NJAN vs NJUL
Innovator Growth 100 Power Buffer ETF - January vs Innovator Growth-100 Power Buffer ETF - July
Which is better, NJAN or NJUL?
Each has led over a different period.
NJAN led over 1Y, NJUL over 3Y, 5Y 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 | NJAN | NJUL |
|---|---|---|
| Expense Ratio | 0.79%Tie | 0.79%Tie |
| AUM | $340M | $274M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 18 | 18 |
| YTD Return | +10.68%Best | +7.57% |
| 1Y Return | +14.40%Best | +10.18% |
| 3Y Return (annualized) | +14.14% | +14.72%Best |
| 5Y Return (annualized) | +7.84% | +10.70%Best |
| Volatility (annualized) | 9.8% | 9.4%Best |
| Max Drawdown | -20.7% | -14.4%Best |
| $10,000 over 5 years | $14,585 | $16,624Best |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jan 1, 2020 | Jun 30, 2020 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jul 1, 2020 to Oct 14, 2026 (6.3 years).
NJAN vs NJUL 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 6.3 years both funds cover.
NJAN vs NJUL Performance
Innovator Growth 100 Power Buffer ETF - January (NJAN) is an ETF from Innovator ETFs Trust and Innovator Growth-100 Power Buffer ETF - July (NJUL) is an ETF from Innovator ETFs Trust. Over the past year NJAN returned +14.40% while NJUL returned +10.18%. Year to date, NJAN is up 10.68% versus a gain of 7.57% for NJUL.
Over three years, NJAN compounded at +14.14% per year against +14.72% for NJUL; over five years the annualized figures are +7.84% and +10.70% respectively. Across the full 6-year window we track, NJUL has the edge at +10.69% annualized vs +8.37%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NJAN has been the more volatile fund, with annualized monthly volatility of 9.8% compared with 9.4% for NJUL. 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 -20.7% for NJAN and -14.4% for NJUL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NJAN charges 0.79% per year while NJUL charges 0.79%. On a $10,000 position that is $79 vs $79 annually. On income, NJAN currently yields 0.00% against 0.00% for NJUL.
You are not choosing between two funds in isolation.
Whichever of NJAN and NJUL 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, NJAN or NJUL?
NJAN has an expense ratio of 0.79% while NJUL charges 0.79%. At the precision these are quoted to, they cost the same.
Which performed better, NJAN or NJUL?
Over the past year NJAN returned +14.40% vs +10.18% for NJUL, so NJAN leads on 1-year performance. Over the longest common window we track (6 years), NJAN annualized +8.37% vs +10.69% for NJUL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NJAN or NJUL?
NJAN has been the more volatile fund at 9.8% annualized versus 9.4% for NJUL. Worst drawdown: NJAN -20.7% vs NJUL -14.4%.
Should I hold both NJAN and NJUL?
NJAN and NJUL have a monthly-return correlation of 0.89, 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, NJAN or NJUL?
NJAN yields 0.00% while NJUL yields 0.00%, so NJUL currently pays the higher dividend yield.
Is NJUL better than NJAN?
NJAN led over 1Y, NJUL over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.