UAUG vs UJUL
Innovator US Equity Ultra Buffer ETF - August vs Innovator US Equity Ultra Buffer ETF - July
Which is better, UAUG or UJUL?
Each has led over a different period.
UAUG led over 1Y, 3Y and the full window, UJUL over 5Y. The two have moved almost in lockstep, correlation 0.94.
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 | UAUG | UJUL |
|---|---|---|
| Expense Ratio | 0.79%Tie | 0.79%Tie |
| AUM | $248M | $303M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 24 | 24 |
| YTD Return | +8.01%Best | +7.39% |
| 1Y Return | +10.28%Best | +9.54% |
| 3Y Return (annualized) | +14.19%Best | +13.32% |
| 5Y Return (annualized) | +8.49% | +8.92%Best |
| Volatility (annualized) | 7.7% | 7.4%Best |
| Max Drawdown | -13.9%Best | -14.1% |
| $10,000 over 5 years | $15,030 | $15,330Best |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Jul 31, 2019 | Aug 7, 2018 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Aug 1, 2019 to Oct 14, 2026 (7.2 years).
UAUG vs UJUL 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 7.2 years both funds cover.
UAUG vs UJUL Performance
Innovator US Equity Ultra Buffer ETF - August (UAUG) is an ETF from Innovator ETFs Trust and Innovator US Equity Ultra Buffer ETF - July (UJUL) is an ETF from Innovator ETFs Trust. Over the past year UAUG returned +10.28% while UJUL returned +9.54%. Year to date, UAUG is up 8.01% versus a gain of 7.39% for UJUL.
Over three years, UAUG compounded at +14.19% per year against +13.32% for UJUL; over five years the annualized figures are +8.49% and +8.92% respectively. Across the full 7-year window we track, UAUG has the edge at +7.98% annualized vs +7.60%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UAUG has been the more volatile fund, with annualized monthly volatility of 7.7% compared with 7.4% for UJUL. 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 -13.9% for UAUG and -14.1% for UJUL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
UAUG charges 0.79% per year while UJUL charges 0.79%. On a $10,000 position that is $79 vs $79 annually. On income, UAUG currently yields 0.00% against 0.00% for UJUL.
Holdings Overlap
We hold position weights for 1 holding in UAUG and 1 in UJUL, totalling 99.7% and 99.3% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 1 positions we hold weights for in UAUG and 1 in UJUL, against full books of 24 and 24.
Top Shared Holdings
| Stock | Weight in UAUG | Weight in UJUL | Difference |
|---|---|---|---|
| VOOVanguard S&P 500 ETF | 99.72% | 99.33% | 0.39% |
You are not choosing between two funds in isolation.
Whichever of UAUG and UJUL 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, UAUG or UJUL?
UAUG has an expense ratio of 0.79% while UJUL charges 0.79%. At the precision these are quoted to, they cost the same.
Which performed better, UAUG or UJUL?
Over the past year UAUG returned +10.28% vs +9.54% for UJUL, so UAUG leads on 1-year performance. Over the longest common window we track (7 years), UAUG annualized +7.98% vs +7.60% for UJUL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, UAUG or UJUL?
UAUG has been the more volatile fund at 7.7% annualized versus 7.4% for UJUL. Worst drawdown: UAUG -13.9% vs UJUL -14.1%.
Should I hold both UAUG and UJUL?
UAUG and UJUL have a monthly-return correlation of 0.94, 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, UAUG or UJUL?
UAUG yields 0.00% while UJUL yields 0.00%, so UJUL currently pays the higher dividend yield.
Is UJUL better than UAUG?
UAUG led over 1Y, 3Y and the full window, UJUL over 5Y. The two have moved almost in lockstep, correlation 0.94. Which one suits a particular account depends on what it is for. This is information, not a recommendation.