UPAR vs ZJUL
UPAR Ultra Risk Parity ETF vs Innovator Equity Defined Protection ETF - 1 Yr July
Which is better, UPAR or ZJUL?
Each has led over a different period.
UPAR has a lower expense ratio. UPAR led over the full window, ZJUL over 1Y.
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 | UPAR | ZJUL |
|---|---|---|
| Expense Ratio | 0.68%Best | 0.79% |
| AUM | $54M | $194M |
| Dividend Yield | 3.47% | 0.00% |
| Holdings | 141 | 21 |
| YTD Return | -0.01% | +4.45%Best |
| 1Y Return | +1.17% | +5.64%Best |
| 3Y Return (annualized) | +12.12% | - |
| Volatility (annualized) | 14.9% | 3.3%Best |
| Max Drawdown | -16.0% | -5.5%Best |
| $10,000 over 2.3 years | $12,275Best | $11,691 |
| Fund Family | Rpar ETF | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jan 3, 2022 | 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).
UPAR 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.
UPAR vs ZJUL Performance
UPAR Ultra Risk Parity ETF (UPAR) is an ETF from Rpar ETF and Innovator Equity Defined Protection ETF - 1 Yr July (ZJUL) is an ETF from Innovator ETFs Trust. Over the past year UPAR returned +1.17% while ZJUL returned +5.64%. Year to date, UPAR is down 0.01% versus a gain of 4.45% for ZJUL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UPAR has been the more volatile fund, with annualized monthly volatility of 14.9% compared with 3.3% for ZJUL. 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 -16.0% for UPAR 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 0.38. They move together some of the time, and apart the rest.
Fees and Cost Over Time
UPAR charges 0.68% per year while ZJUL charges 0.79%. On a $10,000 position that is $68 vs $79 annually, a gap of $11 per year that compounds over a long holding period. On income, UPAR currently yields 3.47% against 0.00% for ZJUL.
Holdings Overlap
We hold position weights for 130 holdings in UPAR and 1 in ZJUL, totalling 47.3% and 100.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 130 positions we hold weights for in UPAR and 1 in ZJUL, against full books of 141 and 21.
You are not choosing between two funds in isolation.
Whichever of UPAR 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, UPAR or ZJUL?
UPAR has an expense ratio of 0.68% while ZJUL charges 0.79%. UPAR is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, UPAR or ZJUL?
Over the past year UPAR returned +1.17% vs +5.64% for ZJUL, so ZJUL leads on 1-year performance. Over the longest common window we track (2 years), UPAR annualized +9.32% vs +7.03% for ZJUL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, UPAR or ZJUL?
UPAR has been the more volatile fund at 14.9% annualized versus 3.3% for ZJUL. Worst drawdown: UPAR -16.0% vs ZJUL -5.5%.
Should I hold both UPAR and ZJUL?
UPAR and ZJUL have a monthly-return correlation of 0.38, 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, UPAR or ZJUL?
UPAR yields 3.47% while ZJUL yields 0.00%, so UPAR currently pays the higher dividend yield.
Is ZJUL better than UPAR?
UPAR has a lower expense ratio. UPAR led over the full window, ZJUL over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.