PMAY vs ZJUL
Innovator US Equity Power Buffer ETF - May vs Innovator Equity Defined Protection ETF - 1 Yr July
Which is better, PMAY or ZJUL?
PMAY has been ahead.
PMAY led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91.
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 | PMAY | ZJUL |
|---|---|---|
| Expense Ratio | 0.79%Tie | 0.79%Tie |
| AUM | $820M | $196M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 12 | 21 |
| YTD Return | +7.39%Best | +4.57% |
| 1Y Return | +9.36%Best | +5.74% |
| 3Y Return (annualized) | +12.51% | - |
| 5Y Return (annualized) | +7.23% | - |
| Volatility (annualized) | 3.3%Tie | 3.3%Tie |
| Max Drawdown | -9.4% | -5.5%Best |
| $10,000 over 2.3 years | $12,446Best | $11,704 |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Apr 30, 2020 | Jul 1, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Jul 1, 2024 to Oct 15, 2026 (2.3 years).
PMAY vs ZJUL 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 2.3 years both funds cover.
PMAY vs ZJUL Performance
Innovator US Equity Power Buffer ETF - May (PMAY) is an ETF from Innovator ETFs Trust and Innovator Equity Defined Protection ETF - 1 Yr July (ZJUL) is an ETF from Innovator ETFs Trust. Over the past year PMAY returned +9.36% while ZJUL returned +5.74%. Year to date, PMAY is up 7.39% versus a gain of 4.57% for ZJUL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PMAY and ZJUL have been equally volatile, both at 3.3% annualized.
The deepest peak-to-trough decline in our data was -9.4% for PMAY and -5.5% for ZJUL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
PMAY charges 0.79% per year while ZJUL charges 0.79%. On a $10,000 position that is $79 vs $79 annually. On income, PMAY currently yields 0.00% against 0.00% for ZJUL.
You are not choosing between two funds in isolation.
Whichever of PMAY and ZJUL 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, PMAY or ZJUL?
PMAY has an expense ratio of 0.79% while ZJUL charges 0.79%. At the precision these are quoted to, they cost the same.
Which performed better, PMAY or ZJUL?
Over the past year PMAY returned +9.36% vs +5.74% for ZJUL, so PMAY leads on 1-year performance. Over the longest common window we track (2 years), PMAY annualized +9.98% vs +7.08% for ZJUL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PMAY or ZJUL?
PMAY and ZJUL have been equally volatile, both at 3.3% annualized. Worst drawdown: PMAY -9.4% vs ZJUL -5.5%.
Should I hold both PMAY and ZJUL?
PMAY and ZJUL have a monthly-return correlation of 0.91, 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, PMAY or ZJUL?
PMAY yields 0.00% while ZJUL yields 0.00%, so ZJUL currently pays the higher dividend yield.
Is ZJUL better than PMAY?
PMAY led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91. Which one suits a particular account depends on what it is for. This is information, not a recommendation.