LJAN vs PMAR
Innovator Premium Income 15 Buffer ETF - January vs Innovator US Equity Power Buffer ETF - March
Which is better, LJAN or PMAR?
PMAR has been ahead.
PMAR 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 | LJAN | PMAR |
|---|---|---|
| Expense Ratio | 0.79%Tie | 0.79%Tie |
| AUM | $12M | $751M |
| Dividend Yield | 4.91% | 0.00% |
| Holdings | 19 | 18 |
| YTD Return | +0.69% | +9.41%Best |
| 1Y Return | +0.10% | +12.02%Best |
| 3Y Return (annualized) | - | +13.21% |
| 5Y Return (annualized) | - | +9.62% |
| Volatility (annualized) | 1.7%Best | 5.3% |
| Max Drawdown | -5.9%Best | -9.3% |
| $10,000 over 2.8 years | $10,093 | $13,841Best |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Jan 2, 2024 | Mar 2, 2020 |
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 15, 2026 (2.8 years).
LJAN vs PMAR 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.
LJAN vs PMAR Performance
Innovator Premium Income 15 Buffer ETF - January (LJAN) is an ETF from Innovator ETFs Trust and Innovator US Equity Power Buffer ETF - March (PMAR) is an ETF from Innovator ETFs Trust. Over the past year LJAN returned +0.10% while PMAR returned +12.02%. Year to date, LJAN is up 0.69% versus a gain of 9.41% for PMAR.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PMAR has been the more volatile fund, with annualized monthly volatility of 5.3% compared with 1.7% for LJAN. 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 -5.9% for LJAN and -9.3% for PMAR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
LJAN charges 0.79% per year while PMAR charges 0.79%. On a $10,000 position that is $79 vs $79 annually. On income, LJAN currently yields 4.91% against 0.00% for PMAR.
You are not choosing between two funds in isolation.
Whichever of LJAN and PMAR 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, LJAN or PMAR?
LJAN has an expense ratio of 0.79% while PMAR charges 0.79%. At the precision these are quoted to, they cost the same.
Which performed better, LJAN or PMAR?
Over the past year LJAN returned +0.10% vs +12.02% for PMAR, so PMAR leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LJAN or PMAR?
PMAR has been the more volatile fund at 5.3% annualized versus 1.7% for LJAN. Worst drawdown: LJAN -5.9% vs PMAR -9.3%.
Should I hold both LJAN and PMAR?
LJAN and PMAR have a monthly-return correlation of 0.87, 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, LJAN or PMAR?
LJAN yields 4.91% while PMAR yields 0.00%, so LJAN currently pays the higher dividend yield.
Is PMAR better than LJAN?
PMAR 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.