JANJ vs PDEC
Innovator Premium Income 30 Barrier ETF - January vs Innovator US Equity Power Buffer ETF - December
Which is better, JANJ or PDEC?
PDEC has been ahead.
PDEC 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 | JANJ | PDEC |
|---|---|---|
| Expense Ratio | 0.79%Tie | 0.79%Tie |
| AUM | $14M | $996M |
| Dividend Yield | 5.03% | 0.00% |
| Holdings | 19 | 18 |
| YTD Return | +0.61% | +9.31%Best |
| 1Y Return | +0.08% | +13.15%Best |
| 3Y Return (annualized) | - | +13.00% |
| 5Y Return (annualized) | - | +8.90% |
| Volatility (annualized) | 3.0%Best | 5.7% |
| Max Drawdown | -7.6%Best | -10.8% |
| $10,000 over 2.8 years | $10,079 | $13,587Best |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Jan 2, 2024 | Dec 1, 2019 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Jan 2, 2024 to Oct 14, 2026 (2.8 years).
JANJ vs PDEC 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
JANJ vs PDEC Performance
Innovator Premium Income 30 Barrier ETF - January (JANJ) is an ETF from Innovator ETFs Trust and Innovator US Equity Power Buffer ETF - December (PDEC) is an ETF from Innovator ETFs Trust. Over the past year JANJ returned +0.08% while PDEC returned +13.15%. Year to date, JANJ is up 0.61% versus a gain of 9.31% for PDEC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PDEC has been the more volatile fund, with annualized monthly volatility of 5.7% compared with 3.0% for JANJ. 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 -7.6% for JANJ and -10.8% for PDEC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JANJ charges 0.79% per year while PDEC charges 0.79%. On a $10,000 position that is $79 vs $79 annually. On income, JANJ currently yields 5.03% against 0.00% for PDEC.
You are not choosing between two funds in isolation.
Whichever of JANJ and PDEC 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, JANJ or PDEC?
JANJ has an expense ratio of 0.79% while PDEC charges 0.79%. At the precision these are quoted to, they cost the same.
Which performed better, JANJ or PDEC?
Over the past year JANJ returned +0.08% vs +13.15% for PDEC, so PDEC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JANJ or PDEC?
PDEC has been the more volatile fund at 5.7% annualized versus 3.0% for JANJ. Worst drawdown: JANJ -7.6% vs PDEC -10.8%.
Should I hold both JANJ and PDEC?
JANJ and PDEC have a monthly-return correlation of 0.70, 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, JANJ or PDEC?
JANJ yields 5.03% while PDEC yields 0.00%, so JANJ currently pays the higher dividend yield.
Is PDEC better than JANJ?
PDEC 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.