UDEC vs UJUL
Innovator US Equity Ultra Buffer ETF - December vs Innovator US Equity Ultra Buffer ETF - July
Which is better, UDEC or UJUL?
Each has led over a different period.
UDEC led over 1Y and the full window, UJUL over 3Y and 5Y.
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 | UDEC | UJUL |
|---|---|---|
| Expense Ratio | 0.79%Tie | 0.79%Tie |
| AUM | $244M | $303M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 18 | 24 |
| YTD Return | +8.52%Best | +7.39% |
| 1Y Return | +12.63%Best | +9.54% |
| 3Y Return (annualized) | +12.90% | +13.32%Best |
| 5Y Return (annualized) | +7.67% | +8.92%Best |
| Volatility (annualized) | 7.3%Best | 7.9% |
| Max Drawdown | -13.4%Best | -14.1% |
| $10,000 over 5 years | $14,470 | $15,330Best |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Dec 1, 2019 | Aug 7, 2018 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Dec 2, 2019 to Oct 14, 2026 (8.2 years).
UDEC 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 8.2 years both funds cover.
UDEC vs UJUL Performance
Innovator US Equity Ultra Buffer ETF - December (UDEC) 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 UDEC returned +12.63% while UJUL returned +9.54%. Year to date, UDEC is up 8.52% versus a gain of 7.39% for UJUL.
Over three years, UDEC compounded at +12.90% per year against +13.32% for UJUL; over five years the annualized figures are +7.67% and +8.92% respectively. Across the full 7-year window we track, UDEC has the edge at +7.41% annualized vs +7.06%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UJUL has been the more volatile fund, with annualized monthly volatility of 7.9% compared with 7.3% for UDEC. 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 -13.4% for UDEC 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 0.25. They move largely independently of each other.
Fees and Cost Over Time
UDEC charges 0.79% per year while UJUL charges 0.79%. On a $10,000 position that is $79 vs $79 annually. On income, UDEC currently yields 0.00% against 0.00% for UJUL.
You are not choosing between two funds in isolation.
Whichever of UDEC 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, UDEC or UJUL?
UDEC 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, UDEC or UJUL?
Over the past year UDEC returned +12.63% vs +9.54% for UJUL, so UDEC leads on 1-year performance. Over the longest common window we track (7 years), UDEC annualized +7.41% vs +7.06% for UJUL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, UDEC or UJUL?
UJUL has been the more volatile fund at 7.9% annualized versus 7.3% for UDEC. Worst drawdown: UDEC -13.4% vs UJUL -14.1%.
Should I hold both UDEC and UJUL?
UDEC and UJUL have a monthly-return correlation of 0.25, 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, UDEC or UJUL?
UDEC yields 0.00% while UJUL yields 0.00%, so UJUL currently pays the higher dividend yield.
Is UJUL better than UDEC?
UDEC led over 1Y and the full window, UJUL over 3Y and 5Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.