UJAN vs UJUL
Innovator US Equity Ultra Buffer ETF - January vs Innovator US Equity Ultra Buffer ETF - July
Which is better, UJAN or UJUL?
Each has led over a different period.
UJAN led over 1Y, UJUL over 3Y, 5Y 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 | UJAN | UJUL |
|---|---|---|
| Expense Ratio | 0.79%Tie | 0.79%Tie |
| AUM | $252M | $303M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 18 | 24 |
| YTD Return | +7.66%Best | +7.39% |
| 1Y Return | +11.00%Best | +9.54% |
| 3Y Return (annualized) | +12.22% | +13.32%Best |
| 5Y Return (annualized) | +8.29% | +8.92%Best |
| Volatility (annualized) | 6.1%Best | 7.8% |
| Max Drawdown | -13.7%Best | -14.1% |
| $10,000 over 5 years | $14,892 | $15,330Best |
| Fund Family | Innovator ETFs Trust | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Dec 31, 2018 | Aug 7, 2018 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jan 2, 2019 to Oct 14, 2026 (7.8 years).
UJAN 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 7.8 years both funds cover.
UJAN vs UJUL Performance
Innovator US Equity Ultra Buffer ETF - January (UJAN) 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 UJAN returned +11.00% while UJUL returned +9.54%. Year to date, UJAN is up 7.66% versus a gain of 7.39% for UJUL.
Over three years, UJAN compounded at +12.22% per year against +13.32% for UJUL; over five years the annualized figures are +8.29% and +8.92% respectively. Across the full 8-year window we track, UJUL has the edge at +8.24% annualized vs +8.22%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UJUL has been the more volatile fund, with annualized monthly volatility of 7.8% compared with 6.1% for UJAN. 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 -13.7% for UJAN 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
UJAN charges 0.79% per year while UJUL charges 0.79%. On a $10,000 position that is $79 vs $79 annually. On income, UJAN currently yields 0.00% against 0.00% for UJUL.
You are not choosing between two funds in isolation.
Whichever of UJAN 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, UJAN or UJUL?
UJAN 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, UJAN or UJUL?
Over the past year UJAN returned +11.00% vs +9.54% for UJUL, so UJAN leads on 1-year performance. Over the longest common window we track (8 years), UJAN annualized +8.22% vs +8.24% for UJUL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, UJAN or UJUL?
UJUL has been the more volatile fund at 7.8% annualized versus 6.1% for UJAN. Worst drawdown: UJAN -13.7% vs UJUL -14.1%.
Should I hold both UJAN and UJUL?
UJAN and UJUL have a monthly-return correlation of 0.89, 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, UJAN or UJUL?
UJAN yields 0.00% while UJUL yields 0.00%, so UJUL currently pays the higher dividend yield.
Is UJUL better than UJAN?
UJAN led over 1Y, UJUL over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.