XVOL vs ZJAN
Acruence Active Hedge US Equity ETF vs Innovator Equity Defined Protection ETF - 1 Yr January
Which is better, XVOL or ZJAN?
XVOL has been ahead.
ZJAN has a lower expense ratio. XVOL 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 | XVOL | ZJAN |
|---|---|---|
| Expense Ratio | 0.83% | 0.79%Best |
| AUM | $2M | $109M |
| Dividend Yield | 2.00% | 0.00% |
| Holdings | 83 | 15 |
| Volatility (annualized) | 14.2% | 2.6%Best |
| Max Drawdown | -19.5% | -3.2%Best |
| $10,000 over 1.3 years | $10,888Best | $10,804 |
| Fund Family | Acruence Capital, LLC | Innovator ETFs Trust |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 21, 2021 | Jan 2, 2025 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 181 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. XVOL has data through Apr 16, 2026 and ZJAN through Oct 14, 2026.
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jan 2, 2025 to Apr 16, 2026 (1.3 years).
Risk: Volatility and Drawdowns
XVOL has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 2.6% for ZJAN. 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 -19.5% for XVOL and -3.2% for ZJAN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
XVOL charges 0.83% per year while ZJAN charges 0.79%. On a $10,000 position that is $83 vs $79 annually, a gap of $4 per year that compounds over a long holding period. On income, XVOL currently yields 2.00% against 0.00% for ZJAN.
You are not choosing between two funds in isolation.
Whichever of XVOL and ZJAN 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, XVOL or ZJAN?
XVOL has an expense ratio of 0.83% while ZJAN charges 0.79%. ZJAN is the cheaper option, by $4 a year on a $10,000 investment.
Which is riskier, XVOL or ZJAN?
XVOL has been the more volatile fund at 14.2% annualized versus 2.6% for ZJAN. Worst drawdown: XVOL -19.5% vs ZJAN -3.2%.
Should I hold both XVOL and ZJAN?
XVOL and ZJAN have a monthly-return correlation of 0.80, 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, XVOL or ZJAN?
XVOL yields 2.00% while ZJAN yields 0.00%, so XVOL currently pays the higher dividend yield.
Is ZJAN better than XVOL?
ZJAN has a lower expense ratio. XVOL 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.