TJUL vs ZJUL
Innovator Equity Defined Protection ETF - 2 Yr to July 2027 vs Innovator Equity Defined Protection ETF - 1 Yr July
Which is better, TJUL or ZJUL?
ZJUL has been ahead.
ZJUL 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 | ZJUL |
|---|---|---|
| Expense Ratio | 0.79%Tie | 0.79%Tie |
| AUM | $115M | $194M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 15 | 21 |
| YTD Return | +3.68% | +4.45%Best |
| 1Y Return | +4.83% | +5.64%Best |
| 3Y Return (annualized) | +7.68% | - |
| Volatility (annualized) | 2.3%Best | 3.3% |
| Max Drawdown | -4.6%Best | -5.5% |
| $10,000 over 2.3 years | $11,461 | $11,691Best |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jul 18, 2023 | Jul 1, 2024 |
Not shown on this pair: 5Y Return (annualized), 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 14, 2026 (2.3 years).
TJUL 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.
TJUL vs ZJUL Performance
Innovator Equity Defined Protection ETF - 2 Yr to July 2027 (TJUL) 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 TJUL returned +4.83% while ZJUL returned +5.64%. Year to date, TJUL is up 3.68% versus a gain of 4.45% for ZJUL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ZJUL has been the more volatile fund, with annualized monthly volatility of 3.3% 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 -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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
TJUL charges 0.79% per year while ZJUL charges 0.79%. On a $10,000 position that is $79 vs $79 annually. On income, TJUL currently yields 0.00% against 0.00% for ZJUL.
You are not choosing between two funds in isolation.
Whichever of TJUL 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, TJUL or ZJUL?
TJUL 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, TJUL or ZJUL?
Over the past year TJUL returned +4.83% vs +5.64% for ZJUL, so ZJUL leads on 1-year performance. Over the longest common window we track (2 years), TJUL annualized +6.11% vs +7.03% for ZJUL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TJUL or ZJUL?
ZJUL has been the more volatile fund at 3.3% annualized versus 2.3% for TJUL. Worst drawdown: TJUL -4.6% vs ZJUL -5.5%.
Should I hold both TJUL and ZJUL?
TJUL and ZJUL have a monthly-return correlation of 0.77, 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 ZJUL?
TJUL yields 0.00% while ZJUL yields 0.00%, so ZJUL currently pays the higher dividend yield.
Is ZJUL better than TJUL?
ZJUL 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.