JUNP vs LOCT
PGIM S&P 500 Buffer 12 ETF - June vs Innovator Premium Income 15 Buffer ETF - October
Which is better, JUNP or LOCT?
JUNP has been ahead.
JUNP has a lower expense ratio. JUNP 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 | JUNP | LOCT |
|---|---|---|
| Expense Ratio | 0.50%Best | 0.79% |
| AUM | $99M | $11M |
| Dividend Yield | 0.00% | 5.18% |
| Holdings | 6 | 12 |
| YTD Return | +6.14%Best | -0.06% |
| 1Y Return | +9.00%Best | +1.20% |
| 3Y Return (annualized) | - | -0.04% |
| Volatility (annualized) | 5.8% | 1.7%Best |
| Max Drawdown | -11.2% | -4.7%Best |
| $10,000 over 2.4 years | $13,042Best | $10,838 |
| Fund Family | PGIM Investments | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | May 31, 2024 | Oct 2, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: Jun 3, 2024 to Oct 14, 2026 (2.4 years).
JUNP vs LOCT 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 2.4 years both funds cover.
JUNP vs LOCT Performance
PGIM S&P 500 Buffer 12 ETF - June (JUNP) is an ETF from PGIM Investments and Innovator Premium Income 15 Buffer ETF - October (LOCT) is an ETF from Innovator ETFs Trust. Over the past year JUNP returned +9.00% while LOCT returned +1.20%. Year to date, JUNP is up 6.14% versus a loss of 0.06% for LOCT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JUNP has been the more volatile fund, with annualized monthly volatility of 5.8% compared with 1.7% for LOCT. 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 -11.2% for JUNP and -4.7% for LOCT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JUNP charges 0.50% per year while LOCT charges 0.79%. On a $10,000 position that is $50 vs $79 annually, a gap of $29 per year that compounds over a long holding period. On income, JUNP currently yields 0.00% against 5.18% for LOCT.
You are not choosing between two funds in isolation.
Whichever of JUNP and LOCT 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, JUNP or LOCT?
JUNP has an expense ratio of 0.50% while LOCT charges 0.79%. JUNP is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, JUNP or LOCT?
Over the past year JUNP returned +9.00% vs +1.20% for LOCT, so JUNP leads on 1-year performance. Over the longest common window we track (2 years), JUNP annualized +11.70% vs +3.41% for LOCT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JUNP or LOCT?
JUNP has been the more volatile fund at 5.8% annualized versus 1.7% for LOCT. Worst drawdown: JUNP -11.2% vs LOCT -4.7%.
Should I hold both JUNP and LOCT?
JUNP and LOCT have a monthly-return correlation of 0.81, 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, JUNP or LOCT?
JUNP yields 0.00% while LOCT yields 5.18%, so LOCT currently pays the higher dividend yield.
Is LOCT better than JUNP?
JUNP has a lower expense ratio. JUNP 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.