +12.40% per year against +12.60% 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 7.6% compared with 7.5% for IJUL. 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 -8.3% for IJUL 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
IJUL charges 0.85% per year while ISEP charges 0.85%. On a $10,000 position that is $85 vs $85 annually. On income, IJUL currently yields 0.00% against 0.00% for ISEP.
You are not choosing between two funds in isolation.
Whichever of IJUL 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, IJUL or ISEP?
IJUL 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, IJUL or ISEP?
Over the past year IJUL returned +10.36% vs +9.60% for ISEP, so IJUL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IJUL or ISEP?
ISEP has been the more volatile fund at 7.6% annualized versus 7.5% for IJUL. Worst drawdown: IJUL -8.3% vs ISEP -7.4%.
Should I hold both IJUL and ISEP?
IJUL 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, IJUL or ISEP?
IJUL yields 0.00% while ISEP yields 0.00%, so ISEP currently pays the higher dividend yield.
Is ISEP better than IJUL?
IJUL led over 1Y, ISEP over 3Y 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.