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Defined Outcome Portfolio
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


BJAN 40%JEPI 10%JEPQ 10%NJAN 10%NAPR 10%NJUL 10%NOCT 10%EquityEquity
PositionCategory/SectorWeight
BJAN
Innovator U.S. Equity Buffer ETF - January
Volatility Hedged Equity

40%

JEPI
JPMorgan Equity Premium Income ETF
Actively Managed, Dividend, Derivative Income

10%

JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
Actively Managed, Dividend, Derivative Income

10%

NAPR
Innovator Growth-100 Power Buffer ETF - April
Volatility Hedged Equity

10%

NJAN
Innovator Growth-100 Power Buffer ETF - January
Volatility Hedged Equity

10%

NJUL
Innovator Growth-100 Power Buffer ETF - July
Volatility Hedged Equity

10%

NOCT
Innovator Growth-100 Power Buffer ETF- October
Volatility Hedged Equity

10%

S&P 500

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Defined Outcome Portfolio, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly


15.00%20.00%25.00%30.00%FebruaryMarchAprilMayJuneJuly
27.71%
28.02%
Defined Outcome Portfolio
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is May 4, 2022, corresponding to the inception date of JEPQ

Returns By Period


Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500
15.41%0.33%13.74%21.39%13.11%10.77%
Defined Outcome Portfolio9.45%0.22%7.97%16.35%N/AN/A
BJAN
Innovator U.S. Equity Buffer ETF - January
10.87%0.62%9.57%18.40%10.38%N/A
JEPI
JPMorgan Equity Premium Income ETF
6.91%0.71%5.98%9.47%N/AN/A
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
13.65%-1.15%10.42%22.73%N/AN/A
NJAN
Innovator Growth-100 Power Buffer ETF - January
8.70%-0.03%6.93%12.64%N/AN/A
NAPR
Innovator Growth-100 Power Buffer ETF - April
6.78%-0.02%6.10%12.83%N/AN/A
NJUL
Innovator Growth-100 Power Buffer ETF - July
7.67%-0.12%6.14%14.75%N/AN/A
NOCT
Innovator Growth-100 Power Buffer ETF- October
7.19%0.32%5.74%17.31%N/AN/A

Monthly Returns

The table below presents the monthly returns of Defined Outcome Portfolio, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20241.50%2.79%1.43%-1.90%3.37%1.95%9.45%
20235.70%-0.91%3.97%1.45%1.71%3.60%1.83%-0.16%-2.57%-1.13%6.49%3.13%25.21%
2022-2.72%-5.12%6.90%-2.59%-7.16%5.04%4.59%-4.95%-6.81%

Expense Ratio

Defined Outcome Portfolio features an expense ratio of 0.70%, falling within the medium range. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.


Expense ratio chart for NOCT: current value at 0.81% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.81%
Expense ratio chart for BJAN: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%
Expense ratio chart for NJAN: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%
Expense ratio chart for NAPR: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%
Expense ratio chart for NJUL: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%
Expense ratio chart for JEPI: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%
Expense ratio chart for JEPQ: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of Defined Outcome Portfolio is 86, placing it in the top 14% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of Defined Outcome Portfolio is 8686
Defined Outcome Portfolio
The Sharpe Ratio Rank of Defined Outcome Portfolio is 8686Sharpe Ratio Rank
The Sortino Ratio Rank of Defined Outcome Portfolio is 8787Sortino Ratio Rank
The Omega Ratio Rank of Defined Outcome Portfolio is 8989Omega Ratio Rank
The Calmar Ratio Rank of Defined Outcome Portfolio is 8585Calmar Ratio Rank
The Martin Ratio Rank of Defined Outcome Portfolio is 8585Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Defined Outcome Portfolio
Sharpe ratio
The chart of Sharpe ratio for Defined Outcome Portfolio, currently valued at 2.28, compared to the broader market-1.000.001.002.003.004.002.28
Sortino ratio
The chart of Sortino ratio for Defined Outcome Portfolio, currently valued at 3.27, compared to the broader market-2.000.002.004.006.003.27
Omega ratio
The chart of Omega ratio for Defined Outcome Portfolio, currently valued at 1.43, compared to the broader market0.801.001.201.401.601.801.43
Calmar ratio
The chart of Calmar ratio for Defined Outcome Portfolio, currently valued at 3.03, compared to the broader market0.002.004.006.008.0010.003.03
Martin ratio
The chart of Martin ratio for Defined Outcome Portfolio, currently valued at 12.43, compared to the broader market0.0010.0020.0030.0040.0012.43
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.82, compared to the broader market-1.000.001.002.003.004.001.82
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.59, compared to the broader market-2.000.002.004.006.002.59
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.32, compared to the broader market0.801.001.201.401.601.801.32
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.45, compared to the broader market0.002.004.006.008.0010.001.45
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 6.82, compared to the broader market0.0010.0020.0030.0040.006.82

Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
BJAN
Innovator U.S. Equity Buffer ETF - January
2.163.131.412.238.95
JEPI
JPMorgan Equity Premium Income ETF
1.442.031.261.535.97
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
1.942.611.373.2411.99
NJAN
Innovator Growth-100 Power Buffer ETF - January
2.363.551.493.7719.40
NAPR
Innovator Growth-100 Power Buffer ETF - April
1.972.771.413.1412.79
NJUL
Innovator Growth-100 Power Buffer ETF - July
1.802.551.352.5710.28
NOCT
Innovator Growth-100 Power Buffer ETF- October
3.254.861.754.4227.40

Sharpe Ratio

The current Defined Outcome Portfolio Sharpe ratio is 2.28. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Compared to the broad market, where average Sharpe ratios range from 1.31 to 2.06, this portfolio's current Sharpe ratio is in the top 25%, it signifies superior risk-adjusted performance. This means that for the level of risk undertaken, the portfolio is generating impressive returns compared to most others.

Use the chart below to compare the Sharpe ratio of Defined Outcome Portfolio with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50FebruaryMarchAprilMayJuneJuly
2.28
1.82
Defined Outcome Portfolio
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

Defined Outcome Portfolio granted a 1.64% dividend yield in the last twelve months.


TTM20232022202120202019
Defined Outcome Portfolio1.64%1.84%2.11%0.66%0.58%1.97%
BJAN
Innovator U.S. Equity Buffer ETF - January
0.00%0.00%0.00%0.00%0.00%4.66%
JEPI
JPMorgan Equity Premium Income ETF
7.28%8.40%11.68%6.59%5.79%0.00%
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
9.07%10.02%9.44%0.00%0.00%0.00%
NJAN
Innovator Growth-100 Power Buffer ETF - January
0.00%0.00%0.00%0.00%0.00%0.00%
NAPR
Innovator Growth-100 Power Buffer ETF - April
0.00%0.00%0.00%0.00%0.00%0.00%
NJUL
Innovator Growth-100 Power Buffer ETF - July
0.00%0.00%0.00%0.00%0.00%0.00%
NOCT
Innovator Growth-100 Power Buffer ETF- October
0.00%0.00%0.00%0.00%0.00%1.07%

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%FebruaryMarchAprilMayJuneJuly
-1.31%
-2.86%
Defined Outcome Portfolio
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the Defined Outcome Portfolio. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Defined Outcome Portfolio was 12.43%, occurring on Oct 14, 2022. Recovery took 115 trading sessions.

The current Defined Outcome Portfolio drawdown is 1.31%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-12.43%Aug 17, 202242Oct 14, 2022115Mar 31, 2023157
-10.4%May 5, 202230Jun 16, 202239Aug 12, 202269
-5.26%Sep 15, 202331Oct 27, 202310Nov 10, 202341
-3.28%Apr 1, 202415Apr 19, 202412May 7, 202427
-2.55%Aug 1, 202314Aug 18, 202318Sep 14, 202332

Volatility

Volatility Chart

The current Defined Outcome Portfolio volatility is 1.15%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%FebruaryMarchAprilMayJuneJuly
1.15%
2.76%
Defined Outcome Portfolio
Benchmark (^GSPC)
Portfolio components

Diversification

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

JEPINJANNOCTNAPRNJULBJANJEPQ
JEPI1.000.640.650.650.670.820.70
NJAN0.641.000.910.910.910.870.92
NOCT0.650.911.000.910.920.880.91
NAPR0.650.910.911.000.920.890.93
NJUL0.670.910.920.921.000.900.94
BJAN0.820.870.880.890.901.000.91
JEPQ0.700.920.910.930.940.911.00
The correlation results are calculated based on daily price changes starting from May 5, 2022