TJUL vs TSPY
Innovator Equity Defined Protection ETF - 2 Yr to July 2027 vs TappAlpha S&P 500 Growth & Daily Income ETF
Which is better, TJUL or TSPY?
TSPY has been ahead.
TSPY has a lower expense ratio. TSPY 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 | TJUL | TSPY |
|---|---|---|
| Expense Ratio | 0.79% | 0.71%Best |
| AUM | $115M | $366M |
| Dividend Yield | 0.00% | 15.20% |
| Holdings | 15 | 3 |
| YTD Return | +3.68% | +10.14%Best |
| 1Y Return | +4.83% | +14.60%Best |
| 3Y Return (annualized) | +7.68% | - |
| Volatility (annualized) | 2.3%Best | 12.2% |
| Max Drawdown | -4.6%Best | -18.0% |
| $10,000 over 2.2 years | $11,349 | $13,991Best |
| Fund Family | Innovator ETFs Trust | TappAlpha |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jul 18, 2023 | Aug 14, 2024 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Aug 15, 2024 to Oct 14, 2026 (2.2 years).
TJUL vs TSPY 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 2.2 years both funds cover.
TJUL vs TSPY Performance
Innovator Equity Defined Protection ETF - 2 Yr to July 2027 (TJUL) is an ETF from Innovator ETFs Trust and TappAlpha S&P 500 Growth & Daily Income ETF (TSPY) is an ETF from TappAlpha. Over the past year TJUL returned +4.83% while TSPY returned +14.60%. Year to date, TJUL is up 3.68% versus a gain of 10.14% for TSPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSPY has been the more volatile fund, with annualized monthly volatility of 12.2% compared with 2.3% for TJUL. 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 -4.6% for TJUL and -18.0% for TSPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
TJUL charges 0.79% per year while TSPY charges 0.71%. On a $10,000 position that is $79 vs $71 annually, a gap of $8 per year that compounds over a long holding period. On income, TJUL currently yields 0.00% against 15.20% for TSPY.
You are not choosing between two funds in isolation.
Whichever of TJUL and TSPY 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, TJUL or TSPY?
TJUL has an expense ratio of 0.79% while TSPY charges 0.71%. TSPY is the cheaper option, by $8 a year on a $10,000 investment.
Which performed better, TJUL or TSPY?
Over the past year TJUL returned +4.83% vs +14.60% for TSPY, so TSPY leads on 1-year performance. Over the longest common window we track (2 years), TJUL annualized +5.92% vs +16.49% for TSPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TJUL or TSPY?
TSPY has been the more volatile fund at 12.2% annualized versus 2.3% for TJUL. Worst drawdown: TJUL -4.6% vs TSPY -18.0%.
Should I hold both TJUL and TSPY?
TJUL and TSPY have a monthly-return correlation of 0.88, 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, TJUL or TSPY?
TJUL yields 0.00% while TSPY yields 15.20%, so TSPY currently pays the higher dividend yield.
Is TSPY better than TJUL?
TSPY has a lower expense ratio. TSPY 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.